White Energy Co (ASX:WEC) Scaled Net Operating Assets: -0.97 (As of Dec. 2025)


ASX:WEC White Energy Co Ltd ASX:WEC
20 GF Score
Price A$0.19
! 6 Warning Signs
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What is White Energy Co Scaled Net Operating Assets?

White Energy Co ASX:WEC +8.57% 20 Scaled Net Operating Assets is -0.97 as of Dec. 2025. GuruFocus rates ASX:WEC with a GF Score™ of 20/100. The stock has 6 warning signs investors should review.

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

White Energy Co's operating assets for the quarter that ended in Dec. 2025 was A$12.83 Mil. White Energy Co's operating liabilities for the quarter that ended in Dec. 2025 was A$25.36 Mil. White Energy Co's Total Assets for the quarter that ended in Jun. 2025 was A$12.92 Mil. Therefore, White Energy Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.97.


White Energy Co Scaled Net Operating Assets Historical Data

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The historical data trend for White Energy Co'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.

White Energy Co Scaled Net Operating Assets Chart

White Energy Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.54 0.65 0.51 0.65

White Energy Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -4.44 0.43 -3.67 0.82 -0.97

White Energy Co Scaled Net Operating Assets Competitor Comparison

For the Thermal Coal subindustry, White Energy Co'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.


White Energy Co Scaled Net Operating Assets vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, White Energy Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where White Energy Co's Scaled Net Operating Assets falls into.


ASX:WEC
20GF Score
White Energy Co Ltd ASX:WEC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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White Energy Co 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.

White Energy Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(9.813-1.187)/13.267
=0.65

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.92 - 3.107
=9.813

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56.686 - 55.499 - 0
=1.187

White Energy Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(12.832-25.363)/12.92
=-0.97

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16.486 - 3.654
=12.832

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.363 - 0 - 0
=25.363

* 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 -0.97 mean?
White Energy Co (ASX:WEC) has a Scaled Net Operating Assets of -0.97 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on White Energy Co and its competitors.
Is White Energy Co's Scaled Net Operating Assets too high?
White Energy Co's current Scaled Net Operating Assets is -0.97. Overall, White Energy Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does White Energy Co's Scaled Net Operating Assets compare to competitors?
White Energy Co's Scaled Net Operating Assets of -0.97 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good Scaled Net Operating Assets depends on the Other Energy Sources 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 White Energy Co and its competitors. White Energy Co's current Scaled Net Operating Assets is -0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Energy Co stock overvalued right now?
White Energy Co (ASX:WEC) has a current Scaled Net Operating Assets of -0.97. The current Scaled Net Operating Assets is -0.97. White Energy Co's overall GF Score™ is 20/100 with 6 warning signs to review. 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 White Energy Co (ASX:WEC), the current Scaled Net Operating Assets is -0.97 as of Dec. 2025. 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.

White Energy Co Business Description

Other Exchanges WECFF:USAXPK:Germany
Address 76 Skyring Terrace, Level 2, Lobby 1, Newstead, QLD, AUS, 4006
White Energy Co Ltd engages in the development and exploitation of coal technology. It operates through two main business segments: coal technology and mining exploration. The coal technology segment holds an exclusive license for a binderless coal briquetting process that upgrades lower-quality coal into higher-value briquettes suitable for power generation. The mining exploration segment focuses on exploring mineral deposits such as copper, gold, and rare earth elements across various regions in Australia. The company generates maximum revenue from the Coal Technology in Australia segment. White Energy emphasizes innovation through the use of geochemical and geophysical techniques in mineral exploration.
20GF Score

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