NeoTerrex Minerals (TSXV:NTX) Scaled Net Operating Assets: 0.21 (As of Mar. 2026)

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.

What is NeoTerrex Minerals Scaled Net Operating Assets?

NeoTerrex Minerals TSXV:NTX Scaled Net Operating Assets is 0.21 as of Mar. 2026. The stock has 2 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.

NeoTerrex Minerals's operating assets for the quarter that ended in Mar. 2026 was C$0.80 Mil. NeoTerrex Minerals's operating liabilities for the quarter that ended in Mar. 2026 was C$0.06 Mil. NeoTerrex Minerals's Total Assets for the quarter that ended in Dec. 2025 was C$3.53 Mil. Therefore, NeoTerrex Minerals's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.21.

NeoTerrex Minerals Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for NeoTerrex Minerals'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.

NeoTerrex Minerals Scaled Net Operating Assets Chart

NeoTerrex Minerals Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
-0.05 0.08 -0.11 0.11 0.05

NeoTerrex Minerals Quarterly Data
Dec21 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 0.15 0.13 0.25 0.07 0.21

NeoTerrex Minerals Scaled Net Operating Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, NeoTerrex Minerals'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.

NeoTerrex Minerals Scaled Net Operating Assets vs Metals & Mining Industry

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

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


NeoTerrex Minerals 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.

NeoTerrex Minerals'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 )
=(0.836-0.609)/4.246
=0.05

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.532 - 2.696
=0.836

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.609 - 0 - 0
=0.609

NeoTerrex Minerals'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 )
=(0.804-0.057)/3.532
=0.21

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2.733 - 1.929
=0.804

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.057 - 0 - 0
=0.057

* 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 0.21 mean?
NeoTerrex Minerals (TSXV:NTX) has a Scaled Net Operating Assets of 0.21 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 NeoTerrex Minerals and its competitors.
Is NeoTerrex Minerals' Scaled Net Operating Assets too high?
NeoTerrex Minerals' current Scaled Net Operating Assets is 0.21.
How does NeoTerrex Minerals' Scaled Net Operating Assets compare to competitors?
NeoTerrex Minerals' Scaled Net Operating Assets of 0.21 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 NeoTerrex Minerals and its competitors. NeoTerrex Minerals's current Scaled Net Operating Assets is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeoTerrex Minerals stock overvalued right now?
NeoTerrex Minerals (TSXV:NTX) has a current Scaled Net Operating Assets of 0.21. The current Scaled Net Operating Assets is 0.21. 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 NeoTerrex Minerals (TSXV:NTX), the current Scaled Net Operating Assets is 0.21 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.

NeoTerrex Minerals Business Description

Address 5390 West River Drive, Ottawa, ON, CAN, K4M 1G4
NeoTerrex Minerals Inc is engaged in the acquisition and exploration of mineral properties for critical elements, with its activities focused in prospective areas in Canada. The company's projects include Mount Discovery, Galactic, Gravitas, Valour, Monument, Roman, and others. The corporation plans to develop the properties, bring them into production, option or lease the properties to third parties, or sell the properties outright.