RISE (Rise Oil & Gas) Scaled Net Operating Assets: 0.40 (As of Sep. 2023)


What is Rise Oil & Gas Scaled Net Operating Assets?

Rise Oil & Gas RISE Scaled Net Operating Assets is 0.40 as of Sep. 2023.

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

Rise Oil & Gas's operating assets for the quarter that ended in Sep. 2023 was $4.94 Mil. Rise Oil & Gas's operating liabilities for the quarter that ended in Sep. 2023 was $2.47 Mil. Rise Oil & Gas's Total Assets for the quarter that ended in Jun. 2023 was $6.18 Mil. Therefore, Rise Oil & Gas's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.40.

Rise Oil & Gas Scaled Net Operating Assets Historical Data

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The historical data trend for Rise Oil & Gas'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.

Rise Oil & Gas Scaled Net Operating Assets Chart

Rise Oil & Gas Annual Data
Trend Dec21 Dec22
Scaled Net Operating Assets
-0.74 18.64

Rise Oil & Gas Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.36 0.29 0.52 0.40

RISE vs : Scaled Net Operating Assets Comparison

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

Rise Oil & Gas Scaled Net Operating Assets vs Oil & Gas Industry

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

* The bar in red indicates where Rise Oil & Gas's Scaled Net Operating Assets falls into.


Rise Oil & Gas 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.

Rise Oil & Gas's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(2.447-0.751)/0.091
=18.64

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.084 - 2.637
=2.447

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.751 - 0 - 0
=0.751

Rise Oil & Gas's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(4.942-2.466)/6.181
=0.40

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.093 - 1.151
=4.942

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.466 - 0 - 0
=2.466

* 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 0.40 mean?
Rise Oil & Gas (RISE) has a Scaled Net Operating Assets of 0.40 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rise Oil & Gas and its competitors.
Is Rise Oil & Gas' Scaled Net Operating Assets too high?
Rise Oil & Gas' current Scaled Net Operating Assets is 0.40.
How does Rise Oil & Gas' Scaled Net Operating Assets compare to ?
Rise Oil & Gas' Scaled Net Operating Assets of 0.40 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 Rise Oil & Gas and its competitors. Rise Oil & Gas's current Scaled Net Operating Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rise Oil & Gas stock overvalued right now?
Rise Oil & Gas (RISE) has a current Scaled Net Operating Assets of 0.40. The current Scaled Net Operating Assets is 0.40. 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 Rise Oil & Gas (RISE), the current Scaled Net Operating Assets is 0.40 as of Sep. 2023. 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.

Rise Oil & Gas Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759
Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.