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BGX - Black Gold Exploration (XCNQ:BGX) Scaled Net Operating Assets : 1.66 (As of Sep. 2024)


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What is BGX - Black Gold Exploration Scaled Net Operating Assets?

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

BGX - Black Gold Exploration's operating assets for the quarter that ended in Sep. 2024 was C$4.75 Mil. BGX - Black Gold Exploration's operating liabilities for the quarter that ended in Sep. 2024 was C$0.06 Mil. BGX - Black Gold Exploration's Total Assets for the quarter that ended in Jun. 2024 was C$2.83 Mil. Therefore, BGX - Black Gold Exploration's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 1.66.


BGX - Black Gold Exploration Scaled Net Operating Assets Historical Data

The historical data trend for BGX - Black Gold 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.

* Premium members only.

BGX - Black Gold Exploration Scaled Net Operating Assets Chart

BGX - Black Gold Exploration Annual Data
Trend Dec21 Dec22 Dec23
Scaled Net Operating Assets
-0.01 -1.94 1.10

BGX - Black Gold Exploration Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.16 0.42 0.67 0.69 1.66

Competitive Comparison of BGX - Black Gold Exploration's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, BGX - Black Gold 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.


BGX - Black Gold Exploration's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where BGX - Black Gold Exploration's Scaled Net Operating Assets falls into.


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BGX - Black Gold 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.

BGX - Black Gold Exploration's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(2.121-0.768)/1.232
=1.10

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.111 - 0.99
=2.121

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.768 - 0 - 0
=0.768

BGX - Black Gold Exploration's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(4.751-0.064)/2.832
=1.66

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.316 - 0.565
=4.751

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.064 - 0 - 0
=0.064

* 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.


BGX - Black Gold Exploration Scaled Net Operating Assets Related Terms

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BGX - Black Gold Exploration Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3
BGX - Black Gold Exploration Corp is engaged in the exploration of oil and gas properties in Argentina. The Company's objective is to explore and warranted develop the El Carmen Property.

BGX - Black Gold Exploration Headlines

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