Vast Resources (LSE:VAST) Scaled Net Operating Assets: 0.15 (As of Oct. 2025)


What is Vast Resources Scaled Net Operating Assets?

Vast Resources LSE:VAST Scaled Net Operating Assets is 0.15 as of Oct. 2025. The stock has 4 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.

Vast Resources's operating assets for the quarter that ended in Oct. 2025 was £18.01 Mil. Vast Resources's operating liabilities for the quarter that ended in Oct. 2025 was £15.38 Mil. Vast Resources's Total Assets for the quarter that ended in Apr. 2025 was £17.82 Mil. Therefore, Vast Resources's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 0.15.

Vast Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Vast 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.

Vast Resources Scaled Net Operating Assets Chart

Vast Resources Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.56 0.55 0.21 0.10

Vast Resources Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.46 0.20 0.18 0.10 0.15

Vast Resources Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vast 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.

Vast Resources Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Vast 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.

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

Scaled Net Operating Assets (SNOA)(A: Apr. 2025 )
=(Operating Assets (A: Apr. 2025 )-Operating Liabilities (A: Apr. 2025 ))/Total Assets (A: Apr. 2024 )
=(17.801-16.135)/17.463
=0.10

where

Operating Assets(A: Apr. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17.816 - 0.015
=17.801

Operating Liabilities(A: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25.29 - 0 - 9.155
=16.135

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

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(18.009-15.375)/17.816
=0.15

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=18.955 - 0.946
=18.009

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24.192 - 0 - 8.817
=15.375

* 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 0.15 mean?
Vast Resources (LSE:VAST) has a Scaled Net Operating Assets of 0.15 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Vast Resources and its competitors.
Is Vast Resources' Scaled Net Operating Assets too high?
Vast Resources' current Scaled Net Operating Assets is 0.15.
How does Vast Resources' Scaled Net Operating Assets compare to competitors?
Vast Resources' Scaled Net Operating Assets of 0.15 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 Vast Resources and its competitors. Vast Resources's current Scaled Net Operating Assets is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vast Resources stock overvalued right now?
Vast Resources (LSE:VAST) has a current Scaled Net Operating Assets of 0.15. The current Scaled Net Operating Assets is 0.15. 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 Vast Resources (LSE:VAST), the current Scaled Net Operating Assets is 0.15 as of Oct. 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.

Vast Resources Business Description

Address c/o Arch Law Limited, 8 Bishopsgate, Huckletree Bishopsgate, London, GBR, EC2N 4BQ
Vast Resources PLC is focused on key mining opportunities in Romania, Zimbabwe and Tajikistan. The Group operates in one business segment, the development and mining of mineral assets. It is a resource development company producing copper concentrate, zinc concentrate and gold and silver concentrate from Manaila Polymetallic Mine based at Romania. It has interest in the underground mine, Baita Plai, which is a skarn deposit comprising veins in calcareous sediments in approximately eight distinct pipes. The geographical segments of the company includes Europe and Central Asia and Southern Africa. It has earned revenue from Europe and Central Asia.