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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
NRX Pharmaceuticals's operating assets for the quarter that ended in Mar. 2026 was €4.49 Mil. NRX Pharmaceuticals's operating liabilities for the quarter that ended in Mar. 2026 was €21.44 Mil. NRX Pharmaceuticals's Total Assets for the quarter that ended in Dec. 2025 was €11.06 Mil. Therefore, NRX Pharmaceuticals's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -1.53.
NRX Pharmaceuticals Scaled Net Operating Assets Related Terms
NRX Pharmaceuticals Scaled Net Operating Assets Historical Data
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The historical data trend for NRX Pharmaceuticals'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.
NRX Pharmaceuticals Scaled Net Operating Assets Chart
FRA:B1Q vs CRBP, PRQR, TNYA: Scaled Net Operating Assets Comparison
For the Biotechnology subindustry, NRX Pharmaceuticals'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.
NRX Pharmaceuticals Scaled Net Operating Assets vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, NRX Pharmaceuticals's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where NRX Pharmaceuticals's Scaled Net Operating Assets falls into.
* 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 -1.53 mean?
NRX Pharmaceuticals (FRA:B1Q) has a Scaled Net Operating Assets of -1.53 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 NRX Pharmaceuticals and its competitors.
Is NRX Pharmaceuticals' Scaled Net Operating Assets too high?
NRX Pharmaceuticals' current Scaled Net Operating Assets is -1.53. Overall, NRX Pharmaceuticals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does NRX Pharmaceuticals' Scaled Net Operating Assets compare to CRBP and PRQR?
NRX Pharmaceuticals' Scaled Net Operating Assets of -1.53 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Scaled Net Operating Assets depends on the Biotechnology 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 NRX Pharmaceuticals and its competitors. NRX Pharmaceuticals's current Scaled Net Operating Assets is -1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRX Pharmaceuticals stock overvalued right now?
NRX Pharmaceuticals (FRA:B1Q) has a current Scaled Net Operating Assets of -1.53. The current Scaled Net Operating Assets is -1.53. NRX Pharmaceuticals' overall GF Score™ is 33/100 with 4 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 NRX Pharmaceuticals (FRA:B1Q), the current Scaled Net Operating Assets is -1.53 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.
NRX Pharmaceuticals Inc is a clinical-stage, small-molecule pharmaceutical company that develops and plans to distribute novel therapeutics for the treatment of central nervous system disorders and life-threatening pulmonary diseases. The company is developing NRX-100/101, the first sequential drug regimen for bipolar depression in patients with acute suicidal ideation and behavior.
33GF Score
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