E3 Lithium (FRA:OW3) Scaled Net Operating Assets: 0.70 (As of Mar. 2026)


FRA:OW3 E3 Lithium Ltd FRA:OW3
30 GF Score
Price €0.68
! 1 Warning Sign
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What is E3 Lithium Scaled Net Operating Assets?

E3 Lithium FRA:OW3 +2.10% 30 Scaled Net Operating Assets is 0.70 as of Mar. 2026. GuruFocus rates FRA:OW3 with a GF Score™ of 30/100. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

E3 Lithium's operating assets for the quarter that ended in Mar. 2026 was €32.92 Mil. E3 Lithium's operating liabilities for the quarter that ended in Mar. 2026 was €5.36 Mil. E3 Lithium's Total Assets for the quarter that ended in Dec. 2025 was €39.22 Mil. Therefore, E3 Lithium's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.70.


E3 Lithium Scaled Net Operating Assets Historical Data

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The historical data trend for E3 Lithium'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.

E3 Lithium Scaled Net Operating Assets Chart

E3 Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.81 0.76 0.51 0.67

E3 Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.74 0.81 0.90 0.70

E3 Lithium Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, E3 Lithium'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.


E3 Lithium Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, E3 Lithium's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where E3 Lithium's Scaled Net Operating Assets falls into.


FRA:OW3
30GF Score
E3 Lithium Ltd FRA:OW3
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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E3 Lithium 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.

E3 Lithium'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 )
=(29.116-4.346)/36.846
=0.67

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39.216 - 10.1
=29.116

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.811 - 0.315 - 0.15
=4.346

E3 Lithium'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 )
=(32.915-5.363)/39.216
=0.70

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=39.537 - 6.622
=32.915

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.809 - 0.293 - 0.153
=5.363

* 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?
E3 Lithium (FRA:OW3) has a Scaled Net Operating Assets of 0.70 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 E3 Lithium and its competitors.
Is E3 Lithium's Scaled Net Operating Assets too high?
E3 Lithium's current Scaled Net Operating Assets is 0.70. Overall, E3 Lithium has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does E3 Lithium's Scaled Net Operating Assets compare to competitors?
E3 Lithium's Scaled Net Operating Assets of 0.70 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 E3 Lithium and its competitors. E3 Lithium'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 E3 Lithium stock overvalued right now?
E3 Lithium (FRA:OW3) has a current Scaled Net Operating Assets of 0.70. The current Scaled Net Operating Assets is 0.70. E3 Lithium's overall GF Score™ is 30/100 with 1 warning sign 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 E3 Lithium (FRA:OW3), the current Scaled Net Operating Assets is 0.70 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.

E3 Lithium Business Description

Address 300-5th Avenue SW, Suite 1520, Calgary, AB, CAN, T2P 3C4
E3 Lithium Ltd is a resource company focus on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company is developing the Clearwater Project, the first project contemplated in E3's Bashaw District. Developments for lithium in Alberta operate similarly to the well-established and sophisticated energy industry in Alberta. This provides transparent permitting, well-established social license. The company plan to build a fully integrated Lithium Brine Demonstration Facility (Demo Project) with the goal to produce battery grade lithium carbonate from brines located within the Leduc reservoir in Alberta.
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