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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.
Grayscale Investments's operating assets for the quarter that ended in Sep. 2025 was $41.23 Mil. Grayscale Investments's operating liabilities for the quarter that ended in Sep. 2025 was $26.72 Mil. Grayscale Investments's Total Assets for the quarter that ended in Jun. 2025 was $123.01 Mil. Therefore, Grayscale Investments's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2025 was 0.12.
Grayscale Investments Scaled Net Operating Assets Related Terms
Grayscale Investments Scaled Net Operating Assets Historical Data
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The historical data trend for Grayscale Investments'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.
Grayscale Investments Scaled Net Operating Assets Chart
For the Asset Management subindustry, Grayscale Investments'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.
Grayscale Investments Scaled Net Operating Assets vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Grayscale Investments's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Grayscale Investments'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 0.12 mean?
Grayscale Investments (GRAY) has a Scaled Net Operating Assets of 0.12 as of Sep. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Grayscale Investments and its competitors.
Is Grayscale Investments' Scaled Net Operating Assets too high?
Grayscale Investments' current Scaled Net Operating Assets is 0.12.
How does Grayscale Investments' Scaled Net Operating Assets compare to ?
Grayscale Investments' Scaled Net Operating Assets of 0.12 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 Grayscale Investments and its competitors. Grayscale Investments's current Scaled Net Operating Assets is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Investments stock overvalued right now?
Grayscale Investments (GRAY) has a current Scaled Net Operating Assets of 0.12. The current Scaled Net Operating Assets is 0.12. 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 Grayscale Investments (GRAY), the current Scaled Net Operating Assets is 0.12 as of Sep. 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.
Grayscale Investments Inc is a digital asset-focused investment platform. Its platform spans the full spectrum of institutional-grade solutions, providing investors with the broadest and diverse suite of digital asset-focused investment products in the United States based on number of products. The company generates revenue from management fees. The company's key offerings include ETFs/ETPs, Publicly Traded Funds, and Private Funds.
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