Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Tactical Resources's operating assets for the quarter that ended in Jan. 2026 was $0.27 Mil. Tactical Resources's operating liabilities for the quarter that ended in Jan. 2026 was $6.02 Mil. Tactical Resources's Total Assets for the quarter that ended in Oct. 2025 was $0.34 Mil. Therefore, Tactical Resources's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was -17.19.
Tactical Resources Scaled Net Operating Assets Related Terms
Tactical Resources Scaled Net Operating Assets Historical Data
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The historical data trend for Tactical Resources'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.
Tactical Resources Scaled Net Operating Assets Chart
Tactical Resources Scaled Net Operating Assets Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Tactical Resources'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.
Tactical Resources Scaled Net Operating Assets vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tactical Resources's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Tactical Resources's Scaled Net Operating Assets falls into.
* 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 -17.19 mean?
Tactical Resources (USREF) has a Scaled Net Operating Assets of -17.19 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Tactical Resources and its competitors.
Is Tactical Resources' Scaled Net Operating Assets too high?
Tactical Resources' current Scaled Net Operating Assets is -17.19. Overall, Tactical Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Tactical Resources' Scaled Net Operating Assets compare to competitors?
Tactical Resources' Scaled Net Operating Assets of -17.19 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 Tactical Resources and its competitors. Tactical Resources's current Scaled Net Operating Assets is -17.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tactical Resources stock overvalued right now?
Tactical Resources (USREF) has a current Scaled Net Operating Assets of -17.19. The current Scaled Net Operating Assets is -17.19. Tactical Resources' overall GF Score™ is 34/100 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 Tactical Resources (USREF), the current Scaled Net Operating Assets is -17.19 as of Jan. 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.
Tactical Resources Corp is an exploration & development company focused on the rare earth elements (REE) that drive the green technologies of the future. Its projects include Lac Ducharme Project, Sierra Blanca Quarry Project, and Peak Project.
34GF Score
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