WBI (WaterBridge Infrastructure LLC) Scaled Net Operating Assets: 0.88 (As of Mar. 2026)


WBI WaterBridge Infrastructure LLC WBI
13 GF Score
Price $34.46
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What is WaterBridge Infrastructure LLC Scaled Net Operating Assets?

WaterBridge Infrastructure LLC WBI +1.14% 13 Scaled Net Operating Assets is 0.88 as of Mar. 2026. GuruFocus rates WBI with a GF Score™ of 13/100. The stock has 8 warning signs investors should review.

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

WaterBridge Infrastructure LLC's operating assets for the quarter that ended in Mar. 2026 was $3,701.8 Mil. WaterBridge Infrastructure LLC's operating liabilities for the quarter that ended in Mar. 2026 was $430.9 Mil. WaterBridge Infrastructure LLC's Total Assets for the quarter that ended in Dec. 2025 was $3,700.0 Mil. Therefore, WaterBridge Infrastructure LLC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.88.


WaterBridge Infrastructure LLC Scaled Net Operating Assets Historical Data

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The historical data trend for WaterBridge Infrastructure LLC'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.

WaterBridge Infrastructure LLC Scaled Net Operating Assets Chart

WaterBridge Infrastructure LLC Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.00 0.00 2.41

WaterBridge Infrastructure LLC Quarterly Data
Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 1.94 1.08 0.84 0.82 0.88

WBI vs HLX, RES, XPRO: Scaled Net Operating Assets Comparison

For the Oil & Gas Equipment & Services subindustry, WaterBridge Infrastructure LLC'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.


WaterBridge Infrastructure LLC Scaled Net Operating Assets vs Oil & Gas Industry

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

* The bar in red indicates where WaterBridge Infrastructure LLC's Scaled Net Operating Assets falls into.


WBI
13GF Score
WaterBridge Infrastructure LLC WBI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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WaterBridge Infrastructure LLC 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.

WaterBridge Infrastructure LLC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3648.477-400.627)/1350.587
=2.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3700.02 - 51.543
=3648.477

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1852.411 - 1439.238 - 12.546
=400.627

WaterBridge Infrastructure LLC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3701.803-430.948)/3700.02
=0.88

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3752.471 - 50.668
=3701.803

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1904.556 - 1464.501 - 9.107
=430.948

* 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 0.88 mean?
WaterBridge Infrastructure LLC (WBI) has a Scaled Net Operating Assets of 0.88 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 WaterBridge Infrastructure LLC and its competitors.
Is WaterBridge Infrastructure LLC's Scaled Net Operating Assets too high?
WaterBridge Infrastructure LLC's current Scaled Net Operating Assets is 0.88. Overall, WaterBridge Infrastructure LLC has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does WaterBridge Infrastructure LLC's Scaled Net Operating Assets compare to HLX and RES?
WaterBridge Infrastructure LLC's Scaled Net Operating Assets of 0.88 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 WaterBridge Infrastructure LLC and its competitors. WaterBridge Infrastructure LLC's current Scaled Net Operating Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WaterBridge Infrastructure LLC stock overvalued right now?
WaterBridge Infrastructure LLC (WBI) has a current Scaled Net Operating Assets of 0.88. The current Scaled Net Operating Assets is 0.88. WaterBridge Infrastructure LLC's overall GF Score™ is 13/100 with 8 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 WaterBridge Infrastructure LLC (WBI), the current Scaled Net Operating Assets is 0.88 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.

WaterBridge Infrastructure LLC Business Description

Industry EnergyOil & Gas
Address 5555 San Felipe Street, Suite 1200, Houston, TX, USA, 77056
WaterBridge Infrastructure LLC is an integrated, pure-play water infrastructure company with operations predominantly in the Delaware Basin, the prolific oil and natural gas basin in North America. It operates in the produced water infrastructure network in the United States through which it provides water management solutions to oil and natural gas E&P companies under long-term contracts, which include gathering, transporting, recycling, and handling produced water. It also operates two energy waste management facilities for the disposal of non-hazardous waste resulting from oil and gas E&P activities, branded under Desert Environmental. The transportation, treatment, and handling of produced water are crucial to oil and natural gas production.
13GF Score

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