BWLKF (Boardwalktech Software) Scaled Net Operating Assets: -1.49 (As of Dec. 2025)

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What is Boardwalktech Software Scaled Net Operating Assets?

Boardwalktech Software BWLKF Scaled Net Operating Assets is -1.49 as of Dec. 2025. The stock has 3 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.

Boardwalktech Software's operating assets for the quarter that ended in Dec. 2025 was $0.89 Mil. Boardwalktech Software's operating liabilities for the quarter that ended in Dec. 2025 was $2.75 Mil. Boardwalktech Software's Total Assets for the quarter that ended in Sep. 2025 was $1.25 Mil. Therefore, Boardwalktech Software's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -1.49.


Boardwalktech Software Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Boardwalktech Software'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.

Boardwalktech Software Scaled Net Operating Assets Chart

Boardwalktech Software Annual Data
Trend Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only 0.02 0.01 -0.76 -0.17 -0.13

Boardwalktech Software Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.03 -0.32 -0.55 -1.28 -1.49

BWLKF vs UBER, SHOP, CRM: Scaled Net Operating Assets Comparison

For the Software - Application subindustry, Boardwalktech Software'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.


Boardwalktech Software Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, Boardwalktech Software's Scaled Net Operating Assets distribution charts can be found below:

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



Boardwalktech Software 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.

Boardwalktech Software's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(1.318-1.798)/3.765
=-0.13

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.677 - 0.359
=1.318

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.041 - 0.268 - 2.975
=1.798

Boardwalktech Software'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: Sep. 2025 )
=(0.887-2.748)/1.25
=-1.49

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.979 - 0.092
=0.887

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.637 - 0 - 2.889
=2.748

* 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 -1.49 mean?
Boardwalktech Software (BWLKF) has a Scaled Net Operating Assets of -1.49 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 Boardwalktech Software and its competitors.
Is Boardwalktech Software's Scaled Net Operating Assets too high?
Boardwalktech Software's current Scaled Net Operating Assets is -1.49.
How does Boardwalktech Software's Scaled Net Operating Assets compare to UBER and SHOP?
Boardwalktech Software's Scaled Net Operating Assets of -1.49 can be compared against companies in the Software 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 Software company?
A good Scaled Net Operating Assets depends on the Software 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 Boardwalktech Software and its competitors. Boardwalktech Software's current Scaled Net Operating Assets is -1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boardwalktech Software stock overvalued right now?
Based on GuruFocus' analysis, Boardwalktech Software (BWLKF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.02 — trading 66.7% below its estimated fair value. The current Scaled Net Operating Assets is -1.49. 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 Boardwalktech Software (BWLKF), the current Scaled Net Operating Assets is -1.49 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.

Boardwalktech Software Business Description

Other Exchanges BWLK:Canada
Address 10050 N. Wolfe Road, Suite No. SW1-276, Cupertino, CA, USA, 95014
Boardwalktech Software Corp designs and sells collaborative enterprise digital ledger data management technology offered as either a cloud-based platform service that runs industry, or customer-specific applications, Boardwalk Application Engine (BAE) or Boardwalk Enterprise Blockchain (BEB) platforms. The company has developed two solutions that run on the core Boardwalk Digital Ledger technology, including Boardwalk Velocity, which is focused on risk management and compliance within the financial services sector, and Unity Central, which is targeted at improving enterprise supply chain visibility and order execution fulfillment metrics. Geographically, the company generates all of its revenue from its operations based in the United States.