FMRRF (Future Mineral Resources) Scaled Net Operating Assets: -0.46 (As of Apr. 2026)


FMRRF Future Mineral Resources Inc FMRRF
31 GF Score
Price $0.00
! 2 Warning Signs
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What is Future Mineral Resources Scaled Net Operating Assets?

Future Mineral Resources FMRRF -99.45% 31 Scaled Net Operating Assets is -0.46 as of Apr. 2026. GuruFocus rates FMRRF with a GF Score™ of 31/100. 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.

Future Mineral Resources's operating assets for the quarter that ended in Apr. 2026 was $0.05 Mil. Future Mineral Resources's operating liabilities for the quarter that ended in Apr. 2026 was $0.34 Mil. Future Mineral Resources's Total Assets for the quarter that ended in Jan. 2026 was $0.62 Mil. Therefore, Future Mineral Resources's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was -0.46.

Future Mineral Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Future Mineral 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.

Future Mineral Resources Scaled Net Operating Assets Chart

Future Mineral Resources Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 -0.06 -0.44 -1.14

Future Mineral Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -1.79 -1.96 -0.77 -0.38 -0.46

Future Mineral Resources Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Future Mineral 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.

Future Mineral Resources Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Future Mineral Resources's Scaled Net Operating Assets distribution charts can be found below:

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


FMRRF
31GF Score
Future Mineral Resources Inc FMRRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Future Mineral 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.

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

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(0.08-2.061)/1.745
=-1.14

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.603 - 0.523
=0.08

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.255 - 0.194 - 0
=2.061

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

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(0.053-0.338)/0.624
=-0.46

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.904 - 0.851
=0.053

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.811 - 0.473 - 0
=0.338

* 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 -0.46 mean?
Future Mineral Resources (FMRRF) has a Scaled Net Operating Assets of -0.46 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Future Mineral Resources and its competitors.
Is Future Mineral Resources' Scaled Net Operating Assets too high?
Future Mineral Resources' current Scaled Net Operating Assets is -0.46. Overall, Future Mineral Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Future Mineral Resources' Scaled Net Operating Assets compare to competitors?
Future Mineral Resources' Scaled Net Operating Assets of -0.46 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Future Mineral Resources and its competitors. Future Mineral Resources's current Scaled Net Operating Assets is -0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Mineral Resources stock overvalued right now?
Future Mineral Resources (FMRRF) has a current Scaled Net Operating Assets of -0.46. The current Scaled Net Operating Assets is -0.46. Future Mineral Resources' overall GF Score™ is 31/100 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 Future Mineral Resources (FMRRF), the current Scaled Net Operating Assets is -0.46 as of Apr. 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.

Future Mineral Resources Business Description

Other Exchanges FMR:Canada
Address 198 Davenport Road, Toronto, ON, CAN, M5R 1J2
Future Mineral Resources Inc. is focused on acquisitions and the development of brownfield, development-stage, and early production-stage mining projects in the Americas, Africa, Europe, and Australia. It invests its excess cash to maintain its capital for the acquisition of mining projects. Its main precious metals project is the East Sullivan Property in Quebec, Canada, and its main uranium projects are the Otish Property in Quebec, Canada, and the Orange Creek Property in the Northern Territory of Australia.
31GF Score

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