TMCR (The Metals Royalty Co) Scaled Net Operating Assets: 0.34 (As of Mar. 2026)


TMCR The Metals Royalty Co Inc TMCR
15 GF Score
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What is The Metals Royalty Co Scaled Net Operating Assets?

The Metals Royalty Co TMCR -3.24% 15 Scaled Net Operating Assets is 0.34 as of Mar. 2026. GuruFocus rates TMCR with a GF Score™ of 15/100.

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

The Metals Royalty Co's operating assets for the quarter that ended in Mar. 2026 was $14.78 Mil. The Metals Royalty Co's operating liabilities for the quarter that ended in Mar. 2026 was $3.51 Mil. The Metals Royalty Co's Total Assets for the quarter that ended in Dec. 2025 was $32.95 Mil. Therefore, The Metals Royalty Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.34.


The Metals Royalty Co Scaled Net Operating Assets Historical Data

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The historical data trend for The Metals Royalty Co'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.

The Metals Royalty Co Scaled Net Operating Assets Chart

The Metals Royalty Co Annual Data
Trend Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.95 0.93 0.60

The Metals Royalty Co Quarterly Data
Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial 0.00 0.00 0.00 0.55 0.34

TMCR vs LZM, REA, REEMF: Scaled Net Operating Assets Comparison

For the Other Industrial Metals & Mining subindustry, The Metals Royalty Co'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.


The Metals Royalty Co Scaled Net Operating Assets vs Metals & Mining Industry

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

* The bar in red indicates where The Metals Royalty Co's Scaled Net Operating Assets falls into.


TMCR
15GF Score
The Metals Royalty Co Inc TMCR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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The Metals Royalty Co 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.

The Metals Royalty Co'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 )
=(14.581-1.763)/21.468
=0.60

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=32.948 - 18.367
=14.581

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.763 - 0 - 0
=1.763

The Metals Royalty Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(14.776-3.507)/32.948
=0.34

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=46.083 - 31.307
=14.776

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.507 - 0 - 0
=3.507

* 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 0.34 mean?
The Metals Royalty Co (TMCR) has a Scaled Net Operating Assets of 0.34 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 The Metals Royalty Co and its competitors.
Is The Metals Royalty Co's Scaled Net Operating Assets too high?
The Metals Royalty Co's current Scaled Net Operating Assets is 0.34. Overall, The Metals Royalty Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does The Metals Royalty Co's Scaled Net Operating Assets compare to LZM and REA?
The Metals Royalty Co's Scaled Net Operating Assets of 0.34 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 The Metals Royalty Co and its competitors. The Metals Royalty Co's current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Metals Royalty Co stock overvalued right now?
The Metals Royalty Co (TMCR) has a current Scaled Net Operating Assets of 0.34. The current Scaled Net Operating Assets is 0.34. The Metals Royalty Co's overall GF Score™ is 15/100. 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 The Metals Royalty Co (TMCR), the current Scaled Net Operating Assets is 0.34 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.

The Metals Royalty Co Business Description

Address 333 7th Avenue SW, 1900 Dome Tower, Calgary, AB, CAN, T2P 2Z1
The Metals Royalty Co Inc is engaged in the acquisition and management of critical metals and mineral royalties, streams, and other similar interests. It is focused on providing capital to support mineral security and independence in North America in support of accelerating domestic industry growth, including energy, defense, and re-industrialization. The company has two reportable operating segments, Metal and Minerals, and Oil and Gas. The company derives royalty income from its business activities.
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