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Headwater Exploration (TSX:HWX) Scaled Net Operating Assets : 0.60 (As of Mar. 2024)


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What is Headwater Exploration 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.

Headwater Exploration's operating assets for the quarter that ended in Mar. 2024 was C$742.4 Mil. Headwater Exploration's operating liabilities for the quarter that ended in Mar. 2024 was C$242.4 Mil. Headwater Exploration's Total Assets for the quarter that ended in Dec. 2023 was C$836.3 Mil. Therefore, Headwater Exploration's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.60.


Headwater Exploration Scaled Net Operating Assets Historical Data

The historical data trend for Headwater Exploration'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.

Headwater Exploration Scaled Net Operating Assets Chart

Headwater Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 1.50 0.95 0.75 0.63

Headwater Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.54 0.57 0.60 0.57 0.60

Competitive Comparison of Headwater Exploration's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Headwater Exploration'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.


Headwater Exploration's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Headwater Exploration's Scaled Net Operating Assets distribution charts can be found below:

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



Headwater Exploration 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.

Headwater Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(690.283-224.995)/734.742
=0.63

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=836.335 - 146.052
=690.283

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=225.837 - 0.808 - 0.034
=224.995

Headwater Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(742.369-242.442)/836.335
=0.60

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=868.952 - 126.583
=742.369

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=243.277 - 0.815 - 0.02
=242.442

* 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.


Headwater Exploration Scaled Net Operating Assets Related Terms

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Headwater Exploration (TSX:HWX) Business Description

Traded in Other Exchanges
Address
500 - 4th Avenue S.W, Suite 1200, Calgary, AB, CAN, T2P 2V6
Headwater Exploration Inc is an oil and gas exploration and development company. It is engaged in the exploration, development, and production of petroleum and natural gas onshore in McCully Field, New Brunswick and Marten Hills, Alberta. The firm generates substantial revenue from the sale of commodities which include crude oil, natural gas and natural gas liquids.
Executives
Stephen Phillip Larke Director

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