Halo Minerals (LSE:HALO) Scaled Net Operating Assets: -0.17 (As of Dec. 2025)

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LSE:HALO Halo Minerals PLC LSE:HALO
15 GF Score
Price £0.11
! 2 Warning Signs
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What is Halo Minerals Scaled Net Operating Assets?

Halo Minerals LSE:HALO 15 Scaled Net Operating Assets is -0.17 as of Dec. 2025. GuruFocus rates LSE:HALO with a GF Score™ of 15/100. 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.

Halo Minerals's operating assets for the quarter that ended in Dec. 2025 was £3.92 Mil. Halo Minerals's operating liabilities for the quarter that ended in Dec. 2025 was £4.57 Mil. Halo Minerals's Total Assets for the quarter that ended in Jun. 2025 was £3.81 Mil. Therefore, Halo Minerals's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.17.


Halo Minerals Scaled Net Operating Assets Historical Data

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The historical data trend for Halo Minerals'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.

Halo Minerals Scaled Net Operating Assets Chart

Halo Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.31 -2.78 -218.00 -245.50 -25.08

Halo Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
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 -218.00 0.00 0.00 -17.73 -0.17

LSE:HALO vs SCCO, FCX: Scaled Net Operating Assets Comparison

For the Copper subindustry, Halo Minerals'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.


Halo Minerals Scaled Net Operating Assets vs Metals & Mining Industry

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

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


LSE:HALO
15GF Score
Halo Minerals PLC LSE:HALO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Halo Minerals 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.

Halo Minerals'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 )
=(3.916-4.568)/0.026
=-25.08

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.272 - 0.356
=3.916

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.568 - 0 - 0
=4.568

Halo Minerals'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: Jun. 2025 )
=(3.916-4.568)/3.81
=-0.17

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.272 - 0.356
=3.916

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.568 - 0 - 0
=4.568

* 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 -0.17 mean?
Halo Minerals (LSE:HALO) has a Scaled Net Operating Assets of -0.17 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 Halo Minerals and its competitors.
Is Halo Minerals' Scaled Net Operating Assets too high?
Halo Minerals' current Scaled Net Operating Assets is -0.17. Overall, Halo Minerals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Halo Minerals' Scaled Net Operating Assets compare to SCCO and FCX?
Halo Minerals' Scaled Net Operating Assets of -0.17 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 Halo Minerals and its competitors. Halo Minerals's current Scaled Net Operating Assets is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halo Minerals stock overvalued right now?
Halo Minerals (LSE:HALO) has a current Scaled Net Operating Assets of -0.17. The current Scaled Net Operating Assets is -0.17. Halo Minerals' overall GF Score™ is 15/100 with 2 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 Halo Minerals (LSE:HALO), the current Scaled Net Operating Assets is -0.17 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.

Halo Minerals Business Description

Address C/O Orana Corporate LLP, 25 Eccleston Place, London, GBR, SW1W 9NF
Halo Minerals PLC is a UK-based mining company dedicated to the exploration, development, and production of battery metals, especially copper. It concentrates in regions rich in copper and other battery metals, specifically Latin America and Africa. The company operates the Playa Verde copper tailings project in the Atacama region of Chile.
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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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