Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) Scaled Net Operating Assets: 2.81 (As of Dec. 2025)


BSP:SPG211 Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211
7 GF Score
Price R$11.94
! 1 Warning Sign
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What is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Scaled Net Operating Assets?

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211 7 Scaled Net Operating Assets is 2.81 as of Dec. 2025. GuruFocus rates BSP:SPG211 with a GF Score™ of 7/100. 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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's operating assets for the quarter that ended in Dec. 2025 was R$78.89 Mil. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's operating liabilities for the quarter that ended in Dec. 2025 was R$2.26 Mil. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Total Assets for the quarter that ended in Dec. 2024 was R$27.26 Mil. Therefore, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 2.81.

BSP:SPG211
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Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada BSP:SPG211
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada 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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada'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 )
=(78.892-2.263)/27.258
=2.81

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=82.399 - 3.507
=78.892

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.263 - 0 - 0
=2.263

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada'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: Dec. 2024 )
=(78.892-2.263)/27.258
=2.81

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=82.399 - 3.507
=78.892

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.263 - 0 - 0
=2.263

* 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 2.81 mean?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) has a Scaled Net Operating Assets of 2.81 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 Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada and its competitors.
Is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Scaled Net Operating Assets too high?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's current Scaled Net Operating Assets is 2.81. Overall, Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Scaled Net Operating Assets compare to VICI and WPC?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's Scaled Net Operating Assets of 2.81 can be compared against companies in the REITs 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 REITs company?
A good Scaled Net Operating Assets depends on the REITs 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 Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada and its competitors. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's current Scaled Net Operating Assets is 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada stock overvalued right now?
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211) has a current Scaled Net Operating Assets of 2.81. The current Scaled Net Operating Assets is 2.81. Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada's overall GF Score™ is 7/100 with 1 warning sign 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 Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada (BSP:SPG211), the current Scaled Net Operating Assets is 2.81 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.

Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada Business Description

Industry Real EstateREITs
Address Rua Dr. Eduardo de Souza Aranha, No. 153, 4th floor, Itaim Bibi, Sao Paulo, SP, BRA, 4543-120
Spgm Ii Fundo De Investimento Imobiliario Responsabilidade Limitada is a real estate investment fund. It is established to carry out the activity of providing services for the management of portfolios of securities and securities (Administrator), within the scope of the primary public offering of the 1st (first) issue of shares of Class Single Class of the Fund, in a single class and series.
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