Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mirage EnergyMRGE Scaled Net Operating Assets is -114.58 as of Jul. 2021.
Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Mirage Energy's operating assets for the quarter that ended in Jul. 2021 was $0.06 Mil. Mirage Energy's operating liabilities for the quarter that ended in Jul. 2021 was $2.81 Mil. Mirage Energy's Total Assets for the quarter that ended in Apr. 2021 was $0.02 Mil. Therefore, Mirage Energy's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2021 was -114.58.
Mirage Energy Scaled Net Operating Assets Related Terms
Mirage Energy Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Mirage Energy'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.
MRGE vs EPD, WMB, KMI: Scaled Net Operating Assets Comparison
For the Oil & Gas Midstream subindustry, Mirage Energy'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.
Mirage Energy Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mirage Energy's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Mirage Energy's Scaled Net Operating Assets falls into.
* 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 -114.58 mean?
Mirage Energy (MRGE) has a Scaled Net Operating Assets of -114.58 as of Jul. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Mirage Energy and its competitors.
Is Mirage Energy's Scaled Net Operating Assets too high?
Mirage Energy's current Scaled Net Operating Assets is -114.58.
How does Mirage Energy's Scaled Net Operating Assets compare to EPD and WMB?
Mirage Energy's Scaled Net Operating Assets of -114.58 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 Mirage Energy and its competitors. Mirage Energy's current Scaled Net Operating Assets is -114.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirage Energy stock overvalued right now?
Mirage Energy (MRGE) has a current Scaled Net Operating Assets of -114.58. The current Scaled Net Operating Assets is -114.58. 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 Mirage Energy (MRGE), the current Scaled Net Operating Assets is -114.58 as of Jul. 2021. 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.
Mirage Energy Corp develops an integrated natural gas transportation and storage facility in Mexico and the United States. The natural gas will be exported from the United States by pipeline to the Mexican storage unit for later distribution throughout Mexico.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MRGE has been successfully added to your 
