BSREF (BRS Resources) Scaled Net Operating Assets: -0.07 (As of Jan. 2026)


BSREF BRS Resources Ltd BSREF
32 GF Score
Price $0.15
! 2 Warning Signs
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What is BRS Resources Scaled Net Operating Assets?

BRS Resources BSREF 32 Scaled Net Operating Assets is -0.07 as of Jan. 2026. GuruFocus rates BSREF with a GF Score™ of 32/100. 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.

BRS Resources's operating assets for the quarter that ended in Jan. 2026 was $0.63 Mil. BRS Resources's operating liabilities for the quarter that ended in Jan. 2026 was $1.09 Mil. BRS Resources's Total Assets for the quarter that ended in Oct. 2025 was $6.78 Mil. Therefore, BRS Resources's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was -0.07.

BRS Resources Scaled Net Operating Assets Historical Data

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The historical data trend for BRS Resources'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.

BRS Resources Scaled Net Operating Assets Chart

BRS Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -83.83 -41.83 -2.64 72.60 -0.03

BRS Resources Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 0.89 0.85 0.30 -0.05 -0.07

BSREF vs COP, EOG, OXY: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, BRS Resources'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.

BRS Resources Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BRS Resources's Scaled Net Operating Assets distribution charts can be found below:

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


BSREF
32GF Score
BRS Resources Ltd BSREF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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BRS Resources 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.

BRS Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(0.568-1.068)/18.484
=-0.03

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.778 - 6.21
=0.568

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.068 - 0 - 0
=1.068

BRS Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(0.625-1.091)/6.778
=-0.07

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.652 - 5.027
=0.625

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.091 - 0 - 0
=1.091

* 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 -0.07 mean?
BRS Resources (BSREF) has a Scaled Net Operating Assets of -0.07 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on BRS Resources and its competitors.
Is BRS Resources' Scaled Net Operating Assets too high?
BRS Resources' current Scaled Net Operating Assets is -0.07. Overall, BRS Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does BRS Resources' Scaled Net Operating Assets compare to COP and EOG?
BRS Resources' Scaled Net Operating Assets of -0.07 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 BRS Resources and its competitors. BRS Resources's current Scaled Net Operating Assets is -0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRS Resources stock overvalued right now?
BRS Resources (BSREF) has a current Scaled Net Operating Assets of -0.07. The current Scaled Net Operating Assets is -0.07. BRS Resources' overall GF Score™ is 32/100 with 2 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 BRS Resources (BSREF), the current Scaled Net Operating Assets is -0.07 as of Jan. 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.

BRS Resources Business Description

Industry EnergyOil & Gas
Other Exchanges B4G:GermanyBRS:Canada
Address 1441 Johnston Road, Suite 308, White Rock, Vancouver, BC, CAN, V4B 3Z7
BRS Resources Ltd is a mineral exploration company. The company is engaged in identifying, acquiring, exploring, and evaluating mineral properties in Canada. The portfolio of the company includes the Cowtrail Gold-Copper Mining Project, Mining in the Golden Triangle Region, and other projects. The company operates in Canada and USA.
32GF 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.

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