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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Obsidian Therapeutics's operating assets for the quarter that ended in Dec. 2025 was $8.09 Mil. Obsidian Therapeutics's operating liabilities for the quarter that ended in Dec. 2025 was $350.33 Mil. Obsidian Therapeutics's Total Assets for the quarter that ended in Dec. 2024 was $183.71 Mil. Therefore, Obsidian Therapeutics's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -1.86.
Obsidian Therapeutics Scaled Net Operating Assets Related Terms
Obsidian Therapeutics Scaled Net Operating Assets Historical Data
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The historical data trend for Obsidian Therapeutics'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.
Obsidian Therapeutics Scaled Net Operating Assets Chart
Obsidian Therapeutics Annual Data
Trend
Dec24
Dec25
Scaled Net Operating Assets
-1.83
-1.86
Obsidian Therapeutics Semi-Annual Data
Dec24
Dec25
Scaled Net Operating Assets
-1.83
-1.86
OBX vs : Scaled Net Operating Assets Comparison
For the Biotechnology subindustry, Obsidian Therapeutics'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.
Obsidian Therapeutics Scaled Net Operating Assets vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Obsidian Therapeutics's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Obsidian Therapeutics'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 -1.86 mean?
Obsidian Therapeutics (OBX) has a Scaled Net Operating Assets of -1.86 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Obsidian Therapeutics and its competitors.
Is Obsidian Therapeutics' Scaled Net Operating Assets too high?
Obsidian Therapeutics' current Scaled Net Operating Assets is -1.86. Overall, Obsidian Therapeutics has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Obsidian Therapeutics' Scaled Net Operating Assets compare to ?
Obsidian Therapeutics' Scaled Net Operating Assets of -1.86 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Scaled Net Operating Assets depends on the Biotechnology 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 Obsidian Therapeutics and its competitors. Obsidian Therapeutics's current Scaled Net Operating Assets is -1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obsidian Therapeutics stock overvalued right now?
Obsidian Therapeutics (OBX) has a current Scaled Net Operating Assets of -1.86. The current Scaled Net Operating Assets is -1.86. Obsidian Therapeutics' overall GF Score™ is 8/100. 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 Obsidian Therapeutics (OBX), the current Scaled Net Operating Assets is -1.86 as of Dec. 2025. 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.
Obsidian Therapeutics Inc is a clinical-stage biopharmaceutical company harnessing novel protein-regulation technology to develop engineered tumor infiltrating lymphocytes (TIL) cell therapies for the treatment of patients with solid tumors. The company's proprietary cytoDRiVE platform is versatile and allows it to leverage drug responsive domains to control protein function, with its initial focus on TIL cell therapies developed from this platform (cytoTILs). The company's flagship product candidate, OBX-115, is a novel, genetically engineered, autologous TIL cell therapy currently in a Phase 2 clinical trial for the treatment of melanoma and a Phase 1 clinical trial for the treatment of non-small cell lung cancer.
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