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Superior Drilling Products (STU:SDW) Scaled Net Operating Assets : 0.73 (As of Mar. 2024)


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What is Superior Drilling Products 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.

Superior Drilling Products's operating assets for the quarter that ended in Mar. 2024 was €22.05 Mil. Superior Drilling Products's operating liabilities for the quarter that ended in Mar. 2024 was €4.05 Mil. Superior Drilling Products's Total Assets for the quarter that ended in Dec. 2023 was €24.79 Mil. Therefore, Superior Drilling Products's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.73.


Superior Drilling Products Scaled Net Operating Assets Historical Data

The historical data trend for Superior Drilling Products'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.

Superior Drilling Products Scaled Net Operating Assets Chart

Superior Drilling Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.52 0.82 0.90 1.15

Superior Drilling Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.80 0.78 0.64 0.90 0.73

Competitive Comparison of Superior Drilling Products's Scaled Net Operating Assets

For the Oil & Gas Equipment & Services subindustry, Superior Drilling Products'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.


Superior Drilling Products's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

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

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



Superior Drilling Products 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.

Superior Drilling Products'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 )
=(22.497-3.41)/16.614
=1.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24.793 - 2.296
=22.497

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.52 - 5.401 - 0.709
=3.41

Superior Drilling Products's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(22.051-4.051)/24.793
=0.73

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=23.854 - 1.803
=22.051

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.987 - 5.306 - 0.63
=4.051

* 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.


Superior Drilling Products Scaled Net Operating Assets Related Terms

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Superior Drilling Products (STU:SDW) Business Description

Traded in Other Exchanges
Address
1583 South 1700 East, Vernal, UT, USA, 84078
Superior Drilling Products Inc is engaged in providing equipment and services to the oil and gas industry. It specialises in the design and manufacture of drilling tool technologies including the patented Drill-N-Ream wellbore conditioning tool and the patented Strider oscillation system technology. In addition, SDP is a manufacturer and refurbisher of PDC (polycrystalline diamond compact) drill bits for an oilfield services company. The company operates in North America and other international regions, of which key revenue is derived from North America.

Superior Drilling Products (STU:SDW) Headlines

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