Max Petroleum (LSE:MXP) Scaled Net Operating Assets: 0.76 (As of Sep. 2014)


What is Max Petroleum Scaled Net Operating Assets?

Max Petroleum LSE:MXP Scaled Net Operating Assets is 0.76 as of Sep. 2014. The stock has 6 warning signs investors should review.

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

Max Petroleum's operating assets for the quarter that ended in Sep. 2014 was £162.88 Mil. Max Petroleum's operating liabilities for the quarter that ended in Sep. 2014 was £37.70 Mil. Max Petroleum's Total Assets for the quarter that ended in Mar. 2014 was £163.65 Mil. Therefore, Max Petroleum's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2014 was 0.76.

Max Petroleum Scaled Net Operating Assets Historical Data

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The historical data trend for Max Petroleum'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.

Max Petroleum Scaled Net Operating Assets Chart

Max Petroleum Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.52 0.85 1.08 0.97 0.64

Max Petroleum Semi-Annual Data
Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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 0.85 0.92 0.86 0.62 0.77

Max Petroleum Scaled Net Operating Assets Competitor Comparison

For the Oil & Gas E&P subindustry, Max Petroleum'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.

Max Petroleum Scaled Net Operating Assets vs Oil & Gas Industry

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

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


Max Petroleum 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.

Max Petroleum's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2014 )
=(Operating Assets (A: Mar. 2014 )-Operating Liabilities (A: Mar. 2014 ))/Total Assets (A: Mar. 2013 )
=(163.337-34.436)/201.033
=0.64

where

Operating Assets(A: Mar. 2014 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=163.654 - 0.317
=163.337

Operating Liabilities(A: Mar. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=86.985 - 0 - 52.549
=34.436

Max Petroleum's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2014 )
=(Operating Assets (Q: Sep. 2014 )-Operating Liabilities (Q: Sep. 2014 ))/Total Assets (Q: Mar. 2014 )
=(162.876-37.699)/163.654
=0.76

where

Operating Assets(Q: Sep. 2014 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=165.139 - 2.263
=162.876

Operating Liabilities(Q: Sep. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=88.226 - 36.577 - 13.95
=37.699

* 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 0.76 mean?
Max Petroleum (LSE:MXP) has a Scaled Net Operating Assets of 0.76 as of Sep. 2014. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Max Petroleum and its competitors.
Is Max Petroleum's Scaled Net Operating Assets too high?
Max Petroleum's current Scaled Net Operating Assets is 0.76.
How does Max Petroleum's Scaled Net Operating Assets compare to competitors?
Max Petroleum's Scaled Net Operating Assets of 0.76 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 Max Petroleum and its competitors. Max Petroleum's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Petroleum stock overvalued right now?
Max Petroleum (LSE:MXP) has a current Scaled Net Operating Assets of 0.76. The current Scaled Net Operating Assets is 0.76. 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 Max Petroleum (LSE:MXP), the current Scaled Net Operating Assets is 0.76 as of Sep. 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.

Max Petroleum Business Description

Industry EnergyOil & Gas
Address 4th Floor, Ergon House, Dean Bradley Street, London, GBR, SW1P 2AL
Max Petroleum Plc is an independent oil and gas exploration and production company. The company is engaged in the business of exploration, development, and production of oil and gas assets within the Republic of Kazakhstan. The group owns the exploration and production rights to the Blocks A&E License, which comprises two onshore blocks extending over 12,455 km2 in the Pre-Caspian Basin in Western Kazakhstan.