Silver North Resources (HAM:I90) Scaled Net Operating Assets: 0.56 (As of Mar. 2026)


HAM:I90 Silver North Resources Ltd HAM:I90
20 GF Score
Price €0.11
! 1 Warning Sign
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What is Silver North Resources Scaled Net Operating Assets?

Silver North Resources HAM:I90 +1.43% 20 Scaled Net Operating Assets is 0.56 as of Mar. 2026. GuruFocus rates HAM:I90 with a GF Score™ of 20/100. 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.

Silver North Resources's operating assets for the quarter that ended in Mar. 2026 was €6.32 Mil. Silver North Resources's operating liabilities for the quarter that ended in Mar. 2026 was €2.10 Mil. Silver North Resources's Total Assets for the quarter that ended in Dec. 2025 was €7.51 Mil. Therefore, Silver North Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.56.

Silver North Resources Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Silver North Resources'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.

Silver North Resources Scaled Net Operating Assets Chart

Silver North Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 0.87 0.69 0.79 0.89

Silver North Resources 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 0.81 0.88 0.92 0.84 0.56

HAM:I90 vs HL: Scaled Net Operating Assets Comparison

For the Other Precious Metals & Mining subindustry, Silver North Resources'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.

Silver North Resources Scaled Net Operating Assets vs Metals & Mining Industry

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

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


HAM:I90
20GF Score
Silver North Resources Ltd HAM:I90
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Silver North Resources 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.

Silver North Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(5.521-0.881)/5.189
=0.89

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.647 - 1.126
=5.521

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.881 - 0 - 0
=0.881

Silver North Resources'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 )
=(6.321-2.095)/7.513
=0.56

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14.255 - 7.934
=6.321

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.095 - 0 - 0
=2.095

* 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 0.56 mean?
Silver North Resources (HAM:I90) has a Scaled Net Operating Assets of 0.56 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 Silver North Resources and its competitors.
Is Silver North Resources' Scaled Net Operating Assets too high?
Silver North Resources' current Scaled Net Operating Assets is 0.56. Overall, Silver North Resources has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Silver North Resources' Scaled Net Operating Assets compare to HL?
Silver North Resources' Scaled Net Operating Assets of 0.56 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 Silver North Resources and its competitors. Silver North Resources's current Scaled Net Operating Assets is 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silver North Resources stock overvalued right now?
Silver North Resources (HAM:I90) has a current Scaled Net Operating Assets of 0.56. The current Scaled Net Operating Assets is 0.56. Silver North Resources' overall GF Score™ is 20/100 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 Silver North Resources (HAM:I90), the current Scaled Net Operating Assets is 0.56 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.

Silver North Resources Business Description

Other Exchanges TARSF:USASNAG:Canada
Address 325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Silver North Resources Ltd is a Canada-based company focused on silver discoveries in the Keno Hill Silver District of the Yukon, including the Haldane Project, where high-grade silver has been identified in drilling at two target areas. It holds the Tim Silver property in the southern Yukon, where partner-funded exploration has identified high-grade silver mineralization just 19 kilometers (km) from the Silvertip mine. The company has announced that it has agreed with Red Cloud Securities Inc. to act as the sole agent and bookrunner in connection.
20GF 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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