GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texas Pacific Land Corp (FRA:9WY) » Definitions » Scaled Net Operating Assets

Texas Pacific Land (FRA:9WY) Scaled Net Operating Assets : 0.38 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Texas Pacific Land 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.

Texas Pacific Land's operating assets for the quarter that ended in Sep. 2024 was €578.1 Mil. Texas Pacific Land's operating liabilities for the quarter that ended in Sep. 2024 was €111.2 Mil. Texas Pacific Land's Total Assets for the quarter that ended in Jun. 2024 was €1,222.4 Mil. Therefore, Texas Pacific Land's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.38.


Texas Pacific Land Scaled Net Operating Assets Historical Data

The historical data trend for Texas Pacific Land'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.

Texas Pacific Land Scaled Net Operating Assets Chart

Texas Pacific Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.32 0.42 0.37 0.35

Texas Pacific Land Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.32 0.29 0.25 0.25 0.38

Competitive Comparison of Texas Pacific Land's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Texas Pacific Land'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.


Texas Pacific Land's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Texas Pacific Land's Scaled Net Operating Assets falls into.



Texas Pacific Land 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.

Texas Pacific Land's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(395.437-102.733)/828.291
=0.35

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1060.417 - 664.98
=395.437

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=103.806 - 1.073 - 0
=102.733

Texas Pacific Land's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(578.131-111.217)/1222.37
=0.38

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1059.188 - 481.057
=578.131

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=111.217 - 0 - 0
=111.217

* 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.


Texas Pacific Land Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Texas Pacific Land's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Pacific Land Business Description

Industry
Traded in Other Exchanges
Address
1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres of land. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.

Texas Pacific Land Headlines

No Headlines