LINE (Lineage) Scaled Net Operating Assets: 0.89 (As of Mar. 2026)


LINE Lineage Inc LINE
11 GF Score
Price $43.45
! 7 Warning Signs
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What is Lineage Scaled Net Operating Assets?

Lineage LINE +1.97% 11 Scaled Net Operating Assets is 0.89 as of Mar. 2026. GuruFocus rates LINE with a GF Score™ of 11/100. The stock has 7 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.

Lineage's operating assets for the quarter that ended in Mar. 2026 was $18,981 Mil. Lineage's operating liabilities for the quarter that ended in Mar. 2026 was $1,940 Mil. Lineage's Total Assets for the quarter that ended in Dec. 2025 was $19,185 Mil. Therefore, Lineage's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.89.


Lineage Scaled Net Operating Assets Historical Data

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The historical data trend for Lineage'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.

Lineage Scaled Net Operating Assets Chart

Lineage Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.89 1.01 0.92 0.87 0.92

Lineage Quarterly Data
Dec21 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 0.89 0.92 0.88 0.89 0.89

LINE vs EGP, CUBE, FR: Scaled Net Operating Assets Comparison

For the REIT - Industrial subindustry, Lineage'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.


Lineage Scaled Net Operating Assets vs REITs Industry

For the REITs industry and Real Estate sector, Lineage's Scaled Net Operating Assets distribution charts can be found below:

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


LINE
11GF Score
Lineage Inc LINE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Lineage 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.

Lineage'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 )
=(19119-1953)/18661
=0.92

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19185 - 66
=19119

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9942 - 7987 - 2
=1953

Lineage'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 )
=(18981-1940)/19185
=0.89

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19048 - 67
=18981

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9993 - 8051 - 2
=1940

* 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 0.89 mean?
Lineage (LINE) has a Scaled Net Operating Assets of 0.89 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 Lineage and its competitors.
Is Lineage's Scaled Net Operating Assets too high?
Lineage's current Scaled Net Operating Assets is 0.89. Overall, Lineage has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Lineage's Scaled Net Operating Assets compare to EGP and CUBE?
Lineage's Scaled Net Operating Assets of 0.89 can be compared against companies in the REITs 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 REITs company?
A good Scaled Net Operating Assets depends on the REITs 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 Lineage and its competitors. Lineage's current Scaled Net Operating Assets is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lineage stock overvalued right now?
Lineage (LINE) has a current Scaled Net Operating Assets of 0.89. The current Scaled Net Operating Assets is 0.89. Lineage's overall GF Score™ is 11/100 with 7 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 Lineage (LINE), the current Scaled Net Operating Assets is 0.89 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.

Lineage Business Description

Industry Real EstateREITs
Other Exchanges L1NE34:Brazil
Address 46500 Humboldt Drive, Novi, MI, USA, 48377
Lineage Inc is a temperature-controlled warehouse real estate investment trust. It operates an interconnected temperature-controlled warehouse network, comprising approximately millions of square feet across several warehouses predominantly located in densely populated critical-distribution markets across North America, Asia-Pacific, and Europe. The company's reportable segments are: Global Warehousing, which utilizes the company's industrial real estate properties to provide temperature-controlled warehousing services to its customers; and Global Integrated Solutions, which complements warehousing with supply chain services. Maximum revenue for the company is generated from the Global Warehousing segment. Geographically, it generates maximum revenue from the United States.
11GF 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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