H&G High Conviction (ASX:HCF) Scaled Net Operating Assets: -0.06 (As of Dec. 2025)


What is H&G High Conviction Scaled Net Operating Assets?

H&G High Conviction ASX:HCF Scaled Net Operating Assets is -0.06 as of Dec. 2025. The stock has 1 warning sign investors should review.

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

H&G High Conviction's operating assets for the quarter that ended in Dec. 2025 was A$0.01 Mil. H&G High Conviction's operating liabilities for the quarter that ended in Dec. 2025 was A$0.02 Mil. H&G High Conviction's Total Assets for the quarter that ended in Jun. 2025 was A$0.27 Mil. Therefore, H&G High Conviction's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.06.

H&G High Conviction 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.

H&G High Conviction's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(0.001-0.022)/28.165
=-0.00

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=0.272 - 0.271
=0.001

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.022 - 0 - 0
=0.022

H&G High Conviction'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 )
=(0.005-0.022)/0.272
=-0.06

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=0.221 - 0.216
=0.005

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.022 - 0 - 0
=0.022

* 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 -0.06 mean?
H&G High Conviction (ASX:HCF) has a Scaled Net Operating Assets of -0.06 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 H&G High Conviction and its competitors.
Is H&G High Conviction's Scaled Net Operating Assets too high?
H&G High Conviction's current Scaled Net Operating Assets is -0.06.
How does H&G High Conviction's Scaled Net Operating Assets compare to BLK and BX?
H&G High Conviction's Scaled Net Operating Assets of -0.06 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 H&G High Conviction and its competitors. H&G High Conviction's current Scaled Net Operating Assets is -0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H&G High Conviction stock overvalued right now?
H&G High Conviction (ASX:HCF) has a current Scaled Net Operating Assets of -0.06. The current Scaled Net Operating Assets is -0.06. 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 H&G High Conviction (ASX:HCF), the current Scaled Net Operating Assets is -0.06 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.

H&G High Conviction Business Description

Address 68 Pitt Street, Level 11, Sydney, NSW, AUS, 2000
H&G High Conviction Ltd is an investment company that focuses on building a portfolio of microcap companies. The company aims to generate risk-adjusted returns by investing in companies with solid fundamental prospects that are undervalued by the market. It generates revenue through interest income and dividends from its portfolio investments. The company's investment activities are centered in the Australian market.