Triangle Energy(Global) (ASX:TEG) Scaled Net Operating Assets : -0.07 (As of Dec. 2023)

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What is Triangle Energy(Global) 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.

Triangle Energy(Global)'s operating assets for the quarter that ended in Dec. 2023 was A$18.70 Mil. Triangle Energy(Global)'s operating liabilities for the quarter that ended in Dec. 2023 was A$20.65 Mil. Triangle Energy(Global)'s Total Assets for the quarter that ended in Jun. 2023 was A$28.83 Mil. Therefore, Triangle Energy(Global)'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.07.

Triangle Energy(Global) Scaled Net Operating Assets Historical Data

The historical data trend for Triangle Energy(Global)'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.

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Triangle Energy(Global) Scaled Net Operating Assets Chart

Triangle Energy(Global) Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Scaled Net Operating Assets

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0.03

0.25

-0.10

-0.09

-0.27

Triangle Energy(Global) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Scaled Net Operating Assets	Get a 7-Day Free Trial															-0.08	0.36	-0.07	-0.07	-0.32

Competitive Comparison of Triangle Energy(Global)'s Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Triangle Energy(Global)'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.

Triangle Energy(Global)'s Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Triangle Energy(Global)'s Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Triangle Energy(Global)'s Scaled Net Operating Assets falls into.

Triangle Energy(Global) 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.

Triangle Energy(Global)'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(18.119	-	21.088)	/	34.375
=	-0.09

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	28.826	-	10.707
=	18.119

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	21.088	-	0	-	0
=	21.088

Triangle Energy(Global)'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: Jun. 2023 )
=	(18.702	-	20.646)	/	28.826
=	-0.07

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	23.94	-	5.238
=	18.702

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	20.646	-	0	-	0
=	20.646

Triangle Energy(Global) Scaled Net Operating Assets Related Terms

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Triangle Energy(Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Triangle Energy(Global) Ltd (ASX:TEG) » Definitions » Scaled Net Operating Assets

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Address

100 Havelock Street, Suite 2, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.triangleenergy.com.au

Triangle Energy(Global) Ltd is an oil and gas production and exploration company based in Perth, Western Australia. Its projects include Cliff Head Oil Field; Mount Horner Project; and its exploration permit EP437 in the Perth Basin. It also holds interests in Permit 2628 and Permit 2650, located in the UK North Sea, and has made investments in State Gas Limited. The company derives revenue from the sale of crude oil. Its reportable segments are; WA oil production which derives maximum revenue, and Exploration and corporate. Geographically, it operates in one geographical location Western Australia, and sells its product in Asia.

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