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Urbana (Urbana) Scaled Net Operating Assets : 0.97 (As of Dec. 2023)


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What is Urbana 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.

Urbana's operating assets for the quarter that ended in Dec. 2023 was $335.65 Mil. Urbana's operating liabilities for the quarter that ended in Dec. 2023 was $24.88 Mil. Urbana's Total Assets for the quarter that ended in Sep. 2023 was $320.54 Mil. Therefore, Urbana's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.97.

Urbana 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.

Urbana'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 )
=(335.647-24.876)/270.244
=1.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=335.901 - 0.254
=335.647

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56.704 - 31.828 - 0
=24.876

Urbana'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: Sep. 2023 )
=(335.647-24.876)/320.542
=0.97

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=335.901 - 0.254
=335.647

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56.704 - 31.828 - 0
=24.876

* 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.

Urbana Scaled Net Operating Assets Related Terms

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Urbana (Urbana) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Urbana Corp (OTCPK:URNAF) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
UBAAF:USA URB:Canada URB.A:Canada URB.A:Canada URB:Canada
Address
150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9
Website
https://www.urbanacorp.com
Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. The Company has a single operating segment which is managing company investments.