Kirkstone Metals (TSXV:KSM) Scaled Net Operating Assets: 0.57 (As of Oct. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:KSM Kirkstone Metals Corp TSXV:KSM
13 GF Score
Price C$0.18
View Full Analysis

What is Kirkstone Metals Scaled Net Operating Assets?

Kirkstone Metals TSXV:KSM -2.78% 13 Scaled Net Operating Assets is 0.57 as of Oct. 2025. GuruFocus rates TSXV:KSM with a GF Score™ of 13/100.

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

Kirkstone Metals's operating assets for the quarter that ended in Oct. 2025 was C$1.65 Mil. Kirkstone Metals's operating liabilities for the quarter that ended in Oct. 2025 was C$0.01 Mil. Kirkstone Metals's Total Assets for the quarter that ended in Apr. 2025 was C$2.89 Mil. Therefore, Kirkstone Metals's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 0.57.


Kirkstone Metals Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Kirkstone 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.

Kirkstone Metals Scaled Net Operating Assets Chart

Kirkstone Metals Annual Data
Trend Jul23
Scaled Net Operating Assets
0.85

Kirkstone Metals Quarterly Data
Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Jan25 Apr25 Oct25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.53 0.57

TSXV:KSM vs UEC, LEU: Scaled Net Operating Assets Comparison

For the Uranium subindustry, Kirkstone 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.


Kirkstone Metals Scaled Net Operating Assets vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kirkstone Metals's Scaled Net Operating Assets distribution charts can be found below:

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


TSXV:KSM
13GF Score
Kirkstone Metals Corp TSXV:KSM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirkstone 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.

Kirkstone Metals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2023 )
=(Operating Assets (A: Jul. 2023 )-Operating Liabilities (A: Jul. 2023 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: Jul. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
= -
=

Kirkstone Metals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(1.652-0.009)/2.885
=0.57

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.148 - 1.496
=1.652

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.898 - 0.889 - 0
=0.009

* 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 0.57 mean?
Kirkstone Metals (TSXV:KSM) has a Scaled Net Operating Assets of 0.57 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Kirkstone Metals and its competitors.
Is Kirkstone Metals' Scaled Net Operating Assets too high?
Kirkstone Metals' current Scaled Net Operating Assets is 0.57. Overall, Kirkstone Metals has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Kirkstone Metals' Scaled Net Operating Assets compare to UEC and LEU?
Kirkstone Metals' Scaled Net Operating Assets of 0.57 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Scaled Net Operating Assets depends on the Other Energy Sources 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 Kirkstone Metals and its competitors. Kirkstone Metals's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirkstone Metals stock overvalued right now?
Kirkstone Metals (TSXV:KSM) has a current Scaled Net Operating Assets of 0.57. The current Scaled Net Operating Assets is 0.57. Kirkstone Metals' overall GF Score™ is 13/100. 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 Kirkstone Metals (TSXV:KSM), the current Scaled Net Operating Assets is 0.57 as of Oct. 2025. 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.

Kirkstone Metals Business Description

Other Exchanges V0O:Germany
Address 885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Kirkstone Metals Corp is in the business of identifying, acquiring and exploring mineral properties. The Company is currently in the exploration stage of developing its exploration and evaluation properties and has not yet determined whether it contain mineral reserves that are economically recoverable.
13GF Score

Get the complete analysis for TSXV:KSM

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.18
Price