BBKCD (Surge Digital) Scaled Net Operating Assets: 0.03 (As of Mar. 2026)

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BBKCD Surge Digital Inc BBKCD
46 GF Score
Price $0.41
GF Value $1.06
Valuation Possible Value Trap
! 5 Warning Signs
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What is Surge Digital Scaled Net Operating Assets?

Surge Digital BBKCD 46 Scaled Net Operating Assets is 0.03 as of Mar. 2026. GuruFocus rates BBKCD with a GF Score™ of 46/100 and a GF Value™ of $1.06 (Possible Value Trap). 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.

Surge Digital's operating assets for the quarter that ended in Mar. 2026 was $98.75 Mil. Surge Digital's operating liabilities for the quarter that ended in Mar. 2026 was $94.33 Mil. Surge Digital's Total Assets for the quarter that ended in Dec. 2025 was $135.72 Mil. Therefore, Surge Digital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.03.


Surge Digital Scaled Net Operating Assets Historical Data

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The historical data trend for Surge Digital'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.

Surge Digital Scaled Net Operating Assets Chart

Surge Digital Annual Data
Trend Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.11 0.43 0.09 0.04

Surge Digital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.04 0.03 0.03 0.03

BBKCD vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Surge Digital'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.


Surge Digital Scaled Net Operating Assets vs Capital Markets Industry

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

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


BBKCD
46GF Score
Surge Digital Inc BBKCD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Surge Digital 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.

Surge Digital'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 )
=(131.226-124.508)/162.608
=0.04

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=135.718 - 4.492
=131.226

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=124.527 - 0.003 - 0.016
=124.508

Surge Digital'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: Dec. 2025 )
=(98.754-94.325)/135.718
=0.03

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=103.004 - 4.25
=98.754

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=94.341 - 0 - 0.016
=94.325

* 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 0.03 mean?
Surge Digital (BBKCD) has a Scaled Net Operating Assets of 0.03 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 Surge Digital and its competitors.
Is Surge Digital's Scaled Net Operating Assets too high?
Surge Digital's current Scaled Net Operating Assets is 0.03. Overall, Surge Digital has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Surge Digital's Scaled Net Operating Assets compare to MS and GS?
Surge Digital's Scaled Net Operating Assets of 0.03 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 Surge Digital and its competitors. Surge Digital's current Scaled Net Operating Assets is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surge Digital stock overvalued right now?
Based on GuruFocus' analysis, Surge Digital (BBKCD) is currently considered Possible Value Trap. The stock's GF Value™ is $1.06, compared to a current price of $0.41 — trading 61.5% below its estimated fair value. The current Scaled Net Operating Assets is 0.03. Surge Digital's overall GF Score™ is 46/100 with 5 warning signs to review. 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 Surge Digital (BBKCD), the current Scaled Net Operating Assets is 0.03 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.

Is Surge Digital (BBKCD) Overvalued in 2026?

Based on GuruFocus' analysis, Surge Digital stock appears to be undervalued. The current stock price of $0.41 is trading 61.5% below its estimated GF Value™ of $1.06. GuruFocus considers Surge Digital to be Possible Value Trap.

Key valuation signals for BBKCD:

  • Scaled Net Operating Assets: 0.03
  • GF Value™: $1.06 vs. price of $0.41 (61.5% below fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the BBKCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surge Digital Business Description

Other Exchanges 7111:GermanyBIGG:Canada
Address 1130 West Pender Street, Suite 220, Vancouver, BC, CAN, V6E 4A4
BIGG Digital Assets Inc is engaged in investing in products and companies within the cryptocurrency industry. The company has three operating divisions, which provide blockchain search products to large enterprises with data requirements in the financial and e-commerce sectors globally, and brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety, and immersive metaverse experiences. The company operates three business segments: Netcoins, Blockchain Intelligence Group, and TerraZero.
46GF 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.

$0.41
Price
$1.06
GF Value