Cirsa Enterprises (CHIX:CIRSAE) Scaled Net Operating Assets: 0.70 (As of Jun. 2026)

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CHIX:CIRSAE Cirsa Enterprises SA CHIX:CIRSAE
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What is Cirsa Enterprises Scaled Net Operating Assets?

Cirsa Enterprises CHIX:CIRSAE +1.59% 10 Scaled Net Operating Assets is 0.70 as of Jun. 2026. GuruFocus rates CHIX:CIRSAE with a GF Score™ of 10/100. The stock has 8 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.

Cirsa Enterprises's operating assets for the quarter that ended in Jun. 2026 was €3,632 Mil. Cirsa Enterprises's operating liabilities for the quarter that ended in Jun. 2026 was €884 Mil. Cirsa Enterprises's Total Assets for the quarter that ended in Mar. 2026 was €3,914 Mil. Therefore, Cirsa Enterprises's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.70.


Cirsa Enterprises Scaled Net Operating Assets Historical Data

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The historical data trend for Cirsa Enterprises'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.

Cirsa Enterprises Scaled Net Operating Assets Chart

Cirsa Enterprises Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.75 0.78 0.73 0.71

Cirsa Enterprises Quarterly Data
Dec22 Dec23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.71 0.63 0.70

CHIX:CIRSAE vs LVS, MGM, WYNN: Scaled Net Operating Assets Comparison

For the Resorts & Casinos subindustry, Cirsa Enterprises'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.


Cirsa Enterprises Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cirsa Enterprises's Scaled Net Operating Assets distribution charts can be found below:

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


CHIX:CIRSAE
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Cirsa Enterprises SA CHIX:CIRSAE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cirsa Enterprises 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.

Cirsa Enterprises'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 )
=(3489.854-846.377)/3741.63
=0.71

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3863.154 - 373.3
=3489.854

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3045.175 - 2044.698 - 154.1
=846.377

Cirsa Enterprises's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(3632.085-884)/3914.414
=0.70

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3957.744 - 325.659
=3632.085

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3088.438 - 2048.374 - 156.064
=884

* 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 0.70 mean?
Cirsa Enterprises (CHIX:CIRSAE) has a Scaled Net Operating Assets of 0.70 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cirsa Enterprises and its competitors.
Is Cirsa Enterprises' Scaled Net Operating Assets too high?
Cirsa Enterprises' current Scaled Net Operating Assets is 0.70. Overall, Cirsa Enterprises has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Cirsa Enterprises' Scaled Net Operating Assets compare to LVS and MGM?
Cirsa Enterprises' Scaled Net Operating Assets of 0.70 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Cirsa Enterprises and its competitors. Cirsa Enterprises's current Scaled Net Operating Assets is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cirsa Enterprises stock overvalued right now?
Cirsa Enterprises (CHIX:CIRSAE) has a current Scaled Net Operating Assets of 0.70. The current Scaled Net Operating Assets is 0.70. Cirsa Enterprises' overall GF Score™ is 10/100 with 8 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 Cirsa Enterprises (CHIX:CIRSAE), the current Scaled Net Operating Assets is 0.70 as of Jun. 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.

Cirsa Enterprises Business Description

Other Exchanges CIRSA:SpainY7O:Germany
Address Carretera de Castellar, number 298, Terrassa, ESP, 08226
Cirsa Enterprises SA consists of a group of companies operating in the gaming and leisure sector. Its activities include the design, manufacture, and marketing of slot machines sold to both Group companies and third parties, the development of interactive gaming mechanisms and systems, the operation of slot machines, casinos, and bingo halls in Spain and abroad, and the marketing and operation of bets in own and third-party premises, as well as online sports betting in Spain and abroad. Its business areas include Casinos, Gaming Rooms, Arcade Machines, and Online Betting and Gaming. The business segments are: Casinos, Slots Spain, Slots Italy, and Online Games and Bets. Maximum revenue is generated from the Casinos segment. The Group generates maximum revenue from Spain and Portugal.
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