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Journey Energy (TSX:JOY) Scaled Net Operating Assets : 0.62 (As of Sep. 2024)


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What is Journey 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.

Journey Energy's operating assets for the quarter that ended in Sep. 2024 was C$578.3 Mil. Journey Energy's operating liabilities for the quarter that ended in Sep. 2024 was C$208.9 Mil. Journey Energy's Total Assets for the quarter that ended in Jun. 2024 was C$598.7 Mil. Therefore, Journey Energy's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.62.


Journey Energy Scaled Net Operating Assets Historical Data

The historical data trend for Journey 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.

Journey Energy Scaled Net Operating Assets Chart

Journey Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.17 0.47 1.02 0.57

Journey 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 0.61 0.61 0.55 0.60 0.62

Competitive Comparison of Journey Energy's Scaled Net Operating Assets

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


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

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

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



Journey 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.

Journey Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(592.421-231.356)/639.195
=0.56

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=610.136 - 17.715
=592.421

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=293.722 - 11.559 - 50.807
=231.356

Journey 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 )
=(578.278-208.868)/598.747
=0.62

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=592.294 - 14.016
=578.278

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=270.289 - 35.631 - 25.79
=208.868

* 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.


Journey Energy Scaled Net Operating Assets Related Terms

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Journey Energy Business Description

Industry
Traded in Other Exchanges
Address
517 - 10th Avenue South West, Suite 700, Calgary, AB, CAN, T2R 0A8
Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company's principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.
Executives
Scott Antony Treadwell Director
Craig Henry Hansen Director
Gerald Gilewicz Senior Officer
Reginald Stevenson Smith Director
Aaron P Bell Senior Officer
Alexander G. Verge Director, Senior Officer
Jenna Kaye Director
Brett Boklaschuk Issuer
Tom Mullane Director
Jeffrey Keith Bowers Director

Journey Energy Headlines

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