Fountain Asset (TSXV:FA) Scaled Net Operating Assets: 0.42 (As of Mar. 2026)


What is Fountain Asset Scaled Net Operating Assets?

Fountain Asset TSXV:FA Scaled Net Operating Assets is 0.42 as of Mar. 2026. The stock has 1 warning sign investors should review.

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

Fountain Asset's operating assets for the quarter that ended in Mar. 2026 was C$4.27 Mil. Fountain Asset's operating liabilities for the quarter that ended in Mar. 2026 was C$0.83 Mil. Fountain Asset's Total Assets for the quarter that ended in Dec. 2025 was C$8.15 Mil. Therefore, Fountain Asset's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.42.

Fountain Asset Scaled Net Operating Assets Historical Data

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The historical data trend for Fountain Asset'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.

Fountain Asset Scaled Net Operating Assets Chart

Fountain Asset 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 0.88 0.50 0.50 0.75 0.94

Fountain Asset 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 0.89 1.36 0.78 0.58 0.42

TSXV:FA vs BLK, BX, KKR: Scaled Net Operating Assets Comparison

For the Asset Management subindustry, Fountain Asset'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.

Fountain Asset Scaled Net Operating Assets vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fountain Asset's Scaled Net Operating Assets distribution charts can be found below:

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


Fountain Asset 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.

Fountain Asset'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 )
=(5.99-0.69)/5.629
=0.94

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=8.145 - 2.155
=5.99

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.69 - 0 - 0
=0.69

Fountain Asset'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 )
=(4.269-0.827)/8.145
=0.42

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.479 - 3.21
=4.269

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.827 - 0 - 0
=0.827

* 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 0.42 mean?
Fountain Asset (TSXV:FA) has a Scaled Net Operating Assets of 0.42 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 Fountain Asset and its competitors.
Is Fountain Asset's Scaled Net Operating Assets too high?
Fountain Asset's current Scaled Net Operating Assets is 0.42.
How does Fountain Asset's Scaled Net Operating Assets compare to BLK and BX?
Fountain Asset's Scaled Net Operating Assets of 0.42 can be compared against companies in the Asset Management 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 Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management 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 Fountain Asset and its competitors. Fountain Asset's current Scaled Net Operating Assets is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fountain Asset stock overvalued right now?
Fountain Asset (TSXV:FA) has a current Scaled Net Operating Assets of 0.42. The current Scaled Net Operating Assets is 0.42. 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 Fountain Asset (TSXV:FA), the current Scaled Net Operating Assets is 0.42 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.

Fountain Asset Business Description

Address 3 Market Street, Unit 609, Toronto, ON, CAN, M5E 0A3
Fountain Asset Corp is a Canadian investment company. It is focused on creating shareholder value by offering various debt and equity financing solutions to companies across a variety of industries, including manufacturing, retail, financial services, technology, cannabis, biotechnology, oil and gas, mining, and cryptocurrency. The company focuses on both small to mid-sized private and public companies that require financing of five hundred thousand and greater. Along with providing capital, Fountain provides advisory services that range from going public to mergers and acquisitions.