NuLegacy Gold (TSXV:NUG) Scaled Net Operating Assets: 0.16 (As of Dec. 2025)


TSXV:NUG NuLegacy Gold Corp TSXV:NUG
24 GF Score
Price C$0.34
! 1 Warning Sign
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What is NuLegacy Gold Scaled Net Operating Assets?

NuLegacy Gold TSXV:NUG 24 Scaled Net Operating Assets is 0.16 as of Dec. 2025. GuruFocus rates TSXV:NUG with a GF Score™ of 24/100. 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.

NuLegacy Gold's operating assets for the quarter that ended in Dec. 2025 was C$0.68 Mil. NuLegacy Gold's operating liabilities for the quarter that ended in Dec. 2025 was C$0.57 Mil. NuLegacy Gold's Total Assets for the quarter that ended in Sep. 2025 was C$0.72 Mil. Therefore, NuLegacy Gold's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.16.


NuLegacy Gold Scaled Net Operating Assets Historical Data

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The historical data trend for NuLegacy Gold'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.

NuLegacy Gold Scaled Net Operating Assets Chart

NuLegacy Gold Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.85 0.93 0.99 0.01

NuLegacy Gold Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.26 0.24 0.27 0.20 0.16

TSXV:NUG vs NEM, AU: Scaled Net Operating Assets Comparison

For the Gold subindustry, NuLegacy Gold'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.


NuLegacy Gold Scaled Net Operating Assets vs Metals & Mining Industry

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

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


TSXV:NUG
24GF Score
NuLegacy Gold Corp TSXV:NUG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NuLegacy Gold 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.

NuLegacy Gold'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 )
=(0.674-0.453)/46.603
=0.00

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.784 - 0.11
=0.674

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.453 - 0 - 0
=0.453

NuLegacy Gold's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(0.678-0.566)/0.718
=0.16

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.71 - 0.032
=0.678

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.566 - 0 - 0
=0.566

* 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 0.16 mean?
NuLegacy Gold (TSXV:NUG) has a Scaled Net Operating Assets of 0.16 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on NuLegacy Gold and its competitors.
Is NuLegacy Gold's Scaled Net Operating Assets too high?
NuLegacy Gold's current Scaled Net Operating Assets is 0.16. Overall, NuLegacy Gold has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does NuLegacy Gold's Scaled Net Operating Assets compare to NEM and AU?
NuLegacy Gold's Scaled Net Operating Assets of 0.16 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 NuLegacy Gold and its competitors. NuLegacy Gold's current Scaled Net Operating Assets is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuLegacy Gold stock overvalued right now?
NuLegacy Gold (TSXV:NUG) has a current Scaled Net Operating Assets of 0.16. The current Scaled Net Operating Assets is 0.16. NuLegacy Gold's overall GF Score™ is 24/100 with 1 warning sign to review. 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 NuLegacy Gold (TSXV:NUG), the current Scaled Net Operating Assets is 0.16 as of Dec. 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.

NuLegacy Gold Business Description

Other Exchanges NULGF:USA7NU1:Germany
Address 1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
NuLegacy Gold Corp is an exploration company. It is engaged in the business of exploration, development, and extraction of gold and other precious metals. The company mainly operates its business activities from Nevada through its Red Hill property which is located on trend and adjacent to the three multi-million ounces Carlin-type gold deposits (the Pipeline, Cortez Hills, and Goldrush deposits) that are amongst Barrick Gold mines.
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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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