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RGC Resources (RGC Resources) Scaled Net Operating Assets : 0.82 (As of Dec. 2023)


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What is RGC Resources Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RGC Resources's operating assets for the quarter that ended in Dec. 2023 was $311.84 Mil. RGC Resources's operating liabilities for the quarter that ended in Dec. 2023 was $61.60 Mil. RGC Resources's Total Assets for the quarter that ended in Sep. 2023 was $303.73 Mil. Therefore, RGC Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.82.


RGC Resources Scaled Net Operating Assets Historical Data

The historical data trend for RGC Resources's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RGC Resources Scaled Net Operating Assets Chart

RGC Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.82 0.85 0.73 0.83

RGC Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.75 0.79 0.82 0.82

Competitive Comparison of RGC Resources's Scaled Net Operating Assets

For the Utilities - Regulated Gas subindustry, RGC Resources's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RGC Resources's Scaled Net Operating Assets Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, RGC Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where RGC Resources's Scaled Net Operating Assets falls into.



RGC Resources Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

RGC Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(302.217-61.823)/290.309
=0.83

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=303.729 - 1.512
=302.217

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=202.997 - 125.845 - 15.329
=61.823

RGC Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(311.838-61.595)/303.729
=0.82

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=314.703 - 2.865
=311.838

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=211.159 - 102.461 - 47.103
=61.595

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RGC Resources Scaled Net Operating Assets Related Terms

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RGC Resources (RGC Resources) Business Description

Traded in Other Exchanges
N/A
Address
519 Kimball Avenue North East, Roanoke, VA, USA, 24016
RGC Resources Inc is involved in the business of distribution and sale of natural gas to residential, commercial, and industrial customers within its service territory in Roanoke, Virginia and its surrounding localities as well as it also provides certain non-regulated services. The company relies on multiple interstate pipelines to transport natural gas. The company operates in three segments: Gas Utility, which is the key revenue generator; Investment in Affiliates this segment reflects the income generated through the activities of the Company's investment in MVP and Southgate projects and Parent & Other include the unregulated activities of the Company as well as certain corporate eliminations.
Executives
Christen Brooke Miles officer: VP, Human Resources P.O. BOX 13007, ROANOKE VA 24030
Lawrence T. Oliver officer: VP, Interim CFO, Sec. & Treas. P. O. BOX 13007, ROANOKE VA 24030
Robert B Johnston director
Jason A. Field officer: VP, Treasurer & CFO P. O. BOX 13007, ROANOKE VA 24030
Williamson John B Iii director, officer: Chairman, President & CEO PO BOX 13007, ROANOKE VA 24030
Paul W Nester officer: VP, Treasurer & CFO P.O. BOX 13007, ROANOKE VA 24030
Anita G Zucker 10 percent owner 4838 JENKINS AVE, N CHARLESTON SC 29405
Elizabeth A Mcclanahan director P. O. BOX 13007, ROANOKE VA 24030
Jacqueline L. Archer director P. O. BOX 13007, ROANOKE VA 24030
Burton Randall P. Ii other: Former VP, CFO, Sec. & Treas. P. O. BOX 13007, ROANOKE VA 24030
Shockley C James Jr officer: VP & COO P.O. BOX 13007, ROANOKE VA 24030
Wells Robert L Ii officer: VP, CIO, Asst. Sec. & Treas. P.O. BOX 13007, ROANOKE VA 24030
Nancy H Agee director PO BOX 13007, ROANOKE VA 24030
D Orazio John S officer: VP & COO Roanoke Gas Co (sub) PO BOX 13007, ROANOKE VA 24030
Smoot Raymond D Jr director P. O. BOX 13007, ROANOKE VA 24030