Vertiqal Studios (TSX:VRTS) Scaled Net Operating Assets: -0.35 (As of Mar. 2026)


What is Vertiqal Studios Scaled Net Operating Assets?

Vertiqal Studios TSX:VRTS -50.00% Scaled Net Operating Assets is -0.35 as of Mar. 2026. The stock has 7 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.

Vertiqal Studios's operating assets for the quarter that ended in Mar. 2026 was C$10.54 Mil. Vertiqal Studios's operating liabilities for the quarter that ended in Mar. 2026 was C$14.68 Mil. Vertiqal Studios's Total Assets for the quarter that ended in Dec. 2025 was C$11.84 Mil. Therefore, Vertiqal Studios's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.35.

Vertiqal Studios Scaled Net Operating Assets Historical Data

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The historical data trend for Vertiqal Studios'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.

Vertiqal Studios Scaled Net Operating Assets Chart

Vertiqal Studios Annual Data
Trend Nov19 Nov20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 42.42 4.56 0.05 0.15 -0.38

Vertiqal Studios 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 0.20 0.21 0.69 -0.15 -0.35

TSX:VRTS vs NTES, EA, TTWO: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, Vertiqal Studios'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.

Vertiqal Studios Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Vertiqal Studios's Scaled Net Operating Assets distribution charts can be found below:

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


Vertiqal Studios 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.

Vertiqal Studios'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 )
=(11.663-13.503)/4.865
=-0.38

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11.835 - 0.172
=11.663

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19.168 - 0.01 - 5.655
=13.503

Vertiqal Studios'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 )
=(10.541-14.684)/11.835
=-0.35

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11.262 - 0.721
=10.541

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19.673 - 0 - 4.989
=14.684

* 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 -0.35 mean?
Vertiqal Studios (TSX:VRTS) has a Scaled Net Operating Assets of -0.35 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 Vertiqal Studios and its competitors.
Is Vertiqal Studios' Scaled Net Operating Assets too high?
Vertiqal Studios' current Scaled Net Operating Assets is -0.35.
How does Vertiqal Studios' Scaled Net Operating Assets compare to NTES and EA?
Vertiqal Studios' Scaled Net Operating Assets of -0.35 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media 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 Vertiqal Studios and its competitors. Vertiqal Studios's current Scaled Net Operating Assets is -0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vertiqal Studios stock overvalued right now?
Based on GuruFocus' analysis, Vertiqal Studios (TSX:VRTS) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.02, compared to a current price of C$0.01 — trading 75% below its estimated fair value. The current Scaled Net Operating Assets is -0.35. 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 Vertiqal Studios (TSX:VRTS), the current Scaled Net Operating Assets is -0.35 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.

Vertiqal Studios Business Description

Other Exchanges VERTF:USA
Address 441 King Street West, Unit 200, Toronto, ON, CAN, M5V 1K4
Vertiqal Studios Corp is a technology and entertainment company providing direct advertising services to brands over its social media channels, with future programmatic advertising services planned as well as plans to build and acquire assets to unite the Woeld'wide gaming community. The Company is engaged in a single business activity. The company has presence in Canada and United States. The company generates majority of revenue from Canada.