Tier One Silver (FRA:TOV0) Scaled Net Operating Assets: -0.07 (As of Mar. 2026)

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What is Tier One Silver Scaled Net Operating Assets?

Tier One Silver FRA:TOV0 -10.62% Scaled Net Operating Assets is -0.07 as of Mar. 2026. 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.

Tier One Silver's operating assets for the quarter that ended in Mar. 2026 was €1.62 Mil. Tier One Silver's operating liabilities for the quarter that ended in Mar. 2026 was €1.88 Mil. Tier One Silver's Total Assets for the quarter that ended in Dec. 2025 was €3.62 Mil. Therefore, Tier One Silver's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.07.

Tier One Silver Scaled Net Operating Assets Historical Data

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The historical data trend for Tier One Silver'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.

Tier One Silver Scaled Net Operating Assets Chart

Tier One Silver Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.36 0.43 0.29 0.09 -0.03

Tier One Silver 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 -0.01 -0.13 0.38 -0.01 -0.07

FRA:TOV0 vs HL: Scaled Net Operating Assets Comparison

For the Other Precious Metals & Mining subindustry, Tier One Silver'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.

Tier One Silver Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where Tier One Silver's Scaled Net Operating Assets falls into.


Tier One Silver 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.

Tier One Silver'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 )
=(1.211-1.254)/1.313
=-0.03

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.623 - 2.412
=1.211

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.254 - 0 - 0
=1.254

Tier One Silver'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 )
=(1.616-1.882)/3.623
=-0.07

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.804 - 1.188
=1.616

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.882 - 0 - 0
=1.882

* 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 -0.07 mean?
Tier One Silver (FRA:TOV0) has a Scaled Net Operating Assets of -0.07 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 Tier One Silver and its competitors.
Is Tier One Silver's Scaled Net Operating Assets too high?
Tier One Silver's current Scaled Net Operating Assets is -0.07.
How does Tier One Silver's Scaled Net Operating Assets compare to HL?
Tier One Silver's Scaled Net Operating Assets of -0.07 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 Tier One Silver and its competitors. Tier One Silver's current Scaled Net Operating Assets is -0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tier One Silver stock overvalued right now?
Tier One Silver (FRA:TOV0) has a current Scaled Net Operating Assets of -0.07. The current Scaled Net Operating Assets is -0.07. 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 Tier One Silver (FRA:TOV0), the current Scaled Net Operating Assets is -0.07 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.

Tier One Silver Business Description

Other Exchanges TOV0:GermanyTSLV:Canada
Address 997 Seymour Street, No 1300, Suite 250, Vancouver, BC, CAN, V6B 3M1
Tier One Silver Inc is principally engaged in the acquisition and exploration of mineral resource property interests with a focus on South America. The company is an exploration company focused on creating value for shareholders and stakeholders through the discovery of world-class silver, gold and copper deposits in Peru. It is focused on flagship exploration project, Curibaya.