Golden Entertainment (STU:GE6) Scaled Net Operating Assets: 0.85 (As of Dec. 2025)

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STU:GE6 Golden Entertainment Inc STU:GE6
42 GF Score
Price €24.40
GF Value €23.92
! 8 Warning Signs
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What is Golden Entertainment Scaled Net Operating Assets?

Golden Entertainment STU:GE6 42 Scaled Net Operating Assets is 0.85 as of Dec. 2025. GuruFocus rates STU:GE6 with a GF Score™ of 42/100 and a GF Value™ of €23.92. The stock has 8 warning signs investors should review.

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

Golden Entertainment's operating assets for the quarter that ended in Dec. 2025 was €822.2 Mil. Golden Entertainment's operating liabilities for the quarter that ended in Dec. 2025 was €67.7 Mil. Golden Entertainment's Total Assets for the quarter that ended in Sep. 2025 was €882.7 Mil. Therefore, Golden Entertainment's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.85.

Golden Entertainment Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Golden Entertainment'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.

Golden Entertainment Scaled Net Operating Assets Chart

Golden Entertainment 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 0.90 0.85 0.73 0.66 0.73

Golden Entertainment Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.89 0.81 0.80 0.83 0.86

STU:GE6 vs BALY, MSC, FLL: Scaled Net Operating Assets Comparison

For the Resorts & Casinos subindustry, Golden Entertainment'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.

Golden Entertainment Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Entertainment's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Golden Entertainment's Scaled Net Operating Assets falls into.


STU:GE6
42GF Score
Golden Entertainment Inc STU:GE6
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Entertainment 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.

Golden Entertainment'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 )
=(822.194-67.665)/1031.31
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=869.444 - 47.25
=822.194

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=509.998 - 423.609 - 18.724
=67.665

Golden Entertainment'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: Sep. 2025 )
=(822.194-67.665)/882.709
=0.85

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=869.444 - 47.25
=822.194

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=509.998 - 423.609 - 18.724
=67.665

* 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 0.85 mean?
Golden Entertainment (STU:GE6) has a Scaled Net Operating Assets of 0.85 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 Golden Entertainment and its competitors.
Is Golden Entertainment's Scaled Net Operating Assets too high?
Golden Entertainment's current Scaled Net Operating Assets is 0.85. Overall, Golden Entertainment has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Golden Entertainment's Scaled Net Operating Assets compare to BALY and MSC?
Golden Entertainment's Scaled Net Operating Assets of 0.85 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure 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 Golden Entertainment and its competitors. Golden Entertainment's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Entertainment stock overvalued right now?
Golden Entertainment (STU:GE6) has a current Scaled Net Operating Assets of 0.85. The stock's GF Value™ is €23.92, compared to a current price of €24.40 — trading 2% above its estimated fair value. The current Scaled Net Operating Assets is 0.85. Golden Entertainment's overall GF Score™ is 42/100 with 8 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 Golden Entertainment (STU:GE6), the current Scaled Net Operating Assets is 0.85 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.

Is Golden Entertainment (STU:GE6) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Entertainment stock appears to be overvalued. The current stock price of €24.40 is trading 2% above its estimated GF Value™ of €23.92.

Key valuation signals for STU:GE6:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: €23.92 vs. price of €24.40 (2% above fair value)
  • GF Score™: 42/100 with 8 warning signs

No single metric tells the full story. See the STU:GE6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Golden Entertainment Business Description

Address 6595 S Jones Boulevard, Las Vegas, NV, USA, 89118
Golden Entertainment Inc is a U.S. based company that focuses on distributed gaming, casino, and resort operations. Its reportable segments are Nevada Casino Resorts, Nevada Locals Casinos, Nevada Taverns. The majority of the revenue for the company is generated from its Nevada Casino Resorts segment, which is comprised of destination casino resort properties offering a variety of food and beverage outlets, entertainment venues, and other amenities.
42GF Score

Get the complete analysis for STU:GE6

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

€24.40
Price
€23.92
GF Value