VSA Capital Group (AQSE:VSA) Scaled Net Operating Assets: 0.31 (As of Mar. 2026)


What is VSA Capital Group Scaled Net Operating Assets?

VSA Capital Group AQSE:VSA Scaled Net Operating Assets is 0.31 as of Mar. 2026. The stock has 5 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.

VSA Capital Group's operating assets for the quarter that ended in Mar. 2026 was £1.69 Mil. VSA Capital Group's operating liabilities for the quarter that ended in Mar. 2026 was £0.61 Mil. VSA Capital Group's Total Assets for the quarter that ended in Sep. 2025 was £3.54 Mil. Therefore, VSA Capital Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.31.

VSA Capital Group Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for VSA Capital Group'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.

VSA Capital Group Scaled Net Operating Assets Chart

VSA Capital Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.39 0.26 0.22 0.44 0.46

VSA Capital Group Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.36 0.52 0.38 0.61 0.31

AQSE:VSA vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, VSA Capital Group'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.

VSA Capital Group Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VSA Capital Group's Scaled Net Operating Assets distribution charts can be found below:

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


VSA Capital Group 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.

VSA Capital Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(1.685-0.605)/2.34
=0.46

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.821 - 1.136
=1.685

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.522 - 0.726 - 0.191
=0.605

VSA Capital Group'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: Sep. 2025 )
=(1.685-0.605)/3.535
=0.31

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.821 - 1.136
=1.685

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.522 - 0.726 - 0.191
=0.605

* 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 0.31 mean?
VSA Capital Group (AQSE:VSA) has a Scaled Net Operating Assets of 0.31 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 VSA Capital Group and its competitors.
Is VSA Capital Group's Scaled Net Operating Assets too high?
VSA Capital Group's current Scaled Net Operating Assets is 0.31.
How does VSA Capital Group's Scaled Net Operating Assets compare to MS and GS?
VSA Capital Group's Scaled Net Operating Assets of 0.31 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 VSA Capital Group and its competitors. VSA Capital Group's current Scaled Net Operating Assets is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSA Capital Group stock overvalued right now?
Based on GuruFocus' analysis, VSA Capital Group (AQSE:VSA) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.05, compared to a current price of £0.04 — trading 15% below its estimated fair value. The current Scaled Net Operating Assets is 0.31. 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 VSA Capital Group (AQSE:VSA), the current Scaled Net Operating Assets is 0.31 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.

VSA Capital Group Business Description

Address 99 Bishopsgate, London, GBR, EC2M 3XD
VSA Capital Group PLC is an international investment banking and broking firm. The company provides corporate finance, advisory, and capital markets services to private and public growth companies. Its focus is on providing an independent, solutions-driven service to clients across multiple sectors with a particular focus on natural resources, transitional energy, alternative energy and TMT. The company's segment includes Corporate Finance fees, Broking fees, Bond trading, Research fees, and Other income. The company generates the majority of its revenue from the Corporate Finance fees.