TXO (LSE:TXO) Scaled Net Operating Assets: 1.21 (As of Mar. 2014)


What is TXO Scaled Net Operating Assets?

TXO LSE:TXO Scaled Net Operating Assets is 1.21 as of Mar. 2014.

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

TXO's operating assets for the quarter that ended in Mar. 2014 was £2.88 Mil. TXO's operating liabilities for the quarter that ended in Mar. 2014 was £0.18 Mil. TXO's Total Assets for the quarter that ended in Sep. 2013 was £2.23 Mil. Therefore, TXO's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2014 was 1.21.

TXO Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for TXO'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.

TXO Scaled Net Operating Assets Chart

TXO Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Sep10 Sep11 Sep12 Sep13
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.10 0.07 1.84 0.73

TXO Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
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 0.52 1.15 0.90 0.48 1.21

TXO Scaled Net Operating Assets Competitor Comparison

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

TXO Scaled Net Operating Assets vs Oil & Gas Industry

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

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


TXO 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.

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

Scaled Net Operating Assets (SNOA)(A: Sep. 2013 )
=(Operating Assets (A: Sep. 2013 )-Operating Liabilities (A: Sep. 2013 ))/Total Assets (A: Sep. 2012 )
=(2.065-0.197)/2.546
=0.73

where

Operating Assets(A: Sep. 2013 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.225 - 0.16
=2.065

Operating Liabilities(A: Sep. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.088 - 0.601 - 0.29
=0.197

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

Scaled Net Operating Assets (SNOA)(Q: Mar. 2014 )
=(Operating Assets (Q: Mar. 2014 )-Operating Liabilities (Q: Mar. 2014 ))/Total Assets (Q: Sep. 2013 )
=(2.878-0.184)/2.225
=1.21

where

Operating Assets(Q: Mar. 2014 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.151 - 0.273
=2.878

Operating Liabilities(Q: Mar. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.137 - 0.471 - 0.482
=0.184

* 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 1.21 mean?
TXO (LSE:TXO) has a Scaled Net Operating Assets of 1.21 as of Mar. 2014. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TXO and its competitors.
Is TXO's Scaled Net Operating Assets too high?
TXO's current Scaled Net Operating Assets is 1.21.
How does TXO's Scaled Net Operating Assets compare to competitors?
TXO's Scaled Net Operating Assets of 1.21 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 TXO and its competitors. TXO's current Scaled Net Operating Assets is 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXO stock overvalued right now?
TXO (LSE:TXO) has a current Scaled Net Operating Assets of 1.21. The current Scaled Net Operating Assets is 1.21. 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 TXO (LSE:TXO), the current Scaled Net Operating Assets is 1.21 as of Mar. 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.

TXO Business Description

Industry EnergyOil & Gas
TXO PLC is a public company, incorporated on June 26, 1989. The Company is engaged in holding investments operating in the oil and gas sector. The Company's operations are subject to laws and regulations relating to the protection of human health and safety and the environment.