Lightning Minerals (ASX:L1M) Scaled Net Operating Assets: 0.60 (As of Dec. 2025)


What is Lightning Minerals Scaled Net Operating Assets?

Lightning Minerals ASX:L1M Scaled Net Operating Assets is 0.60 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.

Lightning Minerals's operating assets for the quarter that ended in Dec. 2025 was A$3.30 Mil. Lightning Minerals's operating liabilities for the quarter that ended in Dec. 2025 was A$0.41 Mil. Lightning Minerals's Total Assets for the quarter that ended in Jun. 2025 was A$4.82 Mil. Therefore, Lightning Minerals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.60.

Lightning Minerals Scaled Net Operating Assets Historical Data

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The historical data trend for Lightning Minerals'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.

Lightning Minerals Scaled Net Operating Assets Chart

Lightning Minerals Annual Data
Trend Jun23 Jun24 Jun25
Scaled Net Operating Assets
0.27 0.62 0.57

Lightning Minerals Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Scaled Net Operating Assets Get a 7-Day Free Trial 0.52 0.68 0.59 0.67 0.60

Lightning Minerals Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lightning Minerals'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.

Lightning Minerals Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Lightning Minerals 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.

Lightning Minerals'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 )
=(4.713-0.355)/7.599
=0.57

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.817 - 0.104
=4.713

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.441 - 0.018 - 0.068
=0.355

Lightning Minerals'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 )
=(3.303-0.414)/4.817
=0.60

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.384 - 1.081
=3.303

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.47 - 0 - 0.056
=0.414

* 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 0.60 mean?
Lightning Minerals (ASX:L1M) has a Scaled Net Operating Assets of 0.60 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 Lightning Minerals and its competitors.
Is Lightning Minerals' Scaled Net Operating Assets too high?
Lightning Minerals' current Scaled Net Operating Assets is 0.60.
How does Lightning Minerals' Scaled Net Operating Assets compare to competitors?
Lightning Minerals' Scaled Net Operating Assets of 0.60 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 Lightning Minerals and its competitors. Lightning Minerals's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightning Minerals stock overvalued right now?
Lightning Minerals (ASX:L1M) has a current Scaled Net Operating Assets of 0.60. The current Scaled Net Operating Assets is 0.60. 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 Lightning Minerals (ASX:L1M), the current Scaled Net Operating Assets is 0.60 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.

Lightning Minerals Business Description

Other Exchanges YZ1:Germany
Address 40 The Esplanade, Level 11, Perth, WA, AUS, 6000
Lightning Minerals Ltd is a mining exploration company. Its exploration is focused on battery minerals such as Lithium, Nickel, Cobalt, Copper, and PGEs. It holds interest in Dundas Project; Mailman Hill Project; Mount Jewell Project; and Mt Bartle Project. Lightning Minerals sees a growing demand for Lithium, Nickel, Cobalt, Copper, and PGEs. Exploration is focused on fulfilling this critical minerals deficit. The segment of the Group is mineral exploration and its geographical segments are Australia; Canada and Brazil.