Petroteq Energy (TSXV:PQE.H) Scaled Net Operating Assets: 0.86 (As of May. 2022)

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What is Petroteq Energy Scaled Net Operating Assets?

Petroteq Energy TSXV:PQE.H Scaled Net Operating Assets is 0.86 as of May. 2022.

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

Petroteq Energy's operating assets for the quarter that ended in May. 2022 was C$102.72 Mil. Petroteq Energy's operating liabilities for the quarter that ended in May. 2022 was C$12.00 Mil. Petroteq Energy's Total Assets for the quarter that ended in Feb. 2022 was C$105.76 Mil. Therefore, Petroteq Energy's scaled net operating assets (SNOA) for the quarter that ended in May. 2022 was 0.86.


Petroteq Energy Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Petroteq 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.

Petroteq Energy Scaled Net Operating Assets Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 1.16 1.70 0.88 0.94

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 0.82 0.95 0.89 0.93 0.86

TSXV:PQE.H vs MMEX, SPOWF, COP: Scaled Net Operating Assets Comparison

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


Petroteq Energy Scaled Net Operating Assets vs Oil & Gas Industry

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

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



Petroteq 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.

Petroteq Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2021 )
=(Operating Assets (A: Aug. 2021 )-Operating Liabilities (A: Aug. 2021 ))/Total Assets (A: Aug. 2020 )
=(100.82-9.753)/97.425
=0.93

where

Operating Assets(A: Aug. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=102.096 - 1.276
=100.82

Operating Liabilities(A: Aug. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18.75 - 1.823 - 7.174
=9.753

Petroteq Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2022 )
=(Operating Assets (Q: May. 2022 )-Operating Liabilities (Q: May. 2022 ))/Total Assets (Q: Feb. 2022 )
=(102.715-12.004)/105.756
=0.86

where

Operating Assets(Q: May. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=104.356 - 1.641
=102.715

Operating Liabilities(Q: May. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13.557 - 0.486 - 1.067
=12.004

* 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 0.86 mean?
Petroteq Energy (TSXV:PQE.H) has a Scaled Net Operating Assets of 0.86 as of May. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Petroteq Energy and its competitors.
Is Petroteq Energy's Scaled Net Operating Assets too high?
Petroteq Energy's current Scaled Net Operating Assets is 0.86.
How does Petroteq Energy's Scaled Net Operating Assets compare to MMEX and SPOWF?
Petroteq Energy's Scaled Net Operating Assets of 0.86 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 Petroteq Energy and its competitors. Petroteq Energy's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroteq Energy stock overvalued right now?
Petroteq Energy (TSXV:PQE.H) has a current Scaled Net Operating Assets of 0.86. The current Scaled Net Operating Assets is 0.86. 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 Petroteq Energy (TSXV:PQE.H), the current Scaled Net Operating Assets is 0.86 as of May. 2022. 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.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.