Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Rent the Runway's operating assets for the quarter that ended in Apr. 2026 was $175.6 Mil. Rent the Runway's operating liabilities for the quarter that ended in Apr. 2026 was $68.8 Mil. Rent the Runway's Total Assets for the quarter that ended in Jan. 2026 was $221.0 Mil. Therefore, Rent the Runway's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.48.
Rent the Runway Scaled Net Operating Assets Related Terms
Rent the Runway Scaled Net Operating Assets Historical Data
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The historical data trend for Rent the Runway'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.
RENT vs TLYS, DLTH, CURV: Scaled Net Operating Assets Comparison
For the Apparel Retail subindustry, Rent the Runway'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.
Rent the Runway Scaled Net Operating Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Rent the Runway's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Rent the Runway'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 0.48 mean?
Rent the Runway (RENT) has a Scaled Net Operating Assets of 0.48 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Rent the Runway and its competitors.
Is Rent the Runway's Scaled Net Operating Assets too high?
Rent the Runway's current Scaled Net Operating Assets is 0.48. Overall, Rent the Runway has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rent the Runway's Scaled Net Operating Assets compare to TLYS and DLTH?
Rent the Runway's Scaled Net Operating Assets of 0.48 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical 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 Rent the Runway and its competitors. Rent the Runway's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rent the Runway stock overvalued right now?
Based on GuruFocus' analysis, Rent the Runway (RENT) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.69, compared to a current price of $3.18 — trading 13.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.48. Rent the Runway's overall GF Score™ is 51/100 with 5 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 Rent the Runway (RENT), the current Scaled Net Operating Assets is 0.48 as of Apr. 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 Rent the Runway (RENT) Overvalued in 2026?
Based on GuruFocus' analysis, Rent the Runway stock appears to be undervalued.
The current stock price of $3.18 is trading 13.8% below its estimated GF Value™ of $3.69.
GuruFocus considers Rent the Runway to be Modestly Undervalued.
Key valuation signals for RENT:
Scaled Net Operating Assets: 0.48
GF Value™: $3.69 vs. price of $3.18 (13.8% below fair value)
No single metric tells the full story. See the RENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe to, or buy designer apparel and accessories. The company gives customers access to its unlimited closet through its subscription offering (Subscription) or the ability to rent a-la-carte through its reserve offering (Reserve). The company also gives its subscribers and customers the ability to buy its products through its Resale offering. The Closet in the Cloud offers a wide assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, and ski wear.
51GF Score
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