LNGNF (LNG Energy Group) Scaled Net Operating Assets: 0.38 (As of Sep. 2024)


What is LNG Energy Group Scaled Net Operating Assets?

LNG Energy Group LNGNF -99.99% Scaled Net Operating Assets is 0.38 as of Sep. 2024.

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

LNG Energy Group's operating assets for the quarter that ended in Sep. 2024 was $199.76 Mil. LNG Energy Group's operating liabilities for the quarter that ended in Sep. 2024 was $117.64 Mil. LNG Energy Group's Total Assets for the quarter that ended in Mar. 2024 was $213.82 Mil. Therefore, LNG Energy Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.38.

LNG Energy Group Scaled Net Operating Assets Historical Data

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The historical data trend for LNG Energy Group'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.

LNG Energy Group Scaled Net Operating Assets Chart

LNG Energy Group Annual Data
Trend May22 May23
Scaled Net Operating Assets
-0.18 0.07

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial 0.66 0.00 0.00 0.41 0.38

LNGNF vs ALTX, CRCE, FECOF: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, LNG Energy Group'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.

LNG Energy Group Scaled Net Operating Assets vs Oil & Gas Industry

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

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


LNG Energy Group 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.

LNG Energy Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2023 )
=(Operating Assets (A: May. 2023 )-Operating Liabilities (A: May. 2023 ))/Total Assets (A: May. 2022 )
=(0.682-0.188)/7.104
=0.07

where

Operating Assets(A: May. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.582 - 4.9
=0.682

Operating Liabilities(A: May. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.188 - 0 - 0
=0.188

LNG Energy Group'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: Mar. 2024 )
=(199.763-117.641)/213.823
=0.38

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=203.26 - 3.497
=199.763

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=172.666 - 37.193 - 17.832
=117.641

* 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 0.38 mean?
LNG Energy Group (LNGNF) has a Scaled Net Operating Assets of 0.38 as of Sep. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on LNG Energy Group and its competitors.
Is LNG Energy Group's Scaled Net Operating Assets too high?
LNG Energy Group's current Scaled Net Operating Assets is 0.38.
How does LNG Energy Group's Scaled Net Operating Assets compare to ALTX and CRCE?
LNG Energy Group's Scaled Net Operating Assets of 0.38 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 LNG Energy Group and its competitors. LNG Energy Group's current Scaled Net Operating Assets is 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (LNGNF) has a current Scaled Net Operating Assets of 0.38. The current Scaled Net Operating Assets is 0.38. 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 LNG Energy Group (LNGNF), the current Scaled Net Operating Assets is 0.38 as of Sep. 2024. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.