Quantum Blockchain Technologies (LSE:QBT) Scaled Net Operating Assets: 0.34 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Quantum Blockchain Technologies Scaled Net Operating Assets?

Quantum Blockchain Technologies LSE:QBT Scaled Net Operating Assets is 0.34 as of Dec. 2025. 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.

Quantum Blockchain Technologies's operating assets for the quarter that ended in Dec. 2025 was £1.63 Mil. Quantum Blockchain Technologies's operating liabilities for the quarter that ended in Dec. 2025 was £0.56 Mil. Quantum Blockchain Technologies's Total Assets for the quarter that ended in Jun. 2025 was £3.14 Mil. Therefore, Quantum Blockchain Technologies's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.34.

Quantum Blockchain Technologies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Quantum Blockchain Technologies'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.

Quantum Blockchain Technologies Scaled Net Operating Assets Chart

Quantum Blockchain Technologies 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 0.69 0.65 0.47 0.25 0.45

Quantum Blockchain Technologies Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.45 0.34 0.29 0.46 0.34

LSE:QBT vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, Quantum Blockchain Technologies'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.

Quantum Blockchain Technologies Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Quantum Blockchain Technologies's Scaled Net Operating Assets distribution charts can be found below:

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


Quantum Blockchain Technologies 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.

Quantum Blockchain Technologies'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 )
=(1.629-0.562)/2.39
=0.45

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.023 - 0.394
=1.629

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.364 - 0 - 6.802
=0.562

Quantum Blockchain Technologies'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 )
=(1.629-0.562)/3.138
=0.34

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.023 - 0.394
=1.629

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.364 - 0 - 6.802
=0.562

* 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 0.34 mean?
Quantum Blockchain Technologies (LSE:QBT) has a Scaled Net Operating Assets of 0.34 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 Quantum Blockchain Technologies and its competitors.
Is Quantum Blockchain Technologies' Scaled Net Operating Assets too high?
Quantum Blockchain Technologies' current Scaled Net Operating Assets is 0.34.
How does Quantum Blockchain Technologies' Scaled Net Operating Assets compare to MS and GS?
Quantum Blockchain Technologies' Scaled Net Operating Assets of 0.34 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Quantum Blockchain Technologies and its competitors. Quantum Blockchain Technologies's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quantum Blockchain Technologies stock overvalued right now?
Quantum Blockchain Technologies (LSE:QBT) has a current Scaled Net Operating Assets of 0.34. The current Scaled Net Operating Assets is 0.34. 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 Quantum Blockchain Technologies (LSE:QBT), the current Scaled Net Operating Assets is 0.34 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.

Quantum Blockchain Technologies Business Description

Other Exchanges BYA1:Germany
Address 1 Chancery Lane, First Floor, London, GBR, WC2A 1LF
Quantum Blockchain Technologies PLC is engaged in blockchain technology that includes cryptocurrency mining and other superior blockchain applications. Its investment program is focused on technology-related investments, with special regard to Quantum computing, Blockchain, Cryptocurrencies, and AI sectors.