Cross Country Healthcare (FRA:XXY) Scaled Net Operating Assets: 0.47 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:XXY Cross Country Healthcare Inc FRA:XXY
53 GF Score
Price €11.50
GF Value €9.07
! 6 Warning Signs
View Full Analysis

What is Cross Country Healthcare Scaled Net Operating Assets?

Cross Country Healthcare FRA:XXY 53 Scaled Net Operating Assets is 0.47 as of Mar. 2026. GuruFocus rates FRA:XXY with a GF Score™ of 53/100 and a GF Value™ of €9.07. 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.

Cross Country Healthcare's operating assets for the quarter that ended in Mar. 2026 was €298.8 Mil. Cross Country Healthcare's operating liabilities for the quarter that ended in Mar. 2026 was €117.8 Mil. Cross Country Healthcare's Total Assets for the quarter that ended in Dec. 2025 was €383.4 Mil. Therefore, Cross Country Healthcare's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.47.


Cross Country Healthcare Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cross Country Healthcare'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.

Cross Country Healthcare Scaled Net Operating Assets Chart

Cross Country Healthcare 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 1.48 0.89 0.47 0.52 0.33

Cross Country Healthcare 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 0.56 0.54 0.55 0.40 0.47

FRA:XXY vs SRTA, CYH, AUNA: Scaled Net Operating Assets Comparison

For the Medical Care Facilities subindustry, Cross Country Healthcare'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.


Cross Country Healthcare Scaled Net Operating Assets vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cross Country Healthcare's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cross Country Healthcare's Scaled Net Operating Assets falls into.


FRA:XXY
53GF Score
Cross Country Healthcare Inc FRA:XXY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cross Country Healthcare 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.

Cross Country Healthcare'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 )
=(290.542-105.735)/562.735
=0.33

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=383.404 - 92.862
=290.542

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=107.714 - 0.986 - 0.993
=105.735

Cross Country Healthcare'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 )
=(298.848-117.832)/383.404
=0.47

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=390.178 - 91.33
=298.848

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=119.6 - 0.925 - 0.843
=117.832

* 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 0.47 mean?
Cross Country Healthcare (FRA:XXY) has a Scaled Net Operating Assets of 0.47 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 Cross Country Healthcare and its competitors.
Is Cross Country Healthcare's Scaled Net Operating Assets too high?
Cross Country Healthcare's current Scaled Net Operating Assets is 0.47. Overall, Cross Country Healthcare has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Cross Country Healthcare's Scaled Net Operating Assets compare to SRTA and CYH?
Cross Country Healthcare's Scaled Net Operating Assets of 0.47 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Scaled Net Operating Assets depends on the Healthcare Providers & Services 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 Cross Country Healthcare and its competitors. Cross Country Healthcare's current Scaled Net Operating Assets is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Country Healthcare stock overvalued right now?
Cross Country Healthcare (FRA:XXY) has a current Scaled Net Operating Assets of 0.47. The stock's GF Value™ is €9.07, compared to a current price of €11.50 — trading 26.8% above its estimated fair value. The current Scaled Net Operating Assets is 0.47. Cross Country Healthcare's overall GF Score™ is 53/100 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 Cross Country Healthcare (FRA:XXY), the current Scaled Net Operating Assets is 0.47 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.

Is Cross Country Healthcare (FRA:XXY) Overvalued in 2026?

Based on GuruFocus' analysis, Cross Country Healthcare stock appears to be overvalued. The current stock price of €11.50 is trading 26.8% above its estimated GF Value™ of €9.07.

Key valuation signals for FRA:XXY:

  • Scaled Net Operating Assets: 0.47
  • GF Value™: €9.07 vs. price of €11.50 (26.8% above fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the FRA:XXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cross Country Healthcare Business Description

Other Exchanges CCRN:USA
Address 5201 Congress Avenue, Suite 160, Boca Raton, FL, USA, 33487
Cross Country Healthcare Inc is a healthcare workforce solutions company delivering an AI-powered digital platform and advisory services to help health systems manage their labor ecosystem. It operates through two reportable segments: Nursing and Allied Staffing, which generates maximum revenue and provides staffing, recruiting, total talent solutions, vendor neutral programs, managed service programs, education healthcare services, caregiver services to PACE programs and outsourcing services; and Physician Staffing, which provides licensed practitioners including certified registered nurse anesthetists, nurse practitioners and physician assistants on temporary assignments. The company recruits professionals nationally and places them with healthcare facilities across the United States.
53GF Score

Get the complete analysis for FRA:XXY

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.50
Price
€9.07
GF Value