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Cactus (Cactus) Scaled Net Operating Assets : 0.66 (As of Dec. 2023)


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What is Cactus 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.

Cactus's operating assets for the quarter that ended in Dec. 2023 was $1,389 Mil. Cactus's operating liabilities for the quarter that ended in Dec. 2023 was $418 Mil. Cactus's Total Assets for the quarter that ended in Sep. 2023 was $1,464 Mil. Therefore, Cactus's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.66.


Cactus Scaled Net Operating Assets Historical Data

The historical data trend for Cactus'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.

Cactus Scaled Net Operating Assets Chart

Cactus Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.60 0.35 0.40 0.41 0.87

Cactus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.37 0.93 0.65 0.67 0.66

Competitive Comparison of Cactus's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Cactus'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.


Cactus's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

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



Cactus 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.

Cactus'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 )
=(1388.769-417.818)/1118.896
=0.87

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1522.561 - 133.792
=1388.769

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=457.791 - 28.473 - 11.5
=417.818

Cactus's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(1388.769-417.818)/1464.15
=0.66

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1522.561 - 133.792
=1388.769

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=457.791 - 28.473 - 11.5
=417.818

* 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.


Cactus Scaled Net Operating Assets Related Terms

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Cactus (Cactus) Business Description

Industry
Traded in Other Exchanges
N/A
Address
920 Memorial City Way, Suite 300, Houston, TX, USA, 77024
Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, frac stacks, zipper manifolds, and production trees. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production.
Executives
Scott Bender director, officer: President, CEO ONE GREENWAY PLAZA, SUITE 200, HOUSTON TX 77046
Joel Bender director, officer: COO, Senior VP and Sec ONE GREENWAY PLAZA, SUITE 200, HOUSTON TX 77046
Steven Bender officer: VP of Operations ONE GREENWAY PLAZA, SUITE 200, HOUSTON TX 77046
William D Marsh officer: GC, VP of Admin. and Secretary 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
John A Odonnell director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Bruce M Rothstein director 800 WESTCHESTER AVENUE, SUITE 617 NORTH, RYE BROOK NY 10573
Stephen Tadlock officer: VP of Corporate Services COBALT CENTER 920 MEMORIAL CITY WAY, SUITE 300, HOUSTON TX 77024
Donna L Anderson officer: Chief Accounting Officer 10811 S. WESTVIEW CIRCLE DRIVE, BUILDING C, SUITE 100, HOUSTON TX 77043
Michael Y Mcgovern director 700 LOUISIANA, STE 4300, HOUSTON TX 77002
Alan Semple director ONE GREENWAY PLAZA, SUITE 200, HOUSTON TX 77046
Gary L Rosenthal director 333 CLAY STREET, SUITE 4620, HOUSTON TX 77002
David John Isaac officer: GC and VP of Administration 920 MEMORIAL CITY WAY, SUITE 300, HOUSTON TX 77024
Tymothi O. Tombar director 2713 CRAWFORD ST., HOUSTON TX 77004
Cadent Energy Partners Ii Lp director 800 WESTCHESTER AVENUE, SUITE 617 NORTH, RYE BROOK NY 10573
Melissa Law director 920 MEMORIAL CITY WAY, SUITE 300, HOUSTON TX 77024