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L1 Long Short Fund (ASX:LSF) Scaled Net Operating Assets : -0.41 (As of Dec. 2022)


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What is L1 Long Short 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.

L1 Long Short Fund's operating assets for the quarter that ended in Dec. 2022 was A$102.0 Mil. L1 Long Short Fund's operating liabilities for the quarter that ended in Dec. 2022 was A$1,906.5 Mil. L1 Long Short Fund's Total Assets for the quarter that ended in Jun. 2022 was A$4,374.1 Mil. Therefore, L1 Long Short Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was -0.41.

L1 Long Short 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.

L1 Long Short Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2022 )
=(Operating Assets (A: Jun. 2022 )-Operating Liabilities (A: Jun. 2022 ))/Total Assets (A: Jun. 2021 )
=(3063.246-2688.648)/3560.864
=0.11

where

Operating Assets(A: Jun. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4374.074 - 1310.828
=3063.246

Operating Liabilities(A: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2688.648 - 0 - 0
=2688.648

L1 Long Short Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Jun. 2022 )
=(101.975-1906.476)/4374.074
=-0.41

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3702.116 - 3600.141
=101.975

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1906.476 - 0 - 0
=1906.476

* 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.

L1 Long Short Fund Scaled Net Operating Assets Related Terms

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L1 Long Short Fund (ASX:LSF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » L1 Long Short Fund Ltd (ASX:LSF) » Definitions » Scaled Net Operating Assets
Comparable Companies
ASX:PPT ASX:MXT ASX:PDL ASX:PNI ASX:WLE ASX:MFF ASX:IFL ASX:BKI ASX:WAM ASX:AUI BLK BX TSX:BAM.A OSTO:INVE A BK APO KKR AMP TROW XSWX:PGHN
Traded in Other Exchanges
N/A
Address
Level 7, 330 Collins Street, Melbourne, VIC, AUS, 3000
Website
https://www.l1longshort.com
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.