HLLXF (Hellix Ventures) Scaled Net Operating Assets: 0.08 (As of Apr. 2014)


What is Hellix Ventures Scaled Net Operating Assets?

Hellix Ventures HLLXF -99.00% Scaled Net Operating Assets is 0.08 as of Apr. 2014.

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

Hellix Ventures's operating assets for the quarter that ended in Apr. 2014 was $0.61 Mil. Hellix Ventures's operating liabilities for the quarter that ended in Apr. 2014 was $0.44 Mil. Hellix Ventures's Total Assets for the quarter that ended in Jan. 2014 was $2.21 Mil. Therefore, Hellix Ventures's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2014 was 0.08.

Hellix Ventures Scaled Net Operating Assets Historical Data

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The historical data trend for Hellix Ventures'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.

Hellix Ventures Scaled Net Operating Assets Chart

Hellix Ventures Annual Data
Trend Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 1.71 0.74 -0.38 -0.07

Hellix Ventures Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
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 0.36 -0.05 -0.13 -0.03 0.08

HLLXF vs EXNT, SNECQ: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, Hellix Ventures'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.

Hellix Ventures Scaled Net Operating Assets vs Oil & Gas Industry

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

* The bar in red indicates where Hellix Ventures's Scaled Net Operating Assets falls into.


Hellix Ventures 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.

Hellix Ventures's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2013 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2013 )
=(Operating Assets (A: Jul. 2013 )-Operating Liabilities (A: Jul. 2013 ))/Total Assets (A: Jul. 2012 )
=(0.134-0.396)/4.019
=-0.07

where

Operating Assets(A: Jul. 2013 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.5 - 2.366
=0.134

Operating Liabilities(A: Jul. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.396 - 0 - 0
=0.396

Hellix Ventures's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2014 )
=(Operating Assets (Q: Apr. 2014 )-Operating Liabilities (Q: Apr. 2014 ))/Total Assets (Q: Jan. 2014 )
=(0.611-0.436)/2.21
=0.08

where

Operating Assets(Q: Apr. 2014 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.72 - 1.109
=0.611

Operating Liabilities(Q: Apr. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.436 - 0 - 0
=0.436

* 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 0.08 mean?
Hellix Ventures (HLLXF) has a Scaled Net Operating Assets of 0.08 as of Apr. 2014. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Hellix Ventures and its competitors.
Is Hellix Ventures' Scaled Net Operating Assets too high?
Hellix Ventures' current Scaled Net Operating Assets is 0.08.
How does Hellix Ventures' Scaled Net Operating Assets compare to EXNT and SNECQ?
Hellix Ventures' Scaled Net Operating Assets of 0.08 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 Hellix Ventures and its competitors. Hellix Ventures's current Scaled Net Operating Assets is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hellix Ventures stock overvalued right now?
Hellix Ventures (HLLXF) has a current Scaled Net Operating Assets of 0.08. The current Scaled Net Operating Assets is 0.08. 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 Hellix Ventures (HLLXF), the current Scaled Net Operating Assets is 0.08 as of Apr. 2014. 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.

Hellix Ventures Business Description

Industry EnergyOil & Gas
Address 1030 Denman Street, Suite 125A, Vancouver, BC, CAN, V6G 2M6
Hellix Ventures Inc is a Canada-based natural resource company. The company is engaged in the identification, acquisition, exploration and development of resource properties. Its operating segments include oil and gas operation and mineral property exploration.