MURCF (Lightspeed Discoveries) Scaled Net Operating Assets: -51.40 (As of Mar. 2026)


What is Lightspeed Discoveries Scaled Net Operating Assets?

Lightspeed Discoveries MURCF Scaled Net Operating Assets is -51.40 as of Mar. 2026. 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.

Lightspeed Discoveries's operating assets for the quarter that ended in Mar. 2026 was $0.01 Mil. Lightspeed Discoveries's operating liabilities for the quarter that ended in Mar. 2026 was $0.53 Mil. Lightspeed Discoveries's Total Assets for the quarter that ended in Dec. 2025 was $0.01 Mil. Therefore, Lightspeed Discoveries's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -51.40.

Lightspeed Discoveries Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Lightspeed Discoveries'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.

Lightspeed Discoveries Scaled Net Operating Assets Chart

Lightspeed Discoveries 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 -11.00 -12.50 -46.11 -43.70 -55.33

Lightspeed Discoveries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 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 -49.44 -48.10 -48.60 -49.80 -51.40

Lightspeed Discoveries Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lightspeed Discoveries'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.

Lightspeed Discoveries Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Lightspeed Discoveries 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.

Lightspeed Discoveries'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 )
=(0.01-0.508)/0.009
=-55.33

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.01 - 0
=0.01

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.599 - 0 - 0.091
=0.508

Lightspeed Discoveries'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 )
=(0.011-0.525)/0.01
=-51.40

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.011 - 0
=0.011

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.616 - 0 - 0.091
=0.525

* 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 -51.40 mean?
Lightspeed Discoveries (MURCF) has a Scaled Net Operating Assets of -51.40 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 Lightspeed Discoveries and its competitors.
Is Lightspeed Discoveries' Scaled Net Operating Assets too high?
Lightspeed Discoveries' current Scaled Net Operating Assets is -51.40.
How does Lightspeed Discoveries' Scaled Net Operating Assets compare to competitors?
Lightspeed Discoveries' Scaled Net Operating Assets of -51.40 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 Lightspeed Discoveries and its competitors. Lightspeed Discoveries's current Scaled Net Operating Assets is -51.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightspeed Discoveries stock overvalued right now?
Lightspeed Discoveries (MURCF) has a current Scaled Net Operating Assets of -51.40. The current Scaled Net Operating Assets is -51.40. 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 Lightspeed Discoveries (MURCF), the current Scaled Net Operating Assets is -51.40 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.

Lightspeed Discoveries Business Description

Other Exchanges LSD.H:Canada
Address 595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Lightspeed Discoveries Inc is a Canada based exploration stage company. It is engaged in the business process of exploring and developing mineral properties.