ADLRF (Alaris Equity Partnersome Trust) Scaled Net Operating Assets: 1.00 (As of Mar. 2026)


ADLRF Alaris Equity Partners Income Trust ADLRF
84 GF Score
Price $16.84
GF Value $13.50
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Alaris Equity Partnersome Trust Scaled Net Operating Assets?

Alaris Equity Partnersome Trust ADLRF 84 Scaled Net Operating Assets is 1.00 as of Mar. 2026. GuruFocus rates ADLRF with a GF Score™ of 84/100 and a GF Value™ of $13.50 (Modestly Overvalued). The stock has 11 warning signs investors should review.

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

Alaris Equity Partnersome Trust's operating assets for the quarter that ended in Mar. 2026 was $1,054.4 Mil. Alaris Equity Partnersome Trust's operating liabilities for the quarter that ended in Mar. 2026 was $28.6 Mil. Alaris Equity Partnersome Trust's Total Assets for the quarter that ended in Dec. 2025 was $1,030.1 Mil. Therefore, Alaris Equity Partnersome Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.00.


Alaris Equity Partnersome Trust Scaled Net Operating Assets Historical Data

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The historical data trend for Alaris Equity Partnersome Trust'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.

Alaris Equity Partnersome Trust Scaled Net Operating Assets Chart

Alaris Equity Partnersome Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.89 1.00 0.74 1.19

Alaris Equity Partnersome Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.97 1.07 1.02 1.05 1.00

ADLRF vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Alaris Equity Partnersome Trust'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.


Alaris Equity Partnersome Trust Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Alaris Equity Partnersome Trust's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Alaris Equity Partnersome Trust's Scaled Net Operating Assets falls into.


ADLRF
84GF Score
Alaris Equity Partners Income Trust ADLRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Alaris Equity Partnersome Trust 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.

Alaris Equity Partnersome Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1025.455-23.987)/842.06
=1.19

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1030.083 - 4.628
=1025.455

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=215.171 - 191.184 - 0
=23.987

Alaris Equity Partnersome Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1054.404-28.553)/1030.083
=1.00

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1058.58 - 4.176
=1054.404

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=221.656 - 193.103 - 0
=28.553

* 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 1.00 mean?
Alaris Equity Partnersome Trust (ADLRF) has a Scaled Net Operating Assets of 1.00 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Alaris Equity Partnersome Trust and its competitors.
Is Alaris Equity Partnersome Trust's Scaled Net Operating Assets too high?
Alaris Equity Partnersome Trust's current Scaled Net Operating Assets is 1.00. Overall, Alaris Equity Partnersome Trust has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alaris Equity Partnersome Trust's Scaled Net Operating Assets compare to BLK and BX?
Alaris Equity Partnersome Trust's Scaled Net Operating Assets of 1.00 can be compared against companies in the Asset Management 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 an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Alaris Equity Partnersome Trust and its competitors. Alaris Equity Partnersome Trust's current Scaled Net Operating Assets is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alaris Equity Partnersome Trust stock overvalued right now?
Based on GuruFocus' analysis, Alaris Equity Partnersome Trust (ADLRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.50, compared to a current price of $16.84 — trading 24.7% above its estimated fair value. The current Scaled Net Operating Assets is 1.00. Alaris Equity Partnersome Trust's overall GF Score™ is 84/100 with 11 warning signs to review. 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 Alaris Equity Partnersome Trust (ADLRF), the current Scaled Net Operating Assets is 1.00 as of Mar. 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.

Is Alaris Equity Partnersome Trust (ADLRF) Overvalued in 2026?

Based on GuruFocus' analysis, Alaris Equity Partnersome Trust stock appears to be overvalued. The current stock price of $16.84 is trading 24.7% above its estimated GF Value™ of $13.50. GuruFocus considers Alaris Equity Partnersome Trust to be Modestly Overvalued.

Key valuation signals for ADLRF:

  • Scaled Net Operating Assets: 1.00
  • GF Value™: $13.50 vs. price of $16.84 (24.7% above fair value)
  • GF Score™: 84/100 with 11 warning signs

No single metric tells the full story. See the ADLRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alaris Equity Partnersome Trust Business Description

Other Exchanges AD.UN:Canada
Address 333 - 24th Avenue SW, Suite 250, Calgary, AB, CAN, T2S 3E6
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure, such as gross margin and same-store sales, and rank in priority to the owner's common equity position.
84GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.84
Price
$13.50
GF Value