AAC (Ares Acquisition III) Scaled Net Operating Assets: -6.80 (As of Jun. 2026)

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AAC Ares Acquisition Corp III AAC
12 GF Score
Price $10.06
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What is Ares Acquisition III Scaled Net Operating Assets?

Ares Acquisition III AAC 12 Scaled Net Operating Assets is -6.80 as of Jun. 2026. GuruFocus rates AAC with a GF Score™ of 12/100.

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

Ares Acquisition III's operating assets for the quarter that ended in Jun. 2026 was $7.63 Mil. Ares Acquisition III's operating liabilities for the quarter that ended in Jun. 2026 was $10.79 Mil. Ares Acquisition III's Total Assets for the quarter that ended in Mar. 2026 was $0.46 Mil. Therefore, Ares Acquisition III's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was -6.80.


Ares Acquisition III Scaled Net Operating Assets Historical Data

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The historical data trend for Ares Acquisition III'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.

Ares Acquisition III Scaled Net Operating Assets Chart

Ares Acquisition III Annual Data
Trend
Scaled Net Operating Assets

Ares Acquisition III Quarterly Data
Mar26 Jun26
Scaled Net Operating Assets 0.02 -6.80

AAC vs KRSP, NWAX, GTEN: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Ares Acquisition III'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.


Ares Acquisition III Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ares Acquisition III's Scaled Net Operating Assets distribution charts can be found below:

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


AAC
12GF Score
Ares Acquisition Corp III AAC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ares Acquisition III 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.

Ares Acquisition III's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

Ares Acquisition III's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(7.629-10.785)/0.464
=-6.80

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.929 - 3.3
=7.629

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.933 - 0 - 0.148
=10.785

* 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 -6.80 mean?
Ares Acquisition III (AAC) has a Scaled Net Operating Assets of -6.80 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ares Acquisition III and its competitors.
Is Ares Acquisition III's Scaled Net Operating Assets too high?
Ares Acquisition III's current Scaled Net Operating Assets is -6.80. Overall, Ares Acquisition III has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ares Acquisition III's Scaled Net Operating Assets compare to KRSP and NWAX?
Ares Acquisition III's Scaled Net Operating Assets of -6.80 can be compared against companies in the Diversified Financial Services 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 a Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial Services 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 Ares Acquisition III and its competitors. Ares Acquisition III's current Scaled Net Operating Assets is -6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Acquisition III stock overvalued right now?
Ares Acquisition III (AAC) has a current Scaled Net Operating Assets of -6.80. The current Scaled Net Operating Assets is -6.80. Ares Acquisition III's overall GF Score™ is 12/100. 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 Ares Acquisition III (AAC), the current Scaled Net Operating Assets is -6.80 as of Jun. 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.

Ares Acquisition III Business Description

Address c/o Ares Management LLC, 245 Park Avenue, 44th Floor, New York, NY, USA, 10167
Ares Acquisition Corp III is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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