HDRSF (Highland Copper Co) Scaled Net Operating Assets: 0.45 (As of Mar. 2026)


HDRSF Highland Copper Co Inc HDRSF
36 GF Score
Price $0.11
! 1 Warning Sign
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What is Highland Copper Co Scaled Net Operating Assets?

Highland Copper Co HDRSF +1.83% 36 Scaled Net Operating Assets is 0.45 as of Mar. 2026. GuruFocus rates HDRSF with a GF Score™ of 36/100. 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.

Highland Copper Co's operating assets for the quarter that ended in Mar. 2026 was $22.70 Mil. Highland Copper Co's operating liabilities for the quarter that ended in Mar. 2026 was $2.92 Mil. Highland Copper Co's Total Assets for the quarter that ended in Dec. 2025 was $44.33 Mil. Therefore, Highland Copper Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.45.

Highland Copper Co Scaled Net Operating Assets Historical Data

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The historical data trend for Highland Copper Co'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.

Highland Copper Co Scaled Net Operating Assets Chart

Highland Copper Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 0.51 0.56 1.09 0.63

Highland Copper Co 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 0.67 0.71 0.73 0.77 0.45

HDRSF vs SCCO, FCX: Scaled Net Operating Assets Comparison

For the Copper subindustry, Highland Copper Co'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.

Highland Copper Co Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where Highland Copper Co's Scaled Net Operating Assets falls into.


HDRSF
36GF Score
Highland Copper Co Inc HDRSF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Highland Copper Co 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.

Highland Copper Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(39.839-3.007)/58.625
=0.63

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50.195 - 10.356
=39.839

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.542 - 9.535 - 0
=3.007

Highland Copper Co'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 )
=(22.695-2.923)/44.334
=0.45

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=43.457 - 20.762
=22.695

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.923 - 0 - 0
=2.923

* 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 0.45 mean?
Highland Copper Co (HDRSF) has a Scaled Net Operating Assets of 0.45 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 Highland Copper Co and its competitors.
Is Highland Copper Co's Scaled Net Operating Assets too high?
Highland Copper Co's current Scaled Net Operating Assets is 0.45. Overall, Highland Copper Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Highland Copper Co's Scaled Net Operating Assets compare to SCCO and FCX?
Highland Copper Co's Scaled Net Operating Assets of 0.45 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 Highland Copper Co and its competitors. Highland Copper Co's current Scaled Net Operating Assets is 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highland Copper Co stock overvalued right now?
Highland Copper Co (HDRSF) has a current Scaled Net Operating Assets of 0.45. The current Scaled Net Operating Assets is 0.45. Highland Copper Co's overall GF Score™ is 36/100 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 Highland Copper Co (HDRSF), the current Scaled Net Operating Assets is 0.45 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.

Highland Copper Co Business Description

Other Exchanges C3H1:GermanyHI:Canada
Address 130 King Street West, Suite 1900, Toronto, ON, CAN, M5X 1E3
Highland Copper Co Inc is a mineral exploration company principally engaged in the acquisition, exploration, and development of mineral properties. It is a copper development company, focused on sediment-hosted copper projects in the Copper Range District of the Upper Peninsula of Michigan, USA. The projects of the company are the Copperwood project, White Pine North project, UPX Property, and Keweenaw project.
36GF 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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