LOGL (Legend Oil & Gas) Scaled Net Operating Assets: 0.52 (As of Dec. 2016)


What is Legend Oil & Gas Scaled Net Operating Assets?

Legend Oil & Gas LOGL -90.00% Scaled Net Operating Assets is 0.52 as of Dec. 2016.

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

Legend Oil & Gas's operating assets for the quarter that ended in Dec. 2016 was $3.56 Mil. Legend Oil & Gas's operating liabilities for the quarter that ended in Dec. 2016 was $1.08 Mil. Legend Oil & Gas's Total Assets for the quarter that ended in Sep. 2016 was $4.75 Mil. Therefore, Legend Oil & Gas's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2016 was 0.52.

Legend Oil & Gas Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Legend 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.

Legend Oil & Gas Scaled Net Operating Assets Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.13 -0.16 0.53 0.66 0.50

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.46 0.73 0.79 0.55 0.52

LOGL vs ARSLF, PTRDF, DBRM: Scaled Net Operating Assets Comparison

For the Oil & Gas Midstream subindustry, Legend 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.

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

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

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


Legend 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.

Legend Oil & Gas's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2016 )
=(Operating Assets (A: Dec. 2016 )-Operating Liabilities (A: Dec. 2016 ))/Total Assets (A: Dec. 2015 )
=(3.562-1.077)/4.995
=0.50

where

Operating Assets(A: Dec. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.723 - 0.161
=3.562

Operating Liabilities(A: Dec. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.156 - 8.384 - 0.695
=1.077

Legend Oil & Gas's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2016 )
=(Operating Assets (Q: Dec. 2016 )-Operating Liabilities (Q: Dec. 2016 ))/Total Assets (Q: Sep. 2016 )
=(3.562-1.077)/4.751
=0.52

where

Operating Assets(Q: Dec. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.723 - 0.161
=3.562

Operating Liabilities(Q: Dec. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.156 - 8.384 - 0.695
=1.077

* 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 0.52 mean?
Legend Oil & Gas (LOGL) has a Scaled Net Operating Assets of 0.52 as of Dec. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Scaled Net Operating Assets too high?
Legend Oil & Gas' current Scaled Net Operating Assets is 0.52.
How does Legend Oil & Gas' Scaled Net Operating Assets compare to ARSLF and PTRDF?
Legend Oil & Gas' Scaled Net Operating Assets of 0.52 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 Legend Oil & Gas and its competitors. Legend Oil & Gas's current Scaled Net Operating Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Scaled Net Operating Assets of 0.52. The current Scaled Net Operating Assets is 0.52. 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 Legend Oil & Gas (LOGL), the current Scaled Net Operating Assets is 0.52 as of Dec. 2016. 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.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.