IRRX (Integrated Rail & Resources) Scaled Net Operating Assets: -1.49 (As of Dec. 2025)

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What is Integrated Rail & Resources Scaled Net Operating Assets?

Integrated Rail & Resources IRRX Scaled Net Operating Assets is -1.49 as of Dec. 2025.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Integrated Rail & Resources's operating assets for the quarter that ended in Dec. 2025 was $22.89 Mil. Integrated Rail & Resources's operating liabilities for the quarter that ended in Dec. 2025 was $27.76 Mil. Integrated Rail & Resources's Total Assets for the quarter that ended in Dec. 2024 was $3.28 Mil. Therefore, Integrated Rail & Resources's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -1.49.

Integrated Rail & Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Integrated Rail & 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.

Integrated Rail & Resources Scaled Net Operating Assets Chart

Integrated Rail & Resources Annual Data
Trend Dec24 Dec25
Scaled Net Operating Assets
-5.64 -1.49

Integrated Rail & Resources Semi-Annual Data
Dec24 Dec25
Scaled Net Operating Assets -5.64 -1.49

IRRX vs : Scaled Net Operating Assets Comparison

For the Oil & Gas Refining & Marketing subindustry, Integrated Rail & 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.

Integrated Rail & Resources Scaled Net Operating Assets vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Integrated Rail & Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Integrated Rail & Resources's Scaled Net Operating Assets falls into.


Integrated Rail & 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.

Integrated Rail & Resources'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 )
=(22.887-27.762)/3.278
=-1.49

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=90.094 - 67.207
=22.887

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35.135 - 0.037 - 7.336
=27.762

Integrated Rail & Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Dec. 2024 )
=(22.887-27.762)/3.278
=-1.49

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=90.094 - 67.207
=22.887

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35.135 - 0.037 - 7.336
=27.762

* 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 -1.49 mean?
Integrated Rail & Resources (IRRX) has a Scaled Net Operating Assets of -1.49 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Integrated Rail & Resources and its competitors.
Is Integrated Rail & Resources' Scaled Net Operating Assets too high?
Integrated Rail & Resources' current Scaled Net Operating Assets is -1.49.
How does Integrated Rail & Resources' Scaled Net Operating Assets compare to ?
Integrated Rail & Resources' Scaled Net Operating Assets of -1.49 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas 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 Integrated Rail & Resources and its competitors. Integrated Rail & Resources's current Scaled Net Operating Assets is -1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrated Rail & Resources stock overvalued right now?
Integrated Rail & Resources (IRRX) has a current Scaled Net Operating Assets of -1.49. The current Scaled Net Operating Assets is -1.49. 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 Integrated Rail & Resources (IRRX), the current Scaled Net Operating Assets is -1.49 as of Dec. 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.

Integrated Rail & Resources Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 400 W. Morse Boulevard, Suite 220, Winter Park, FL, USA, 32789
Integrated Rail & Resources Inc is an energy infrastructure and processing company. The company is focused on upgrading and redeploying legacy oil sands and refining assets. The core assets of the company are located at Asphalt Ridge in northeastern Utah - one of the accessible oil sands deposits in the United States - where the Company owns fee-simple land, a permitted open-pit mine, and an existing large-scale extraction, refining and terminating facility in Vernal, Utah.