TRXA (Trex Acquisition) Scaled Net Operating Assets: -0.86 (As of Mar. 2026)


TRXA Trex Acquisition Corp TRXA
9 GF Score
Price $0.55
! 6 Warning Signs
View Full Analysis

What is Trex Acquisition Scaled Net Operating Assets?

Trex Acquisition TRXA +7.86% 9 Scaled Net Operating Assets is -0.86 as of Mar. 2026. GuruFocus rates TRXA with a GF Score™ of 9/100. The stock has 6 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.

Trex Acquisition's operating assets for the quarter that ended in Mar. 2026 was $0.67 Mil. Trex Acquisition's operating liabilities for the quarter that ended in Mar. 2026 was $1.25 Mil. Trex Acquisition's Total Assets for the quarter that ended in Dec. 2025 was $0.68 Mil. Therefore, Trex Acquisition's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.86.


Trex Acquisition Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Trex Acquisition'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.

Trex Acquisition Scaled Net Operating Assets Chart

Trex Acquisition Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.26 -1.75 -2.68

Trex Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.17 -0.40 0.05 -0.75 -0.86

TRXA vs MDWK, CMCAF, PCMC: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Trex Acquisition'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.


Trex Acquisition Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trex Acquisition's Scaled Net Operating Assets distribution charts can be found below:

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


TRXA
9GF Score
Trex Acquisition Corp TRXA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trex Acquisition 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.

Trex Acquisition's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(0.724-1.131)/0.152
=-2.68

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.774 - 0.05
=0.724

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.837 - 0 - 0.706
=1.131

Trex Acquisition'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 )
=(0.67-1.253)/0.68
=-0.86

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.67 - 0
=0.67

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.918 - 0 - 0.665
=1.253

* 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 -0.86 mean?
Trex Acquisition (TRXA) has a Scaled Net Operating Assets of -0.86 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 Trex Acquisition and its competitors.
Is Trex Acquisition's Scaled Net Operating Assets too high?
Trex Acquisition's current Scaled Net Operating Assets is -0.86. Overall, Trex Acquisition has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Trex Acquisition's Scaled Net Operating Assets compare to MDWK and CMCAF?
Trex Acquisition's Scaled Net Operating Assets of -0.86 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial Services 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 Trex Acquisition and its competitors. Trex Acquisition's current Scaled Net Operating Assets is -0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trex Acquisition stock overvalued right now?
Trex Acquisition (TRXA) has a current Scaled Net Operating Assets of -0.86. The current Scaled Net Operating Assets is -0.86. Trex Acquisition's overall GF Score™ is 9/100 with 6 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 Trex Acquisition (TRXA), the current Scaled Net Operating Assets is -0.86 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.

Trex Acquisition Business Description

Address 151 North Nob Hill Road, Suite 402, Plantation, FL, USA, 33324
Trex Acquisition Corp is a publicly traded, vertically integrated Bitcoin mining company focused on sustainable solutions. It operates across Bitcoin mining, hosting services, proprietary container manufacturing, and software services supported by a dedicated platform. The Company's core focus is securing and operating within the Bitcoin distributed ledger network while exploring other distributed ledger protocols and related infrastructure. Its business is organized into four segments: Mining, which generates the majority of revenue from Bitcoin rewards; Hosting, providing third-party services at the Orofino facility; Holding, responsible for financing and corporate expenses; and Software Services, which enhance operations through software solutions.
9GF Score

Get the complete analysis for TRXA

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

$0.55
Price