IXOG (Index Oil & Gas) Scaled Net Operating Assets: 0.74 (As of Mar. 2009)


What is Index Oil & Gas Scaled Net Operating Assets?

Index Oil & Gas IXOG -99.86% Scaled Net Operating Assets is 0.74 as of Mar. 2009.

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

Index Oil & Gas's operating assets for the quarter that ended in Mar. 2009 was $6.66 Mil. Index Oil & Gas's operating liabilities for the quarter that ended in Mar. 2009 was $1.12 Mil. Index Oil & Gas's Total Assets for the quarter that ended in Dec. 2008 was $7.49 Mil. Therefore, Index Oil & Gas's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2009 was 0.74.

Index Oil & Gas Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Index Oil & Gas'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.

Index Oil & Gas Scaled Net Operating Assets Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.98 0.96 0.64 0.83 0.34

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.89 0.78 0.63 0.54 0.74

IXOG vs FPPP, UNGS, GBEYF: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, Index Oil & Gas'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.

Index Oil & Gas Scaled Net Operating Assets vs Oil & Gas Industry

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

* The bar in red indicates where Index Oil & Gas's Scaled Net Operating Assets falls into.


Index Oil & Gas 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.

Index Oil & Gas's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2009 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2009 )
=(Operating Assets (A: Mar. 2009 )-Operating Liabilities (A: Mar. 2009 ))/Total Assets (A: Mar. 2008 )
=(6.658-1.12)/16.178
=0.34

where

Operating Assets(A: Mar. 2009 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.994 - 0.336
=6.658

Operating Liabilities(A: Mar. 2009 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.12 - 0 - 0
=1.12

Index Oil & Gas's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2009 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2009 )
=(Operating Assets (Q: Mar. 2009 )-Operating Liabilities (Q: Mar. 2009 ))/Total Assets (Q: Dec. 2008 )
=(6.658-1.12)/7.492
=0.74

where

Operating Assets(Q: Mar. 2009 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.994 - 0.336
=6.658

Operating Liabilities(Q: Mar. 2009 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.12 - 0 - 0
=1.12

* 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 0.74 mean?
Index Oil & Gas (IXOG) has a Scaled Net Operating Assets of 0.74 as of Mar. 2009. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Scaled Net Operating Assets too high?
Index Oil & Gas' current Scaled Net Operating Assets is 0.74.
How does Index Oil & Gas' Scaled Net Operating Assets compare to FPPP and UNGS?
Index Oil & Gas' Scaled Net Operating Assets of 0.74 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 Index Oil & Gas and its competitors. Index Oil & Gas's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Scaled Net Operating Assets of 0.74. The current Scaled Net Operating Assets is 0.74. 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 Index Oil & Gas (IXOG), the current Scaled Net Operating Assets is 0.74 as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.