BWE Drilling (ASX:BWE) Scaled Net Operating Assets: 0.67 (As of Dec. 2024)


ASX:BWE BWE Drilling Ltd ASX:BWE
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What is BWE Drilling Scaled Net Operating Assets?

BWE Drilling ASX:BWE 30 Scaled Net Operating Assets is 0.67 as of Dec. 2024. GuruFocus rates ASX:BWE with a GF Score™ of 30/100.

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

BWE Drilling's operating assets for the quarter that ended in Dec. 2024 was A$69.99 Mil. BWE Drilling's operating liabilities for the quarter that ended in Dec. 2024 was A$16.68 Mil. BWE Drilling's Total Assets for the quarter that ended in Jun. 2024 was A$79.54 Mil. Therefore, BWE Drilling's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.67.


BWE Drilling Scaled Net Operating Assets Historical Data

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The historical data trend for BWE Drilling'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.

BWE Drilling Scaled Net Operating Assets Chart

BWE Drilling Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets
0.53 1.74 0.85 0.60

BWE Drilling Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.83 0.70 0.64 0.69 0.67

ASX:BWE vs PWR, FIX, EME: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, BWE Drilling'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.


BWE Drilling Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, BWE Drilling's Scaled Net Operating Assets distribution charts can be found below:

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


ASX:BWE
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BWE Drilling Ltd ASX:BWE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BWE Drilling 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.

BWE Drilling's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(77.696-13.744)/105.908
=0.60

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=79.541 - 1.845
=77.696

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40.265 - 2.878 - 23.643
=13.744

BWE Drilling's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Jun. 2024 )
=(69.989-16.68)/79.541
=0.67

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=75.696 - 5.707
=69.989

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=40.852 - 14.555 - 9.617
=16.68

* 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.

What does a Scaled Net Operating Assets of 0.67 mean?
BWE Drilling (ASX:BWE) has a Scaled Net Operating Assets of 0.67 as of Dec. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BWE Drilling and its competitors.
Is BWE Drilling's Scaled Net Operating Assets too high?
BWE Drilling's current Scaled Net Operating Assets is 0.67. Overall, BWE Drilling has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does BWE Drilling's Scaled Net Operating Assets compare to PWR and FIX?
BWE Drilling's Scaled Net Operating Assets of 0.67 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Construction company?
A good Scaled Net Operating Assets depends on the Construction industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BWE Drilling and its competitors. BWE Drilling's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWE Drilling stock overvalued right now?
BWE Drilling (ASX:BWE) has a current Scaled Net Operating Assets of 0.67. The current Scaled Net Operating Assets is 0.67. BWE Drilling's overall GF Score™ is 30/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For BWE Drilling (ASX:BWE), the current Scaled Net Operating Assets is 0.67 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BWE Drilling Business Description

Address 76 Hasler Road, Level 2, Osborne Park, Perth, WA, AUS, 6017
BWE Drilling Ltd, formerly Dynamic Group Holdings Ltd is a supplier of drilling and blasting services to clients in the mining and construction sectors in Western Australia. It has extensive experience in areas of drilling and blasting, exploration and mine site resource definitions and grade control drilling, and water drilling, including deep artesian bores.
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