NSHRF (Northern Shield Resources) Scaled Net Operating Assets: 0.80 (As of Mar. 2026)


What is Northern Shield Resources Scaled Net Operating Assets?

Northern Shield Resources NSHRF Scaled Net Operating Assets is 0.80 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.

Northern Shield Resources's operating assets for the quarter that ended in Mar. 2026 was $2.77 Mil. Northern Shield Resources's operating liabilities for the quarter that ended in Mar. 2026 was $0.33 Mil. Northern Shield Resources's Total Assets for the quarter that ended in Dec. 2025 was $3.05 Mil. Therefore, Northern Shield Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.80.

Northern Shield Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Northern Shield 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.

Northern Shield Resources Scaled Net Operating Assets Chart

Northern Shield Resources 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 0.92 0.82 0.88 0.30 1.01

Northern Shield Resources 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 0.67 0.83 0.75 0.85 0.80

Northern Shield Resources Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Northern Shield 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.

Northern Shield Resources Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Northern Shield 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.

Northern Shield Resources'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 )
=(2.478-0.37)/2.088
=1.01

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.047 - 0.569
=2.478

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.37 - 0 - 0
=0.37

Northern Shield Resources'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 )
=(2.766-0.329)/3.047
=0.80

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.66 - 0.894
=2.766

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.329 - 0 - 0
=0.329

* 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 0.80 mean?
Northern Shield Resources (NSHRF) has a Scaled Net Operating Assets of 0.80 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 Northern Shield Resources and its competitors.
Is Northern Shield Resources' Scaled Net Operating Assets too high?
Northern Shield Resources' current Scaled Net Operating Assets is 0.80.
How does Northern Shield Resources' Scaled Net Operating Assets compare to competitors?
Northern Shield Resources' Scaled Net Operating Assets of 0.80 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 Northern Shield Resources and its competitors. Northern Shield Resources's current Scaled Net Operating Assets is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Shield Resources stock overvalued right now?
Northern Shield Resources (NSHRF) has a current Scaled Net Operating Assets of 0.80. The current Scaled Net Operating Assets is 0.80. 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 Northern Shield Resources (NSHRF), the current Scaled Net Operating Assets is 0.80 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.

Northern Shield Resources Business Description

Other Exchanges N9SA:GermanyNRN:Canada
Address 150 Elgin Street, 10th Floor, Ottawa, ON, CAN, K2P 1L4
Northern Shield Resources Inc is a Canadian-based company engaged in generating high-quality exploration targets that views greenfield exploration as an opportunity. It is in the business of identifying, acquiring, and exploring mineral properties located in Eastern Canada. The company has one operating segment involved in the exploration of resource properties. All its exploration activities were in Canada. It holds an interest in Root & Cellar, CSM, and IDEFIX properties.