JAMGF (Tuktu Resources) Scaled Net Operating Assets: 0.12 (As of Mar. 2026)


What is Tuktu Resources Scaled Net Operating Assets?

Tuktu Resources JAMGF Scaled Net Operating Assets is 0.12 as of Mar. 2026. The stock has 2 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.

Tuktu Resources's operating assets for the quarter that ended in Mar. 2026 was $7.89 Mil. Tuktu Resources's operating liabilities for the quarter that ended in Mar. 2026 was $6.63 Mil. Tuktu Resources's Total Assets for the quarter that ended in Dec. 2025 was $10.81 Mil. Therefore, Tuktu Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.12.

Tuktu Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Tuktu 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.

Tuktu Resources Scaled Net Operating Assets Chart

Tuktu Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.64 -17.15 0.94 0.34 0.18

Tuktu 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 0.26 0.37 0.35 0.19 0.12

JAMGF vs COP, EOG, OXY: Scaled Net Operating Assets Comparison

For the Oil & Gas E&P subindustry, Tuktu 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.

Tuktu Resources Scaled Net Operating Assets vs Oil & Gas Industry

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

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


Tuktu 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.

Tuktu 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 )
=(9.27-6.364)/15.89
=0.18

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10.81 - 1.54
=9.27

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6.884 - 0.224 - 0.296
=6.364

Tuktu 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 )
=(7.893-6.633)/10.81
=0.12

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=9.128 - 1.235
=7.893

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.094 - 0.175 - 0.286
=6.633

* 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 0.12 mean?
Tuktu Resources (JAMGF) has a Scaled Net Operating Assets of 0.12 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 Tuktu Resources and its competitors.
Is Tuktu Resources' Scaled Net Operating Assets too high?
Tuktu Resources' current Scaled Net Operating Assets is 0.12.
How does Tuktu Resources' Scaled Net Operating Assets compare to COP and EOG?
Tuktu Resources' Scaled Net Operating Assets of 0.12 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 Tuktu Resources and its competitors. Tuktu Resources's current Scaled Net Operating Assets is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tuktu Resources stock overvalued right now?
Based on GuruFocus' analysis, Tuktu Resources (JAMGF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.06, compared to a current price of $0.01 — trading 85% below its estimated fair value. The current Scaled Net Operating Assets is 0.12. 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 Tuktu Resources (JAMGF), the current Scaled Net Operating Assets is 0.12 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.

Tuktu Resources Business Description

Industry EnergyOil & Gas
Other Exchanges TUK:Canada
Address 960, 630 - 6th Avenue SW, Calgary, AB, CAN, T2P 0S8
Tuktu Resources Ltd is engaged in the business of oil and natural gas exploration, development, and production. It has gathered a block of developed and undeveloped land harboring at least three light oil targets, an extensive fractured sweet gas reservoir, and a fractured light oil reservoir at the edge of the foothills belt in Southwestern Alberta Deep Basin & Foothills region for its oil and natural gas exploration operations.