MGTE (Marblegate Capital) Scaled Net Operating Assets: 0.89 (As of Mar. 2026)

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MGTE Marblegate Capital Corp MGTE
14 GF Score
Price $1.05
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What is Marblegate Capital Scaled Net Operating Assets?

Marblegate Capital MGTE +3.96% 14 Scaled Net Operating Assets is 0.89 as of Mar. 2026. GuruFocus rates MGTE with a GF Score™ of 14/100. 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.

Marblegate Capital's operating assets for the quarter that ended in Mar. 2026 was $700.95 Mil. Marblegate Capital's operating liabilities for the quarter that ended in Mar. 2026 was $66.39 Mil. Marblegate Capital's Total Assets for the quarter that ended in Dec. 2025 was $713.03 Mil. Therefore, Marblegate Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.89.


Marblegate Capital Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Marblegate Capital'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.

Marblegate Capital Scaled Net Operating Assets Chart

Marblegate Capital Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.00 0.00 0.92

Marblegate Capital Quarterly Data
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 0.00 0.00 0.89 0.93 0.89

MGTE vs ALIS, FGMC, LPAA: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Marblegate Capital'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.


Marblegate Capital Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Marblegate Capital's Scaled Net Operating Assets distribution charts can be found below:

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


MGTE
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Marblegate Capital Corp MGTE
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Marblegate Capital 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.

Marblegate Capital'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 )
=(687.718-69.641)/673.018
=0.92

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=713.032 - 25.314
=687.718

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=116.762 - 41.905 - 5.216
=69.641

Marblegate Capital'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 )
=(700.951-66.393)/713.032
=0.89

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=706.466 - 5.515
=700.951

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=112.788 - 40.725 - 5.67
=66.393

* 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?
Marblegate Capital (MGTE) 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 Marblegate Capital and its competitors.
Is Marblegate Capital's Scaled Net Operating Assets too high?
Marblegate Capital's current Scaled Net Operating Assets is 0.89. Overall, Marblegate Capital has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Marblegate Capital's Scaled Net Operating Assets compare to ALIS and FGMC?
Marblegate Capital's Scaled Net Operating Assets of 0.89 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial Services 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 Marblegate Capital and its competitors. Marblegate Capital'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 Marblegate Capital stock overvalued right now?
Marblegate Capital (MGTE) has a current Scaled Net Operating Assets of 0.89. The current Scaled Net Operating Assets is 0.89. Marblegate Capital's overall GF Score™ is 14/100 with 1 warning sign 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 Marblegate Capital (MGTE), 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.

Marblegate Capital Business Description

Address 5 Greenwich Office Park, Suite 400, Greenwich, CT, USA, 06831
Marblegate Capital Corp is a vertically integrated fleet operator and specialty finance lender in the New York City (NYC) taxi market, focused on NYC taxi medallions. Its business is organized into two segments: Specialty Finance, which owns and services loans collateralized by taxi medallions and generates interest income, fees, and capital gains, with defaulted loans transferring medallions to Fleet Operations; and Fleet Operations, which generates maximum revenue by owning and operating taxi medallions through a licensed fleet, while also identifying buyers who may purchase medallions through seller financing, creating new loans for the Specialty Finance segment.
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