Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Rubellite Energy's operating assets for the quarter that ended in Mar. 2026 was C$597.2 Mil. Rubellite Energy's operating liabilities for the quarter that ended in Mar. 2026 was C$144.0 Mil. Rubellite Energy's Total Assets for the quarter that ended in Dec. 2025 was C$578.5 Mil. Therefore, Rubellite Energy's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.
Rubellite Energy Scaled Net Operating Assets Related Terms
Rubellite Energy Scaled Net Operating Assets Historical Data
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The historical data trend for Rubellite 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.
Rubellite Energy Scaled Net Operating Assets Chart
TSX:RBY vs COP, EOG, FANG: Scaled Net Operating Assets Comparison
For the Oil & Gas E&P subindustry, Rubellite 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.
Rubellite Energy Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Rubellite Energy's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Rubellite Energy'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 0.78 mean?
Rubellite Energy (TSX:RBY) has a Scaled Net Operating Assets of 0.78 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 Rubellite Energy and its competitors.
Is Rubellite Energy's Scaled Net Operating Assets too high?
Rubellite Energy's current Scaled Net Operating Assets is 0.78. Overall, Rubellite Energy has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rubellite Energy's Scaled Net Operating Assets compare to COP and EOG?
Rubellite Energy's Scaled Net Operating Assets of 0.78 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 Rubellite Energy and its competitors. Rubellite Energy's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rubellite Energy stock overvalued right now?
Based on GuruFocus' analysis, Rubellite Energy (TSX:RBY) is currently considered Fairly Valued. The stock's GF Value™ is C$3.24, compared to a current price of C$3.35 — trading 3.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.78. Rubellite Energy's overall GF Score™ is 57/100 with 4 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 Rubellite Energy (TSX:RBY), the current Scaled Net Operating Assets is 0.78 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.
Is Rubellite Energy (TSX:RBY) Overvalued in 2026?
Based on GuruFocus' analysis, Rubellite Energy stock appears to be overvalued.
The current stock price of C$3.35 is trading 3.4% above its estimated GF Value™ of C$3.24.
GuruFocus considers Rubellite Energy to be Fairly Valued.
Key valuation signals for TSX:RBY:
Scaled Net Operating Assets: 0.78
GF Value™: C$3.24 vs. price of C$3.35 (3.4% above fair value)
No single metric tells the full story. See the TSX:RBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rubellite Energy Corp is an oil and natural gas exploration and production company. The company is focused on Clearwater oil exploration and development, utilizing multi-lateral horizontal drilling technology. The company is also engaged in the production of conventional heavy crude oil from the Clearwater Formation in Eastern Alberta. The Clearwater is a high-rate-of-return play with compelling economics at current forward market prices for Western Canadian Select crude oil.
57GF Score
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