E Split (FRA:784) Scaled Net Operating Assets: 0.60 (As of Dec. 2025)


FRA:784 E Split Corp FRA:784
31 GF Score
Price €12.00
! 6 Warning Signs
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What is E Split Scaled Net Operating Assets?

E Split FRA:784 +2.56% 31 Scaled Net Operating Assets is 0.60 as of Dec. 2025. GuruFocus rates FRA:784 with a GF Score™ of 31/100. The stock has 6 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.

E Split's operating assets for the quarter that ended in Dec. 2025 was €363.32 Mil. E Split's operating liabilities for the quarter that ended in Dec. 2025 was €143.28 Mil. E Split's Total Assets for the quarter that ended in Jun. 2025 was €364.67 Mil. Therefore, E Split's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.60.

FRA:784
31GF Score
E Split Corp FRA:784
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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E Split 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.

E Split'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 )
=(363.324-143.283)/424.989
=0.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=370.82 - 7.496
=363.324

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=143.283 - 0 - 0
=143.283

E Split'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: Jun. 2025 )
=(363.324-143.283)/364.674
=0.60

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=370.82 - 7.496
=363.324

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=143.283 - 0 - 0
=143.283

* 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 0.60 mean?
E Split (FRA:784) has a Scaled Net Operating Assets of 0.60 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 E Split and its competitors.
Is E Split's Scaled Net Operating Assets too high?
E Split's current Scaled Net Operating Assets is 0.60. Overall, E Split has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does E Split's Scaled Net Operating Assets compare to BLK and BX?
E Split's Scaled Net Operating Assets of 0.60 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 E Split and its competitors. E Split's current Scaled Net Operating Assets is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Split stock overvalued right now?
E Split (FRA:784) has a current Scaled Net Operating Assets of 0.60. The current Scaled Net Operating Assets is 0.60. E Split's overall GF Score™ is 31/100 with 6 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 E Split (FRA:784), the current Scaled Net Operating Assets is 0.60 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.

E Split Business Description

Address 8 Spadina Avenue, Suite 3100, Toronto, ON, CAN, M5V0S8
E Split Corp is a mutual fund company. The company has a portfolio comprised of common shares of Enbridge, a North American oil and gas pipeline, gas processing, and natural gas distribution company. Its investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, and for Class A Shares, to give the holders non-cumulative monthly cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the Portfolio.
31GF 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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