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Basic Energy Services (Basic Energy Services) Scaled Net Operating Assets : 0.29 (As of Mar. 2021)


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What is Basic Energy Services 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.

Basic Energy Services's operating assets for the quarter that ended in Mar. 2021 was $326.21 Mil. Basic Energy Services's operating liabilities for the quarter that ended in Mar. 2021 was $226.55 Mil. Basic Energy Services's Total Assets for the quarter that ended in Dec. 2020 was $349.07 Mil. Therefore, Basic Energy Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2021 was 0.29.


Basic Energy Services Scaled Net Operating Assets Historical Data

The historical data trend for Basic Energy Services'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.

Basic Energy Services Scaled Net Operating Assets Chart

Basic Energy Services Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.80 0.57 0.46 0.25

Basic Energy Services Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.44 0.40 0.39 0.35 0.29

Competitive Comparison of Basic Energy Services's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Basic Energy Services'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.


Basic Energy Services's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

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



Basic Energy Services 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.

Basic Energy Services's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(347.171-209.985)/550.474
=0.25

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=349.073 - 1.902
=347.171

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=551.705 - 332.264 - 9.456
=209.985

Basic Energy Services's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2021 )
=(Operating Assets (Q: Mar. 2021 )-Operating Liabilities (Q: Mar. 2021 ))/Total Assets (Q: Dec. 2020 )
=(326.21-226.545)/349.073
=0.29

where

Operating Assets(Q: Mar. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=331.099 - 4.889
=326.21

Operating Liabilities(Q: Mar. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=570.951 - 335.767 - 8.639
=226.545

* 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.


Basic Energy Services Scaled Net Operating Assets Related Terms

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Basic Energy Services (Basic Energy Services) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
801 Cherry Street, Suite 2100, Fort Worth, TX, USA, 76102
Basic Energy Services Inc is a provider of well-site services to oil and natural gas drilling and producing companies. Its operating segments are Completion and Remedial Services, Well Servicing, and Water Logistics. The company generates maximum revenue from Well Servicing segment. Its Well Servicing segment performs a full range of services with a mobile well servicing rig, or workover rig, and ancillary equipment.
Executives
Reeb Robert J. Iii officer: VP and General Counsel 801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102
Michael S Henry officer: See Remarks 801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102
Pedro R. Buhigas officer: See Remarks 801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102
Brandon B. Mcguire officer: SVP, Central Region 801 CHERRY STREET SUITE 2100 FORT WORTH TX 76102
Ross Solomon director 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Derek Jeong director 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Sterling Renshaw officer: SVP, Western Region 3990 ROGERDALE RD., HOUSTON TX 77042
Lawrence A. First director C/O ASCRIBE CAPITAL 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171
Ascribe Iii Investments Llc 10 percent owner 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Ascribe Capital Llc 10 percent owner 590 MADISON AVENUE 38TH FLOOR NEW YORK NY 10022
American Securities Llc 10 percent owner 590 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Keith L Schilling director, officer: See Remarks 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
David Scott Schorlemer officer: See Remarks 16225 PARK TEN PLACE, SUITE 280, HOUSTON TX 77084
Richard Scott Wegner officer: See Remarks 801 CHERRY STREET, SUITE 2100, UNIT #21 FORT WORTH TX 76102
Adam Logan Hurley officer: See Remarks 801 CHERRY STREET, SUITE 2100, UNIT #21 FORT WORTH TX 76102

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