Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Aradel Holdings's operating assets for the quarter that ended in Mar. 2026 was ₦7,530,173 Mil. Aradel Holdings's operating liabilities for the quarter that ended in Mar. 2026 was ₦5,319,440 Mil. Aradel Holdings's Total Assets for the quarter that ended in Dec. 2025 was ₦9,944,872 Mil. Therefore, Aradel Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.22.
Aradel Holdings Scaled Net Operating Assets Related Terms
Aradel Holdings Scaled Net Operating Assets Historical Data
* Premium members only.
The historical data trend for Aradel Holdings'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.
NSA:ARADEL vs XOM, CVX: Scaled Net Operating Assets Comparison
For the Oil & Gas Integrated subindustry, Aradel Holdings'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.
Aradel Holdings Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Aradel Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Aradel Holdings'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 0.22 mean?
Aradel Holdings (NSA:ARADEL) has a Scaled Net Operating Assets of 0.22 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Aradel Holdings and its competitors.
Is Aradel Holdings' Scaled Net Operating Assets too high?
Aradel Holdings' current Scaled Net Operating Assets is 0.22. Overall, Aradel Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Aradel Holdings' Scaled Net Operating Assets compare to XOM and CVX?
Aradel Holdings' Scaled Net Operating Assets of 0.22 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 Aradel Holdings and its competitors. Aradel Holdings's current Scaled Net Operating Assets is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aradel Holdings stock overvalued right now?
Aradel Holdings (NSA:ARADEL) has a current Scaled Net Operating Assets of 0.22. The current Scaled Net Operating Assets is 0.22. Aradel Holdings' overall GF Score™ is 16/100 with 7 warning signs to review. 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 Aradel Holdings (NSA:ARADEL), the current Scaled Net Operating Assets is 0.22 as of Mar. 2026. 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.
Aradel Holdings PLC is an indigenous energy company in Nigeria. It engaged in the upstream, midstream, and downstream value chain of the oil and gas industry. Its operations include Energy Transition and Renewable Energy. The group's assets are OML 54, OML 53, OML 34, and OPL 227. The group's operations cover four segments: Crude Oil, Gas, Refinery & Investment Properties. The maximum revenue is from Crude Oil.
16GF Score
Get the complete analysis for NSA:ARADEL
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSA:ARADEL has been successfully added to your 
