Canoe EITome Fund (Canoe EITome Fund) Scaled Net Operating Assets : 0.94 (As of Dec. 2023)

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What is Canoe EITome Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Canoe EITome Fund's operating assets for the quarter that ended in Dec. 2023 was $1,970.57 Mil. Canoe EITome Fund's operating liabilities for the quarter that ended in Dec. 2023 was $180.62 Mil. Canoe EITome Fund's Total Assets for the quarter that ended in Jun. 2023 was $1,908.43 Mil. Therefore, Canoe EITome Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.94.

Canoe EITome Fund Scaled Net Operating Assets Historical Data

The historical data trend for Canoe EITome Fund'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.

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Canoe EITome Fund Scaled Net Operating Assets Chart

Canoe EITome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.88

0.82

1.20

0.91

0.97

Canoe EITome Fund Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.89	0.86	0.89	0.85	0.94

Competitive Comparison of Canoe EITome Fund's Scaled Net Operating Assets

For the Asset Management subindustry, Canoe EITome Fund'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.

Canoe EITome Fund's Scaled Net Operating Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canoe EITome Fund's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Canoe EITome Fund's Scaled Net Operating Assets falls into.

Canoe EITome Fund 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.

Canoe EITome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(1970.574	-	180.615)	/	1844.761
=	0.97

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1981.585	-	11.011
=	1970.574

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	252.163	-	71.548	-	0
=	180.615

Canoe EITome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(1970.574	-	180.615)	/	1908.428
=	0.94

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1981.585	-	11.011
=	1970.574

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	252.163	-	71.548	-	0
=	180.615

Canoe EITome Fund Scaled Net Operating Assets Related Terms

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Canoe EITome Fund (Canoe EITome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canoe EIT Income Fund (OTCPK:ENDTF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

EIT.PR.B.PFD:Canada EIT.PR.A.PFD:Canada EIT.UN:Canada

Address

421 - 7th Avenue SW, Suite 2750, Calgary, AB, CAN, T2P 4K9

Website

https://www.canoefinancial.com

Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.