HSPOF (Horizon Space Acquisition I) Scaled Net Operating Assets: -1.12 (As of Mar. 2026)


HSPOF Horizon Space Acquisition I Corp HSPOF
37 GF Score
Price $11.41
! 4 Warning Signs
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What is Horizon Space Acquisition I Scaled Net Operating Assets?

Horizon Space Acquisition I HSPOF 37 Scaled Net Operating Assets is -1.12 as of Mar. 2026. GuruFocus rates HSPOF with a GF Score™ of 37/100. The stock has 4 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.

Horizon Space Acquisition I's operating assets for the quarter that ended in Mar. 2026 was $1.20 Mil. Horizon Space Acquisition I's operating liabilities for the quarter that ended in Mar. 2026 was $2.58 Mil. Horizon Space Acquisition I's Total Assets for the quarter that ended in Dec. 2025 was $1.23 Mil. Therefore, Horizon Space Acquisition I's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -1.12.

Horizon Space Acquisition I Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Horizon Space Acquisition I'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.

Horizon Space Acquisition I Scaled Net Operating Assets Chart

Horizon Space Acquisition I Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.96 0.92 0.27 -0.07

Horizon Space Acquisition I Quarterly Data
Aug22 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 0.91 0.91 0.91 -0.06 -1.12

HSPOF vs GDST, EMCGF, NRDE: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Horizon Space Acquisition I'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.

Horizon Space Acquisition I Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Horizon Space Acquisition I's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Horizon Space Acquisition I's Scaled Net Operating Assets falls into.


HSPOF
37GF Score
Horizon Space Acquisition I Corp HSPOF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Space Acquisition I 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.

Horizon Space Acquisition I'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 )
=(1.195-2.622)/21.328
=-0.07

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.231 - 0.036
=1.195

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.096 - 0 - 3.474
=2.622

Horizon Space Acquisition I'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 )
=(1.201-2.582)/1.231
=-1.12

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1.227 - 0.026
=1.201

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.216 - 0 - 3.634
=2.582

* 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 -1.12 mean?
Horizon Space Acquisition I (HSPOF) has a Scaled Net Operating Assets of -1.12 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 Horizon Space Acquisition I and its competitors.
Is Horizon Space Acquisition I's Scaled Net Operating Assets too high?
Horizon Space Acquisition I's current Scaled Net Operating Assets is -1.12. Overall, Horizon Space Acquisition I has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Space Acquisition I's Scaled Net Operating Assets compare to GDST and EMCGF?
Horizon Space Acquisition I's Scaled Net Operating Assets of -1.12 can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial 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 Horizon Space Acquisition I and its competitors. Horizon Space Acquisition I's current Scaled Net Operating Assets is -1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Space Acquisition I stock overvalued right now?
Horizon Space Acquisition I (HSPOF) has a current Scaled Net Operating Assets of -1.12. The current Scaled Net Operating Assets is -1.12. Horizon Space Acquisition I's overall GF Score™ is 37/100 with 4 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 Horizon Space Acquisition I (HSPOF), the current Scaled Net Operating Assets is -1.12 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.

Horizon Space Acquisition I Business Description

Address 1412 Broadway, 21st Floor, Suite 21V, New York, NY, USA, 10018
Horizon Space Acquisition I Corp is a blank check company.
37GF Score

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