IRVRF (Irving Resources) Scaled Net Operating Assets: 0.93 (As of Nov. 2025)


IRVRF Irving Resources Inc IRVRF
34 GF Score
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What is Irving Resources Scaled Net Operating Assets?

Irving Resources IRVRF 34 Scaled Net Operating Assets is 0.93 as of Nov. 2025. GuruFocus rates IRVRF with a GF Score™ of 34/100. 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.

Irving Resources's operating assets for the quarter that ended in Nov. 2025 was $31.86 Mil. Irving Resources's operating liabilities for the quarter that ended in Nov. 2025 was $0.18 Mil. Irving Resources's Total Assets for the quarter that ended in Aug. 2025 was $34.17 Mil. Therefore, Irving Resources's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2025 was 0.93.


Irving Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Irving 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.

Irving Resources Scaled Net Operating Assets Chart

Irving Resources Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.88 0.95 0.90 0.81

Irving Resources Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 0.89 0.78 0.95 0.94 0.93

IRVRF vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, Irving 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.


Irving Resources Scaled Net Operating Assets vs Metals & Mining Industry

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

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


IRVRF
34GF Score
Irving Resources Inc IRVRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Irving 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.

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

Scaled Net Operating Assets (SNOA)(A: Feb. 2025 )
=(Operating Assets (A: Feb. 2025 )-Operating Liabilities (A: Feb. 2025 ))/Total Assets (A: Feb. 2024 )
=(30.569-0.559)/37.154
=0.81

where

Operating Assets(A: Feb. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32.728 - 2.159
=30.569

Operating Liabilities(A: Feb. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.67 - 0.033 - 0.078
=0.559

Irving Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2025 )
=(Operating Assets (Q: Nov. 2025 )-Operating Liabilities (Q: Nov. 2025 ))/Total Assets (Q: Aug. 2025 )
=(31.864-0.182)/34.172
=0.93

where

Operating Assets(Q: Nov. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=33.216 - 1.352
=31.864

Operating Liabilities(Q: Nov. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.253 - 0.016 - 0.055
=0.182

* 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 0.93 mean?
Irving Resources (IRVRF) has a Scaled Net Operating Assets of 0.93 as of Nov. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Irving Resources and its competitors.
Is Irving Resources' Scaled Net Operating Assets too high?
Irving Resources' current Scaled Net Operating Assets is 0.93. Overall, Irving Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Irving Resources' Scaled Net Operating Assets compare to NEM and AU?
Irving Resources' Scaled Net Operating Assets of 0.93 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 Irving Resources and its competitors. Irving Resources's current Scaled Net Operating Assets is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Irving Resources stock overvalued right now?
Irving Resources (IRVRF) has a current Scaled Net Operating Assets of 0.93. The current Scaled Net Operating Assets is 0.93. Irving Resources' overall GF Score™ is 34/100 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 Irving Resources (IRVRF), the current Scaled Net Operating Assets is 0.93 as of Nov. 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.

Irving Resources Business Description

Other Exchanges 1IR:GermanyIRV:Canada
Address 999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2
Irving Resources Inc is a Canadian-based mineral exploration company with precious metal projects in Japan and joint venture interests with Japan Oil, Gas, and Metals National Corporation (JOGMEC) in a rare earth element project in Africa and Canada. Its projects include the Omu Project, Yamagano Project, and Others.
34GF 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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