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MXC (Mexco Energy) Scaled Net Operating Assets : 0.83 (As of Sep. 2024)


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What is Mexco Energy Scaled Net Operating Assets?

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

Mexco Energy's operating assets for the quarter that ended in Sep. 2024 was $17.75 Mil. Mexco Energy's operating liabilities for the quarter that ended in Sep. 2024 was $1.67 Mil. Mexco Energy's Total Assets for the quarter that ended in Jun. 2024 was $19.35 Mil. Therefore, Mexco Energy's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.83.


Mexco Energy Scaled Net Operating Assets Historical Data

The historical data trend for Mexco 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.

* Premium members only.

Mexco Energy Scaled Net Operating Assets Chart

Mexco Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.99 1.01 1.10 0.85

Mexco Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.80 0.76 0.81 0.80 0.83

Competitive Comparison of Mexco Energy's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Mexco 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.


Mexco Energy's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

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



Mexco Energy 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.

Mexco Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(16.586-1.412)/17.82
=0.85

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19.059 - 2.473
=16.586

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.431 - 0 - 0.019
=1.412

Mexco Energy'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: Jun. 2024 )
=(17.748-1.669)/19.354
=0.83

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19.326 - 1.578
=17.748

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.82 - 0.102 - 0.049
=1.669

* 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.


Mexco Energy Scaled Net Operating Assets Related Terms

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Mexco Energy Business Description

Industry
Traded in Other Exchanges
N/A
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.
Executives
Tammy Mccomic officer: Vice President and Treasurer 4417 W. STOREY, MIDLAND TX 79703
Stacy D. Hardin officer: SECRETARY 2604 CIMMARON AVENUE, MIDLAND TX 79705
Thomas H Decker director 271 HARBOR ROAD, RYE NH 03870
Donna Gail Yanko director, officer: Vice President and Secretary
Tom Craddick director 500 WEST TEXAS, SUITE 880, MIDLAND TX 79701
Michael J Banschbach director 505 N. BIG SPRING, SUITE 504, MIDLAND TX 79701
Kenneth L. Clayton director 12,335 BROKEN BOUGH DRIVE, HOUSTON TX 77024
Nicholas C Taylor director, 10 percent owner, officer: President 1203 COUNTRY CLUB DRIVE, MIDLAND TX 79701
Christopher M Schroeder director 5627 POTOMAC AVENUE NW, WASHINGTON DC 20016
Jack D Ladd director PO BOX 1540, MIDLAND TX 79702
Cox Howard E Jr 10 percent owner 880 WINTER ST 3RD FLOOR, WALTHAM MA 02451
Thomas Jr Graham director, other: Chairman of the Board C/O LIGHTBRIDGE CORPORATION, 11710 PLAZA AMERICA DRIVE, SUITE 2000, RESTON VA 20190
Paul G Hines director 17 TRACHELLE LANE, CHARLESTON SC 29407
Jeffry A Smith director P O BOX 1374, MIDLAND TX 79702
Arden R Grover director