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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Canlan Ice Sports's operating assets for the quarter that ended in Mar. 2026 was C$105.6 Mil. Canlan Ice Sports's operating liabilities for the quarter that ended in Mar. 2026 was C$27.7 Mil. Canlan Ice Sports's Total Assets for the quarter that ended in Dec. 2025 was C$119.8 Mil. Therefore, Canlan Ice Sports's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.
Canlan Ice Sports Scaled Net Operating Assets Related Terms
Canlan Ice Sports Scaled Net Operating Assets Historical Data
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The historical data trend for Canlan Ice Sports'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.
Canlan Ice Sports Scaled Net Operating Assets Chart
TSX:ICE vs AS, HAS, LTH: Scaled Net Operating Assets Comparison
For the Leisure subindustry, Canlan Ice Sports'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.
Canlan Ice Sports Scaled Net Operating Assets vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Canlan Ice Sports'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 0.65 mean?
Canlan Ice Sports (TSX:ICE) has a Scaled Net Operating Assets of 0.65 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 Canlan Ice Sports and its competitors.
Is Canlan Ice Sports' Scaled Net Operating Assets too high?
Canlan Ice Sports' current Scaled Net Operating Assets is 0.65. Overall, Canlan Ice Sports has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' Scaled Net Operating Assets compare to AS and HAS?
Canlan Ice Sports' Scaled Net Operating Assets of 0.65 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 Canlan Ice Sports and its competitors. Canlan Ice Sports's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Based on GuruFocus' analysis, Canlan Ice Sports (TSX:ICE) is currently considered Fairly Valued. The stock's GF Value™ is C$4.59, compared to a current price of C$4.44 — trading 3.3% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. Canlan Ice Sports' overall GF Score™ is 72/100 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 Canlan Ice Sports (TSX:ICE), the current Scaled Net Operating Assets is 0.65 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 Canlan Ice Sports (TSX:ICE) Overvalued in 2026?
Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued.
The current stock price of C$4.44 is trading 3.3% below its estimated GF Value™ of C$4.59.
GuruFocus considers Canlan Ice Sports to be Fairly Valued.
Key valuation signals for TSX:ICE:
Scaled Net Operating Assets: 0.65
GF Value™: C$4.59 vs. price of C$4.44 (3.3% below fair value)
No single metric tells the full story. See the TSX:ICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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