FLD (Fold Holdings) Scaled Net Operating Assets: 0.37 (As of Mar. 2026)


FLD Fold Holdings Inc FLD
8 GF Score
Price $0.49
! 3 Warning Signs
View Full Analysis

What is Fold Holdings Scaled Net Operating Assets?

Fold Holdings FLD +5.74% 8 Scaled Net Operating Assets is 0.37 as of Mar. 2026. GuruFocus rates FLD with a GF Score™ of 8/100. 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.

Fold Holdings's operating assets for the quarter that ended in Mar. 2026 was $66.80 Mil. Fold Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $9.83 Mil. Fold Holdings's Total Assets for the quarter that ended in Dec. 2025 was $153.47 Mil. Therefore, Fold Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.37.


Fold Holdings Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Fold Holdings'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.

Fold Holdings Scaled Net Operating Assets Chart

Fold Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
-0.78 13.16 -0.45 1.07

Fold Holdings Quarterly Data
Dec22 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 1.00 1.09 0.94 0.70 0.37

FLD vs PLUT, MATH, HGBL: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Fold Holdings'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.


Fold Holdings Scaled Net Operating Assets vs Capital Markets Industry

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

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


FLD
8GF Score
Fold Holdings Inc FLD
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fold Holdings 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.

Fold Holdings'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 )
=(145.816-11.8)/125.655
=1.07

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=153.468 - 7.652
=145.816

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=90.477 - 68.677 - 10
=11.8

Fold Holdings'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 )
=(66.803-9.826)/153.468
=0.37

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=78.329 - 11.526
=66.803

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41.977 - 0 - 32.151
=9.826

* 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 0.37 mean?
Fold Holdings (FLD) has a Scaled Net Operating Assets of 0.37 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 Fold Holdings and its competitors.
Is Fold Holdings' Scaled Net Operating Assets too high?
Fold Holdings' current Scaled Net Operating Assets is 0.37. Overall, Fold Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Fold Holdings' Scaled Net Operating Assets compare to PLUT and MATH?
Fold Holdings' Scaled Net Operating Assets of 0.37 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 Fold Holdings and its competitors. Fold Holdings's current Scaled Net Operating Assets is 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fold Holdings stock overvalued right now?
Fold Holdings (FLD) has a current Scaled Net Operating Assets of 0.37. The current Scaled Net Operating Assets is 0.37. Fold Holdings' overall GF Score™ is 8/100 with 3 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 Fold Holdings (FLD), the current Scaled Net Operating Assets is 0.37 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.

Fold Holdings Business Description

Address 2942 North 24th Street, Suite 115, No. 42035, Phoenix, AZ, USA, 85016
Fold Holdings Inc is a bitcoin financial services company dedicated to expanding access to bitcoin through a comprehensive suite of consumer financial products. Its financial services platform that allows customers to earn, accumulate, and utilize bitcoin in their everyday life. The company offers consumers an FDIC insured checking account through Sutton Bank, a prepaid Visa debit card (the Fold Debit Card), a bitcoin rewards credit card (the Fold Credit Card), a bitcoin gift card, bill payments, and an extensive catalog of merchant reward offers. It also offers various forms of bitcoin buying and selling with low-to-zero fees and insured custody.
8GF Score

Get the complete analysis for FLD

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.49
Price