WA Kaolin (ASX:WAK) Scaled Net Operating Assets: 0.77 (As of Dec. 2025)


What is WA Kaolin Scaled Net Operating Assets?

WA Kaolin ASX:WAK -8.33% Scaled Net Operating Assets is 0.77 as of Dec. 2025. The stock has 2 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.

WA Kaolin's operating assets for the quarter that ended in Dec. 2025 was A$36.20 Mil. WA Kaolin's operating liabilities for the quarter that ended in Dec. 2025 was A$5.79 Mil. WA Kaolin's Total Assets for the quarter that ended in Jun. 2025 was A$39.68 Mil. Therefore, WA Kaolin's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.77.

WA Kaolin Scaled Net Operating Assets Historical Data

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The historical data trend for WA Kaolin'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.

WA Kaolin Scaled Net Operating Assets Chart

WA Kaolin Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.38 0.92 1.14 0.69 0.84

WA Kaolin Semi-Annual Data
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 0.70 0.78 0.85 0.84 0.77

WA Kaolin Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, WA Kaolin'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.

WA Kaolin Scaled Net Operating Assets vs Metals & Mining Industry

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

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


WA Kaolin 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.

WA Kaolin'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 )
=(36.095-5.173)/36.629
=0.84

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39.676 - 3.581
=36.095

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31.015 - 0.387 - 25.455
=5.173

WA Kaolin'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 )
=(36.196-5.785)/39.676
=0.77

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=36.97 - 0.774
=36.196

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=33.377 - 22.501 - 5.091
=5.785

* 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 0.77 mean?
WA Kaolin (ASX:WAK) has a Scaled Net Operating Assets of 0.77 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 WA Kaolin and its competitors.
Is WA Kaolin's Scaled Net Operating Assets too high?
WA Kaolin's current Scaled Net Operating Assets is 0.77.
How does WA Kaolin's Scaled Net Operating Assets compare to competitors?
WA Kaolin's Scaled Net Operating Assets of 0.77 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 WA Kaolin and its competitors. WA Kaolin's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WA Kaolin stock overvalued right now?
Based on GuruFocus' analysis, WA Kaolin (ASX:WAK) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.08, compared to a current price of A$0.01 — trading 93.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.77. 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 WA Kaolin (ASX:WAK), the current Scaled Net Operating Assets is 0.77 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.

WA Kaolin Business Description

Other Exchanges YC7:Germany
Address 3 Ward Road, Rockingham, Perth, WA, AUS, 6168
WA Kaolin Ltd is engaged in the business of extraction, processing, and production of kaolin. The company mines and processes kaolin and kaolin-based products.