Parker Drilling Co (Parker Drilling Co) Scaled Net Operating Assets : 0.65 (As of Dec. 2019)

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What is Parker Drilling Co 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.

Parker Drilling Co's operating assets for the quarter that ended in Dec. 2019 was $577.9 Mil. Parker Drilling Co's operating liabilities for the quarter that ended in Dec. 2019 was $141.1 Mil. Parker Drilling Co's Total Assets for the quarter that ended in Sep. 2019 was $667.7 Mil. Therefore, Parker Drilling Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2019 was 0.65.

Parker Drilling Co Scaled Net Operating Assets Historical Data

The historical data trend for Parker Drilling Co'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.

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Parker Drilling Co Scaled Net Operating Assets Chart

Parker Drilling Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Scaled Net Operating Assets

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0.66

0.58

0.66

0.09

0.53

Parker Drilling Co Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.10	-	-	0.61	0.65

Competitive Comparison of Parker Drilling Co's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Parker Drilling Co'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.

Parker Drilling Co's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

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

Parker Drilling Co 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.

Parker Drilling Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2019 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2019 )
=	(Operating Assets (A: Dec. 2019 )	-	Operating Liabilities (A: Dec. 2019 ))	/	Total Assets (A: Dec. 2018 )
=	(577.897	-	141.064)	/	828.414
=	0.53

where

	Operating Assets		(A: Dec. 2019 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	682.848	-	104.951
=	577.897

	Operating Liabilities		(A: Dec. 2019 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	328.947	-	177.937	-	9.946
=	141.064

Parker Drilling Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2019 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2019 )
=	(Operating Assets (Q: Dec. 2019 )	-	Operating Liabilities (Q: Dec. 2019 ))	/	Total Assets (Q: Sep. 2019 )
=	(577.897	-	141.064)	/	667.657
=	0.65

where

	Operating Assets		(Q: Dec. 2019 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	682.848	-	104.951
=	577.897

	Operating Liabilities		(Q: Dec. 2019 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	328.947	-	177.937	-	9.946
=	141.064

Parker Drilling Co Scaled Net Operating Assets Related Terms

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Parker Drilling Co (Parker Drilling Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parker Drilling Co (OTCPK:PKDC) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Greenway Plaza, Suite 100, Houston, TX, USA, 77046

Website

https://www.parkerdrilling.com

Parker Drilling Co is a provider of contract drilling and drilling-related services as well as rental tools and services. It reports its Drilling Services business into two segments namely U.S. (Lower 48) Drilling and International & Alaska Drilling. For Rental Tools Services business reports two segments namely U.S. Rental Tools and International Rental Tools. In the Drilling Services business, the company drill oil, natural gas, and geothermal wells. In Rental business, it provides rental equipment and services to exploration & production companies, drilling contractors and service companies on land and offshore in the United States.