Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Riot Platforms's operating assets for the quarter that ended in Mar. 2026 was MXN58,288 Mil. Riot Platforms's operating liabilities for the quarter that ended in Mar. 2026 was MXN2,996 Mil. Riot Platforms's Total Assets for the quarter that ended in Dec. 2025 was MXN70,884 Mil. Therefore, Riot Platforms's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.78.
Riot Platforms Scaled Net Operating Assets Related Terms
Riot Platforms Scaled Net Operating Assets Historical Data
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The historical data trend for Riot Platforms'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.
MEX:RIOT vs SNEX, SF, JEF: Scaled Net Operating Assets Comparison
For the Capital Markets subindustry, Riot Platforms'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.
Riot Platforms Scaled Net Operating Assets vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Riot Platforms's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Riot Platforms's Scaled Net Operating Assets falls into.
* 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 0.78 mean?
Riot Platforms (MEX:RIOT) has a Scaled Net Operating Assets of 0.78 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 Riot Platforms and its competitors.
Is Riot Platforms' Scaled Net Operating Assets too high?
Riot Platforms' current Scaled Net Operating Assets is 0.78. Overall, Riot Platforms has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Scaled Net Operating Assets compare to SNEX and SF?
Riot Platforms' Scaled Net Operating Assets of 0.78 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 Riot Platforms and its competitors. Riot Platforms's current Scaled Net Operating Assets is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (MEX:RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN236.50, compared to a current price of MXN499.37 — trading 111.2% above its estimated fair value. The current Scaled Net Operating Assets is 0.78. Riot Platforms' overall GF Score™ is 65/100 with 8 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 Riot Platforms (MEX:RIOT), the current Scaled Net Operating Assets is 0.78 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.
Is Riot Platforms (MEX:RIOT) Overvalued in 2026?
Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued.
The current stock price of MXN499.37 is trading 111.2% above its estimated GF Value™ of MXN236.50.
GuruFocus considers Riot Platforms to be Significantly Overvalued.
Key valuation signals for MEX:RIOT:
Scaled Net Operating Assets: 0.78
GF Value™: MXN236.50 vs. price of MXN499.37 (111.2% above fair value)
No single metric tells the full story. See the MEX:RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
65GF Score
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