MMTIF (Micromem Technologies) Scaled Net Operating Assets: -3.90 (As of Jan. 2026)


What is Micromem Technologies Scaled Net Operating Assets?

Micromem Technologies MMTIF Scaled Net Operating Assets is -3.90 as of Jan. 2026. The stock has 3 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.

Micromem Technologies's operating assets for the quarter that ended in Jan. 2026 was $0.05 Mil. Micromem Technologies's operating liabilities for the quarter that ended in Jan. 2026 was $1.25 Mil. Micromem Technologies's Total Assets for the quarter that ended in Oct. 2025 was $0.31 Mil. Therefore, Micromem Technologies's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was -3.90.

Micromem Technologies Scaled Net Operating Assets Historical Data

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The historical data trend for Micromem 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.

Micromem Technologies Scaled Net Operating Assets Chart

Micromem Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.88 -3.84 -12.16 -17.27 -5.11

Micromem Technologies Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -7.81 -5.86 -4.24 -3.83 -3.90

MMTIF vs NVDA, AVGO, MU: Scaled Net Operating Assets Comparison

For the Semiconductors subindustry, Micromem 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.

Micromem Technologies Scaled Net Operating Assets vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micromem Technologies's Scaled Net Operating Assets distribution charts can be found below:

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


Micromem 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.

Micromem Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(0.058-1.503)/0.283
=-5.11

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.308 - 0.25
=0.058

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.912 - 0.06 - 4.349
=1.503

Micromem Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Oct. 2025 )
=(0.049-1.249)/0.308
=-3.90

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.272 - 0.223
=0.049

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.899 - 0.009 - 4.641
=1.249

* 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 -3.90 mean?
Micromem Technologies (MMTIF) has a Scaled Net Operating Assets of -3.90 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Micromem Technologies and its competitors.
Is Micromem Technologies' Scaled Net Operating Assets too high?
Micromem Technologies' current Scaled Net Operating Assets is -3.90.
How does Micromem Technologies' Scaled Net Operating Assets compare to NVDA and AVGO?
Micromem Technologies' Scaled Net Operating Assets of -3.90 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors 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 Micromem Technologies and its competitors. Micromem Technologies's current Scaled Net Operating Assets is -3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micromem Technologies stock overvalued right now?
Micromem Technologies (MMTIF) has a current Scaled Net Operating Assets of -3.90. The current Scaled Net Operating Assets is -3.90. 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 Micromem Technologies (MMTIF), the current Scaled Net Operating Assets is -3.90 as of Jan. 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.

Micromem Technologies Business Description

Other Exchanges MRM:Canada
Address 121 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2K1
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.