Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Red Cat Holdings's operating assets for the quarter that ended in Mar. 2026 was $149.97 Mil. Red Cat Holdings's operating liabilities for the quarter that ended in Mar. 2026 was $29.35 Mil. Red Cat Holdings's Total Assets for the quarter that ended in Dec. 2025 was $273.68 Mil. Therefore, Red Cat Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.44.
Red Cat Holdings Scaled Net Operating Assets Related Terms
Red Cat Holdings Scaled Net Operating Assets Historical Data
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The historical data trend for Red Cat Holdings'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.
Red Cat Holdings Scaled Net Operating Assets Chart
RCAT vs DCO, AVEX, VVX: Scaled Net Operating Assets Comparison
For the Aerospace & Defense subindustry, Red Cat Holdings'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.
Red Cat Holdings Scaled Net Operating Assets vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Red Cat Holdings's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Red Cat Holdings'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 0.44 mean?
Red Cat Holdings (RCAT) has a Scaled Net Operating Assets of 0.44 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 Red Cat Holdings and its competitors.
Is Red Cat Holdings' Scaled Net Operating Assets too high?
Red Cat Holdings' current Scaled Net Operating Assets is 0.44. Overall, Red Cat Holdings has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Red Cat Holdings' Scaled Net Operating Assets compare to DCO and AVEX?
Red Cat Holdings' Scaled Net Operating Assets of 0.44 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Scaled Net Operating Assets depends on the Aerospace & Defense 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 Red Cat Holdings and its competitors. Red Cat Holdings's current Scaled Net Operating Assets is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Cat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Red Cat Holdings (RCAT) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.91, compared to a current price of $9.36 — trading 18.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.44. Red Cat Holdings' overall GF Score™ is 80/100 with 4 warning signs to review. 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 Red Cat Holdings (RCAT), the current Scaled Net Operating Assets is 0.44 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.
Is Red Cat Holdings (RCAT) Overvalued in 2026?
Based on GuruFocus' analysis, Red Cat Holdings stock appears to be overvalued.
The current stock price of $9.36 is trading 18.3% above its estimated GF Value™ of $7.91.
GuruFocus considers Red Cat Holdings to be Modestly Overvalued.
Key valuation signals for RCAT:
Scaled Net Operating Assets: 0.44
GF Value™: $7.91 vs. price of $9.36 (18.3% above fair value)
No single metric tells the full story. See the RCAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Red Cat Holdings Inc is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Its suite of solutions includes the Arachnid family of ISR and precision strike drones, which includes the Black Widow, a small unmanned ISR system; and WEB (Warfighter Electronic Bridge) GCS, designed to command and control an entire drone family of systems for military operations. Its other offerings include Edge 130 Blue drone systems, Trichon, a fixed-wing VTOL for extended endurance and range, and FANG FPV drones optimized for military operations with precision strike capabilities. The firm's Division includes Teal, FlightWave, and Blue Ops.
80GF Score
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