Idex Metals (TSXV:IDEX) Scaled Net Operating Assets: 0.29 (As of Apr. 2026)

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TSXV:IDEX Idex Metals Corp TSXV:IDEX
16 GF Score
Price C$0.35
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What is Idex Metals Scaled Net Operating Assets?

Idex Metals TSXV:IDEX -1.41% 16 Scaled Net Operating Assets is 0.29 as of Apr. 2026. GuruFocus rates TSXV:IDEX with a GF Score™ of 16/100.

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

Idex Metals's operating assets for the quarter that ended in Apr. 2026 was C$1.97 Mil. Idex Metals's operating liabilities for the quarter that ended in Apr. 2026 was C$0.64 Mil. Idex Metals's Total Assets for the quarter that ended in Jan. 2026 was C$4.63 Mil. Therefore, Idex Metals's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.29.


Idex Metals Scaled Net Operating Assets Historical Data

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The historical data trend for Idex Metals'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.

Idex Metals Scaled Net Operating Assets Chart

Idex Metals Annual Data
Trend Jul23 Mar24 Mar25
Scaled Net Operating Assets
0.40 -0.08 -0.77

Idex Metals Quarterly Data
Jul23 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 Premium Member Only 0.00 0.33 0.18 0.24 0.29

Idex Metals Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Idex Metals'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.


Idex Metals Scaled Net Operating Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Idex Metals's Scaled Net Operating Assets distribution charts can be found below:

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


TSXV:IDEX
16GF Score
Idex Metals Corp TSXV:IDEX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Idex Metals 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.

Idex Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(0-0.089)/0.115
=-0.77

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.077 - 0.077
=0

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.089 - 0 - 0
=0.089

Idex Metals'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 )
=(1.968-0.644)/4.63
=0.29

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.433 - 1.465
=1.968

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.758 - 0.084 - 0.03
=0.644

* 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 0.29 mean?
Idex Metals (TSXV:IDEX) has a Scaled Net Operating Assets of 0.29 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 Idex Metals and its competitors.
Is Idex Metals' Scaled Net Operating Assets too high?
Idex Metals' current Scaled Net Operating Assets is 0.29. Overall, Idex Metals has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Idex Metals' Scaled Net Operating Assets compare to competitors?
Idex Metals' Scaled Net Operating Assets of 0.29 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Scaled Net Operating Assets depends on the Metals & Mining 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 Idex Metals and its competitors. Idex Metals's current Scaled Net Operating Assets is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Idex Metals stock overvalued right now?
Idex Metals (TSXV:IDEX) has a current Scaled Net Operating Assets of 0.29. The current Scaled Net Operating Assets is 0.29. Idex Metals' overall GF Score™ is 16/100. 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 Idex Metals (TSXV:IDEX), the current Scaled Net Operating Assets is 0.29 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.

Idex Metals Business Description

Other Exchanges X4Y:Germany
Address 1188 - 1095 West Pender Street, Vancouver, BC, CAN, V6W 2M6
Idex Metals Corp is an exploration company principally engaged in identifying, acquiring, and exploring high-value potential mineral assets in the State of Idaho, operating in a single reportable segment focused on the exploration and evaluation of mineral properties. Its project portfolio includes Amie in Owyhee County; Autunite Hill in Clark County; Badger Creek in Butte County; Basinger Canyon in Lemhi County; Caribou in Bonneville County; Deadman's Gulch in Shoshone County; Demming in Owyhee County; Fort Hall in Bannock County; Foss in Butte County; Freeze in Washington County; Kismet in Washington County, and others.
16GF 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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