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Strathcona Resources (TSX:SCR) Scaled Net Operating Assets : 0.81 (As of Mar. 2024)


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What is Strathcona Resources 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.

Strathcona Resources's operating assets for the quarter that ended in Mar. 2024 was C$10,598 Mil. Strathcona Resources's operating liabilities for the quarter that ended in Mar. 2024 was C$2,127 Mil. Strathcona Resources's Total Assets for the quarter that ended in Dec. 2023 was C$10,497 Mil. Therefore, Strathcona Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.81.


Strathcona Resources Scaled Net Operating Assets Historical Data

The historical data trend for Strathcona Resources'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.

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Strathcona Resources Scaled Net Operating Assets Chart

Strathcona Resources Annual Data
Trend Dec22 Dec23
Scaled Net Operating Assets
0.82 0.92

Strathcona Resources Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial - - - 7.06 0.81

Competitive Comparison of Strathcona Resources's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Strathcona Resources'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.


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

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

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



Strathcona Resources 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.

Strathcona Resources'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 )
=(10496.9-2098.6)/9164.5
=0.92

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10496.9 - 0
=10496.9

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5169.8 - 3027.4 - 43.8
=2098.6

Strathcona Resources'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 )
=(10597.8-2127.3)/10496.9
=0.81

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10597.8 - 0
=10597.8

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5170.1 - 2995.1 - 47.7
=2127.3

* 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.


Strathcona Resources Scaled Net Operating Assets Related Terms

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Strathcona Resources (TSX:SCR) Business Description

Industry
Traded in Other Exchanges
Address
421 7th Avenue South west, 1900, Calgary, AB, CAN, T2P4K9
Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. The company focuses on thermal oil, enhanced oil recovery, and condensate-rich Montney.