TXLZF (Tesla Exploration) Scaled Net Operating Assets: 0.42 (As of Mar. 2016)


What is Tesla Exploration Scaled Net Operating Assets?

Tesla Exploration TXLZF -90.00% Scaled Net Operating Assets is 0.42 as of Mar. 2016.

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

Tesla Exploration's operating assets for the quarter that ended in Mar. 2016 was $43.79 Mil. Tesla Exploration's operating liabilities for the quarter that ended in Mar. 2016 was $18.72 Mil. Tesla Exploration's Total Assets for the quarter that ended in Dec. 2015 was $59.19 Mil. Therefore, Tesla Exploration's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2016 was 0.42.


Tesla Exploration Scaled Net Operating Assets Historical Data

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The historical data trend for Tesla Exploration'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.

Tesla Exploration Scaled Net Operating Assets Chart

Tesla Exploration Annual Data
Trend Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.67 0.69 0.64 0.40

Tesla Exploration Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.77 0.74 0.60 0.61 0.42

TXLZF vs SES, DPDW, BAS: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, Tesla Exploration'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.


Tesla Exploration Scaled Net Operating Assets vs Oil & Gas Industry

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

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



Tesla Exploration 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.

Tesla Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2015 )
=(Operating Assets (A: Dec. 2015 )-Operating Liabilities (A: Dec. 2015 ))/Total Assets (A: Dec. 2014 )
=(57.471-17.35)/101.56
=0.40

where

Operating Assets(A: Dec. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=59.192 - 1.721
=57.471

Operating Liabilities(A: Dec. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=51.027 - 3.408 - 30.269
=17.35

Tesla Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2016 )
=(Operating Assets (Q: Mar. 2016 )-Operating Liabilities (Q: Mar. 2016 ))/Total Assets (Q: Dec. 2015 )
=(43.79-18.72)/59.192
=0.42

where

Operating Assets(Q: Mar. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=45.194 - 1.404
=43.79

Operating Liabilities(Q: Mar. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55.962 - 2.225 - 35.017
=18.72

* 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 0.42 mean?
Tesla Exploration (TXLZF) has a Scaled Net Operating Assets of 0.42 as of Mar. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tesla Exploration and its competitors.
Is Tesla Exploration's Scaled Net Operating Assets too high?
Tesla Exploration's current Scaled Net Operating Assets is 0.42.
How does Tesla Exploration's Scaled Net Operating Assets compare to SES and DPDW?
Tesla Exploration's Scaled Net Operating Assets of 0.42 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 Tesla Exploration and its competitors. Tesla Exploration's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla Exploration stock overvalued right now?
Tesla Exploration (TXLZF) has a current Scaled Net Operating Assets of 0.42. The current Scaled Net Operating Assets is 0.42. 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 Tesla Exploration (TXLZF), the current Scaled Net Operating Assets is 0.42 as of Mar. 2016. 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.

Tesla Exploration Business Description

Industry EnergyOil & Gas
Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7
Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.