Treasure ASA (FRA:T1A) Scaled Net Operating Assets: 1.05 (As of Jun. 2025)

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FRA:T1A Treasure ASA FRA:T1A
34 GF Score
Price €3.30
! 5 Warning Signs
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What is Treasure ASA Scaled Net Operating Assets?

Treasure ASA FRA:T1A 34 Scaled Net Operating Assets is 1.05 as of Jun. 2025. GuruFocus rates FRA:T1A with a GF Score™ of 34/100. The stock has 5 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.

Treasure ASA's operating assets for the quarter that ended in Jun. 2025 was €676.9 Mil. Treasure ASA's operating liabilities for the quarter that ended in Jun. 2025 was €0.0 Mil. Treasure ASA's Total Assets for the quarter that ended in Dec. 2024 was €642.3 Mil. Therefore, Treasure ASA's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2025 was 1.05.

FRA:T1A
34GF Score
Treasure ASA FRA:T1A
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Treasure ASA 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.

Treasure ASA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(641.439-0.123)/623.303
=1.03

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=642.263 - 0.824
=641.439

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.123 - 0 - 0
=0.123

Treasure ASA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2025 )
=(Operating Assets (Q: Jun. 2025 )-Operating Liabilities (Q: Jun. 2025 ))/Total Assets (Q: Dec. 2024 )
=(676.853-0.03)/642.263
=1.05

where

Operating Assets(Q: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=681.422 - 4.569
=676.853

* 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 1.05 mean?
Treasure ASA (FRA:T1A) has a Scaled Net Operating Assets of 1.05 as of Jun. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Treasure ASA and its competitors.
Is Treasure ASA's Scaled Net Operating Assets too high?
Treasure ASA's current Scaled Net Operating Assets is 1.05. Overall, Treasure ASA has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Treasure ASA's Scaled Net Operating Assets compare to BLK and BX?
Treasure ASA's Scaled Net Operating Assets of 1.05 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 Treasure ASA and its competitors. Treasure ASA's current Scaled Net Operating Assets is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Treasure ASA stock overvalued right now?
Treasure ASA (FRA:T1A) has a current Scaled Net Operating Assets of 1.05. The current Scaled Net Operating Assets is 1.05. Treasure ASA's overall GF Score™ is 34/100 with 5 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 Treasure ASA (FRA:T1A), the current Scaled Net Operating Assets is 1.05 as of Jun. 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.

Treasure ASA Business Description

Address Strandveien 20, Lysaker, NOR, NO-1366
Treasure ASA operates in the maritime and offshore logistics sectors. The group operates through three main segments: Maritime Services, New Energy, and Strategic Holdings and Investments. The main activities of the Maritime Services segment are the provision of products and services for the merchant fleet. This includes offerings such as marine chemicals, gases, ropes, welding, speciality lubricants, cleaning equipment, refrigeration equipment, and various maritime solutions. The main activities of the New Energy segment are the operation of supply bases for the offshore industry, and investments in infrastructure, logistics, offshore wind, remote solutions, and digital innovation. It generates majority of revenue from the Maritime Services segment.
34GF 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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