Fraser Big Sky Capital (TSXV:FRAS.P) Scaled Net Operating Assets: -0.06 (As of Apr. 2026)


What is Fraser Big Sky Capital Scaled Net Operating Assets?

Fraser Big Sky Capital TSXV:FRAS.P Scaled Net Operating Assets is -0.06 as of Apr. 2026.

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

Fraser Big Sky Capital's operating assets for the quarter that ended in Apr. 2026 was C$0.02 Mil. Fraser Big Sky Capital's operating liabilities for the quarter that ended in Apr. 2026 was C$0.02 Mil. Fraser Big Sky Capital's Total Assets for the quarter that ended in Jan. 2026 was C$0.13 Mil. Therefore, Fraser Big Sky Capital's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was -0.06.

Fraser Big Sky Capital Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Fraser Big Sky Capital'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.

Fraser Big Sky Capital Scaled Net Operating Assets Chart

Fraser Big Sky Capital Annual Data
Trend Jul24 Jul25
Scaled Net Operating Assets
0.22 -0.20

Fraser Big Sky Capital Quarterly Data
Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.12 -0.10 -0.07 -0.06

TSXV:FRAS.P vs XXI, CCXI, DMII: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, Fraser Big Sky Capital'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.

Fraser Big Sky Capital Scaled Net Operating Assets vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fraser Big Sky Capital's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fraser Big Sky Capital's Scaled Net Operating Assets falls into.


Fraser Big Sky Capital 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.

Fraser Big Sky Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(0.007-0.027)/0.1
=-0.20

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.166 - 0.159
=0.007

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.027 - 0 - 0
=0.027

Fraser Big Sky Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Jan. 2026 )
=(0.016-0.024)/0.125
=-0.06

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.118 - 0.102
=0.016

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.024 - 0 - 0
=0.024

* 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 -0.06 mean?
Fraser Big Sky Capital (TSXV:FRAS.P) has a Scaled Net Operating Assets of -0.06 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Fraser Big Sky Capital and its competitors.
Is Fraser Big Sky Capital's Scaled Net Operating Assets too high?
Fraser Big Sky Capital's current Scaled Net Operating Assets is -0.06.
How does Fraser Big Sky Capital's Scaled Net Operating Assets compare to XXI and CCXI?
Fraser Big Sky Capital's Scaled Net Operating Assets of -0.06 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 Fraser Big Sky Capital and its competitors. Fraser Big Sky Capital's current Scaled Net Operating Assets is -0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fraser Big Sky Capital stock overvalued right now?
Fraser Big Sky Capital (TSXV:FRAS.P) has a current Scaled Net Operating Assets of -0.06. The current Scaled Net Operating Assets is -0.06. 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 Fraser Big Sky Capital (TSXV:FRAS.P), the current Scaled Net Operating Assets is -0.06 as of Apr. 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.

Fraser Big Sky Capital Business Description

Address 905 West Pender Street, Suite 600, 6th Floor, Vancouver, BC, CAN, V6C 1L6
Fraser Big Sky Capital Corp is a Capital Pool Company.