EMC Gold (ASX:EM3) Scaled Net Operating Assets: -2.20 (As of Dec. 2025)


ASX:EM3 EMC Gold Corp ASX:EM3
27 GF Score
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What is EMC Gold Scaled Net Operating Assets?

EMC Gold ASX:EM3 -5.26% 27 Scaled Net Operating Assets is -2.20 as of Dec. 2025. GuruFocus rates ASX:EM3 with a GF Score™ of 27/100.

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

EMC Gold's operating assets for the quarter that ended in Dec. 2025 was A$0.09 Mil. EMC Gold's operating liabilities for the quarter that ended in Dec. 2025 was A$2.92 Mil. EMC Gold's Total Assets for the quarter that ended in Jun. 2025 was A$1.28 Mil. Therefore, EMC Gold's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -2.20.

EMC Gold Scaled Net Operating Assets Historical Data

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The historical data trend for EMC Gold'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.

EMC Gold Scaled Net Operating Assets Chart

EMC Gold Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only -0.14 -0.05 -0.03 -7.06 -1.68

EMC Gold Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.04 -0.08 -2.88 -0.90 -2.20

ASX:EM3 vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, EMC Gold'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.

EMC Gold Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, EMC Gold's Scaled Net Operating Assets distribution charts can be found below:

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


ASX:EM3
27GF Score
EMC Gold Corp ASX:EM3
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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EMC Gold 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.

EMC Gold'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 )
=(0.091-2.915)/1.677
=-1.68

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.367 - 5.276
=0.091

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.915 - 0 - 0
=2.915

EMC Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(0.091-2.915)/1.282
=-2.20

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.367 - 5.276
=0.091

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.915 - 0 - 0
=2.915

* 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 -2.20 mean?
EMC Gold (ASX:EM3) has a Scaled Net Operating Assets of -2.20 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on EMC Gold and its competitors.
Is EMC Gold's Scaled Net Operating Assets too high?
EMC Gold's current Scaled Net Operating Assets is -2.20. Overall, EMC Gold has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does EMC Gold's Scaled Net Operating Assets compare to NEM and AU?
EMC Gold's Scaled Net Operating Assets of -2.20 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 EMC Gold and its competitors. EMC Gold's current Scaled Net Operating Assets is -2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EMC Gold stock overvalued right now?
EMC Gold (ASX:EM3) has a current Scaled Net Operating Assets of -2.20. The current Scaled Net Operating Assets is -2.20. EMC Gold's overall GF Score™ is 27/100. 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 EMC Gold (ASX:EM3), the current Scaled Net Operating Assets is -2.20 as of Dec. 2025. 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.

EMC Gold Business Description

Other Exchanges JL2:Germany
Address 10 Outram Street, Level 1, West Perth, Perth, WA, AUS, GL50 1HX
EMC Gold Corp is a Canada-based exploration company. The company operates undeveloped gold deposits situated in a renowned mining province with an existing road and port infrastructure. The Company's flagship project is Salave, one of the undeveloped gold projects in Europe.
27GF 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.

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