VMSSF (Vortex Metals) Scaled Net Operating Assets: -3.09 (As of Mar. 2026)


What is Vortex Metals Scaled Net Operating Assets?

Vortex Metals VMSSF Scaled Net Operating Assets is -3.09 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.

Vortex Metals's operating assets for the quarter that ended in Mar. 2026 was $0.69 Mil. Vortex Metals's operating liabilities for the quarter that ended in Mar. 2026 was $2.97 Mil. Vortex Metals's Total Assets for the quarter that ended in Dec. 2025 was $0.74 Mil. Therefore, Vortex Metals's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -3.09.

Vortex Metals Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Vortex Metals'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.

Vortex Metals Scaled Net Operating Assets Chart

Vortex Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial -15.25 1.04 0.57 0.62 -0.39

Vortex Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only 0.59 0.61 0.59 -0.38 -3.09

VMSSF vs HL: Scaled Net Operating Assets Comparison

For the Other Precious Metals & Mining subindustry, Vortex Metals'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.

Vortex Metals Scaled Net Operating Assets vs Metals & Mining Industry

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

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


Vortex Metals 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.

Vortex Metals'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 )
=(0.729-2.82)/5.346
=-0.39

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.738 - 0.009
=0.729

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.877 - 0 - 0.057
=2.82

Vortex Metals'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 )
=(0.69-2.97)/0.738
=-3.09

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.841 - 0.151
=0.69

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.028 - 0 - 0.058
=2.97

* 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 -3.09 mean?
Vortex Metals (VMSSF) has a Scaled Net Operating Assets of -3.09 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 Vortex Metals and its competitors.
Is Vortex Metals' Scaled Net Operating Assets too high?
Vortex Metals' current Scaled Net Operating Assets is -3.09.
How does Vortex Metals' Scaled Net Operating Assets compare to HL?
Vortex Metals' Scaled Net Operating Assets of -3.09 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 Vortex Metals and its competitors. Vortex Metals's current Scaled Net Operating Assets is -3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vortex Metals stock overvalued right now?
Vortex Metals (VMSSF) has a current Scaled Net Operating Assets of -3.09. The current Scaled Net Operating Assets is -3.09. 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 Vortex Metals (VMSSF), the current Scaled Net Operating Assets is -3.09 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.

Vortex Metals Business Description

Other Exchanges VMS:Canada
Address 1055 W. Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Vortex Metals Inc is a junior mineral exploration stage company engaged in the business of acquiring, exploring, and evaluating natural resource properties, and either developing these properties further or disposing of them when the evaluation is complete. The company holds a hundred-percent interest in the Riqueza Marina Project, Zaachila Project, and the El Rescate Project, each located in Mexico. Additionally, its project portfolio also includes the Illapel Copper project, located in Chile. The company operates in one reportable operating segment, being the acquisition, exploration, and evaluation of resource properties.