ULTXF (Ultra Lithium) Scaled Net Operating Assets: 0.69 (As of Jul. 2025)


What is Ultra Lithium Scaled Net Operating Assets?

Ultra Lithium ULTXF Scaled Net Operating Assets is 0.69 as of Jul. 2025. The stock has 4 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.

Ultra Lithium's operating assets for the quarter that ended in Jul. 2025 was $6.42 Mil. Ultra Lithium's operating liabilities for the quarter that ended in Jul. 2025 was $2.09 Mil. Ultra Lithium's Total Assets for the quarter that ended in Apr. 2025 was $6.23 Mil. Therefore, Ultra Lithium's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2025 was 0.69.

Ultra Lithium Scaled Net Operating Assets Historical Data

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The historical data trend for Ultra Lithium'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.

Ultra Lithium Scaled Net Operating Assets Chart

Ultra Lithium Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 1.14 0.88 0.63 0.54

Ultra Lithium Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25
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 0.84 0.55 0.68 0.71 0.69

ULTXF vs FUST, LBRMF, ENRT: Scaled Net Operating Assets Comparison

For the Other Industrial Metals & Mining subindustry, Ultra Lithium'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.

Ultra Lithium Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Ultra Lithium 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.

Ultra Lithium's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2024 )
=(Operating Assets (A: Oct. 2024 )-Operating Liabilities (A: Oct. 2024 ))/Total Assets (A: Oct. 2023 )
=(6.874-1.488)/10.01
=0.54

where

Operating Assets(A: Oct. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7.091 - 0.217
=6.874

Operating Liabilities(A: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.379 - 0 - 0.891
=1.488

Ultra Lithium's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2025 )
=(Operating Assets (Q: Jul. 2025 )-Operating Liabilities (Q: Jul. 2025 ))/Total Assets (Q: Apr. 2025 )
=(6.416-2.094)/6.232
=0.69

where

Operating Assets(Q: Jul. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6.531 - 0.115
=6.416

Operating Liabilities(Q: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.415 - 0 - 0.321
=2.094

* 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 0.69 mean?
Ultra Lithium (ULTXF) has a Scaled Net Operating Assets of 0.69 as of Jul. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ultra Lithium and its competitors.
Is Ultra Lithium's Scaled Net Operating Assets too high?
Ultra Lithium's current Scaled Net Operating Assets is 0.69.
How does Ultra Lithium's Scaled Net Operating Assets compare to FUST and LBRMF?
Ultra Lithium's Scaled Net Operating Assets of 0.69 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 Ultra Lithium and its competitors. Ultra Lithium's current Scaled Net Operating Assets is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Lithium stock overvalued right now?
Ultra Lithium (ULTXF) has a current Scaled Net Operating Assets of 0.69. The current Scaled Net Operating Assets is 0.69. 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 Ultra Lithium (ULTXF), the current Scaled Net Operating Assets is 0.69 as of Jul. 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.

Ultra Lithium Business Description

Address 1120 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
Ultra Lithium Inc is engaged in the acquisition, exploration, and evaluation of assets. The properties in which the company currently has an interest are in the exploration stage. The geographical segments of the group are Canada, the United States, and Argentina. Some of its properties are Georgia Lake, Forgan Lake, Antofagasta, and La Rioja, La Borita, Antigua, Cordoba, and Others.