VCYE (Velocity Energy) Scaled Net Operating Assets: 0.61 (As of Jun. 2009)


What is Velocity Energy Scaled Net Operating Assets?

Velocity Energy VCYE Scaled Net Operating Assets is 0.61 as of Jun. 2009.

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

Velocity Energy's operating assets for the quarter that ended in Jun. 2009 was $8.23 Mil. Velocity Energy's operating liabilities for the quarter that ended in Jun. 2009 was $2.51 Mil. Velocity Energy's Total Assets for the quarter that ended in Mar. 2009 was $9.38 Mil. Therefore, Velocity Energy's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2009 was 0.61.

Velocity Energy Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Velocity 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.

Velocity Energy Scaled Net Operating Assets Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Scaled Net Operating Assets
-0.61 -0.70 17.20 0.91

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 0.68 0.76 1.68 0.57 0.61

VCYE vs TGC, EVEPQ, BBLS: Scaled Net Operating Assets Comparison

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

Velocity Energy Scaled Net Operating Assets vs Oil & Gas Industry

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

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


Velocity 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.

Velocity Energy's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2008 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2008 )
=(Operating Assets (A: Dec. 2008 )-Operating Liabilities (A: Dec. 2008 ))/Total Assets (A: Dec. 2007 )
=(12.271-1.894)/11.391
=0.91

where

Operating Assets(A: Dec. 2008 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.466 - 0.195
=12.271

Operating Liabilities(A: Dec. 2008 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.729 - 9.099 - 1.736
=1.894

Velocity Energy's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2009 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2009 )
=(Operating Assets (Q: Jun. 2009 )-Operating Liabilities (Q: Jun. 2009 ))/Total Assets (Q: Mar. 2009 )
=(8.229-2.513)/9.381
=0.61

where

Operating Assets(Q: Jun. 2009 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.272 - 0.043
=8.229

Operating Liabilities(Q: Jun. 2009 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14.148 - 0 - 11.635
=2.513

* 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 0.61 mean?
Velocity Energy (VCYE) has a Scaled Net Operating Assets of 0.61 as of Jun. 2009. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Velocity Energy and its competitors.
Is Velocity Energy's Scaled Net Operating Assets too high?
Velocity Energy's current Scaled Net Operating Assets is 0.61.
How does Velocity Energy's Scaled Net Operating Assets compare to TGC and EVEPQ?
Velocity Energy's Scaled Net Operating Assets of 0.61 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 Velocity Energy and its competitors. Velocity Energy's current Scaled Net Operating Assets is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velocity Energy stock overvalued right now?
Velocity Energy (VCYE) has a current Scaled Net Operating Assets of 0.61. The current Scaled Net Operating Assets is 0.61. 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 Velocity Energy (VCYE), the current Scaled Net Operating Assets is 0.61 as of Jun. 2009. 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.

Velocity Energy Business Description

Industry EnergyOil & Gas
Address 523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060
Velocity Energy Inc is an oil and gas exploration and production company. It is engaged in the acquisition, development, exploration and production of natural gas and oil.