CTBG (Coil Tubing Technology) Scaled Net Operating Assets: 0.79 (As of Sep. 2015)


What is Coil Tubing Technology Scaled Net Operating Assets?

Coil Tubing Technology CTBG Scaled Net Operating Assets is 0.79 as of Sep. 2015.

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

Coil Tubing Technology's operating assets for the quarter that ended in Sep. 2015 was $9.14 Mil. Coil Tubing Technology's operating liabilities for the quarter that ended in Sep. 2015 was $0.35 Mil. Coil Tubing Technology's Total Assets for the quarter that ended in Jun. 2015 was $11.10 Mil. Therefore, Coil Tubing Technology's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2015 was 0.79.

Coil Tubing Technology Scaled Net Operating Assets Historical Data

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The historical data trend for Coil Tubing Technology'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.

Coil Tubing Technology Scaled Net Operating Assets Chart

Coil Tubing Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Scaled Net Operating Assets
0.69 0.89 0.85 1.22

Coil Tubing Technology Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.79 1.22 0.86 0.84 0.79

CTBG vs ESES, BMMCF, FLSS: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Coil Tubing Technology'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.

Coil Tubing Technology Scaled Net Operating Assets vs Oil & Gas Industry

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

* The bar in red indicates where Coil Tubing Technology's Scaled Net Operating Assets falls into.


Coil Tubing Technology 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.

Coil Tubing Technology's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2014 )
=(Operating Assets (A: Dec. 2014 )-Operating Liabilities (A: Dec. 2014 ))/Total Assets (A: Dec. 2013 )
=(10.798-0.578)/8.376
=1.22

where

Operating Assets(A: Dec. 2014 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.078 - 1.28
=10.798

Operating Liabilities(A: Dec. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.391 - 4.623 - 0.19
=0.578

Coil Tubing Technology's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2015 )
=(Operating Assets (Q: Sep. 2015 )-Operating Liabilities (Q: Sep. 2015 ))/Total Assets (Q: Jun. 2015 )
=(9.135-0.353)/11.102
=0.79

where

Operating Assets(Q: Sep. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.811 - 0.676
=9.135

Operating Liabilities(Q: Sep. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.745 - 5.261 - 0.131
=0.353

* 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 0.79 mean?
Coil Tubing Technology (CTBG) has a Scaled Net Operating Assets of 0.79 as of Sep. 2015. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Coil Tubing Technology and its competitors.
Is Coil Tubing Technology's Scaled Net Operating Assets too high?
Coil Tubing Technology's current Scaled Net Operating Assets is 0.79.
How does Coil Tubing Technology's Scaled Net Operating Assets compare to ESES and BMMCF?
Coil Tubing Technology's Scaled Net Operating Assets of 0.79 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Coil Tubing Technology and its competitors. Coil Tubing Technology's current Scaled Net Operating Assets is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coil Tubing Technology stock overvalued right now?
Coil Tubing Technology (CTBG) has a current Scaled Net Operating Assets of 0.79. The current Scaled Net Operating Assets is 0.79. 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 Coil Tubing Technology (CTBG), the current Scaled Net Operating Assets is 0.79 as of Sep. 2015. 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.

Coil Tubing Technology Business Description

Industry EnergyOil & Gas
Address 11237 Crown Park Drive, Suite D, Houston, TX, USA, 77067
Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.