VMAR (Vision Marine Technologies) Scaled Net Operating Assets: 0.67 (As of Feb. 2026)


VMAR Vision Marine Technologies Inc VMAR
16 GF Score
Price $1.98
! 3 Warning Signs
View Full Analysis

What is Vision Marine Technologies Scaled Net Operating Assets?

Vision Marine Technologies VMAR +0.25% 16 Scaled Net Operating Assets is 0.67 as of Feb. 2026. GuruFocus rates VMAR with a GF Score™ of 16/100. The stock has 3 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.

Vision Marine Technologies's operating assets for the quarter that ended in Feb. 2026 was $54.57 Mil. Vision Marine Technologies's operating liabilities for the quarter that ended in Feb. 2026 was $14.44 Mil. Vision Marine Technologies's Total Assets for the quarter that ended in Nov. 2025 was $59.67 Mil. Therefore, Vision Marine Technologies's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.67.


Vision Marine Technologies Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Vision Marine Technologies'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.

Vision Marine Technologies Scaled Net Operating Assets Chart

Vision Marine Technologies Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial 5.26 0.52 0.28 0.15 5.53

Vision Marine Technologies Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.66 0.24 1.94 0.82 0.67

VMAR vs MCOM, EZGO, VEEE: Scaled Net Operating Assets Comparison

For the Recreational Vehicles subindustry, Vision Marine Technologies'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.


Vision Marine Technologies Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Vision Marine Technologies's Scaled Net Operating Assets falls into.


VMAR
16GF Score
Vision Marine Technologies Inc VMAR
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vision Marine Technologies 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.

Vision Marine Technologies's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(45.437-10.808)/6.266
=5.53

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=50.831 - 5.394
=45.437

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44.687 - 8.551 - 25.328
=10.808

Vision Marine Technologies's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(54.57-14.443)/59.665
=0.67

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=58.632 - 4.062
=54.57

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=49.142 - 13.615 - 21.084
=14.443

* 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 0.67 mean?
Vision Marine Technologies (VMAR) has a Scaled Net Operating Assets of 0.67 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Vision Marine Technologies and its competitors.
Is Vision Marine Technologies' Scaled Net Operating Assets too high?
Vision Marine Technologies' current Scaled Net Operating Assets is 0.67. Overall, Vision Marine Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' Scaled Net Operating Assets compare to MCOM and EZGO?
Vision Marine Technologies' Scaled Net Operating Assets of 0.67 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts 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 Vision Marine Technologies and its competitors. Vision Marine Technologies's current Scaled Net Operating Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current Scaled Net Operating Assets of 0.67. The current Scaled Net Operating Assets is 0.67. Vision Marine Technologies' overall GF Score™ is 16/100 with 3 warning signs 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 Vision Marine Technologies (VMAR), the current Scaled Net Operating Assets is 0.67 as of Feb. 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.

Vision Marine Technologies Business Description

Other Exchanges VMAR:Canada
Address 730 Boulevard du Cure-Boivin, Boisbriand, QC, CAN, J7G 2A7
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
16GF Score

Get the complete analysis for VMAR

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

$1.98
Price