Polar Resources AS (OSL:POLAR) Scaled Net Operating Assets: -92.52 (As of Dec. 2025)

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OSL:POLAR Polar Resources AS OSL:POLAR
6 GF Score
Price kr4.79
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What is Polar Resources AS Scaled Net Operating Assets?

Polar Resources AS OSL:POLAR +4.59% 6 Scaled Net Operating Assets is -92.52 as of Dec. 2025. GuruFocus rates OSL:POLAR with a GF Score™ of 6/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Polar Resources AS's operating assets for the quarter that ended in Dec. 2025 was kr0.01 Mil. Polar Resources AS's operating liabilities for the quarter that ended in Dec. 2025 was kr7.50 Mil. Polar Resources AS's Total Assets for the quarter that ended in Dec. 2024 was kr0.08 Mil. Therefore, Polar Resources AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -92.52.


Polar Resources AS Scaled Net Operating Assets Historical Data

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The historical data trend for Polar Resources AS'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.

Polar Resources AS Scaled Net Operating Assets Chart

Polar Resources AS Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
-0.18 -3.67 -92.52

Polar Resources AS Quarterly Data
Dec23 Dec24 Dec25
Scaled Net Operating Assets -0.18 -3.67 -92.52

Polar Resources AS Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Polar Resources AS'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.


Polar Resources AS Scaled Net Operating Assets vs Metals & Mining Industry

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

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


OSL:POLAR
6GF Score
Polar Resources AS OSL:POLAR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Polar Resources AS 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.

Polar Resources AS'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 )
=(0.006-7.5)/0.081
=-92.52

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.052 - 0.046
=0.006

Polar Resources AS's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Dec. 2024 )
=(0.006-7.5)/0.081
=-92.52

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.052 - 0.046
=0.006

* 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 -92.52 mean?
Polar Resources AS (OSL:POLAR) has a Scaled Net Operating Assets of -92.52 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 Polar Resources AS and its competitors.
Is Polar Resources AS's Scaled Net Operating Assets too high?
Polar Resources AS's current Scaled Net Operating Assets is -92.52. Overall, Polar Resources AS has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Polar Resources AS's Scaled Net Operating Assets compare to competitors?
Polar Resources AS's Scaled Net Operating Assets of -92.52 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 Polar Resources AS and its competitors. Polar Resources AS's current Scaled Net Operating Assets is -92.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Resources AS stock overvalued right now?
Polar Resources AS (OSL:POLAR) has a current Scaled Net Operating Assets of -92.52. The current Scaled Net Operating Assets is -92.52. Polar Resources AS's overall GF Score™ is 6/100. 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 Polar Resources AS (OSL:POLAR), the current Scaled Net Operating Assets is -92.52 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.

Polar Resources AS Business Description

Address Tjuvholmen alle 16, Oslo, NOR, 0252
Polar Resources AS is focused on the fragmented junior mining sector in Norway. The company is engaged in mineral exploration and natural resource asset acquisitions. Its business activities include mineral exploration in Norway and the acquisition of assets in the natural resources industry. The company holds exploration licences covering four areas in Central Norway with reported occurrences of copper and zinc mineralisation. It also pursues acquisitions of oil and gas assets in Europe, Latin America, and Southeast Asia.
6GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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