Morphic Ethical Equity Fund (ASX:MEC) Scaled Net Operating Assets : 0.12 (As of Dec. 2022)

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What is Morphic Ethical Equity 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.

Morphic Ethical Equity Fund's operating assets for the quarter that ended in Dec. 2022 was A$8.96 Mil. Morphic Ethical Equity Fund's operating liabilities for the quarter that ended in Dec. 2022 was A$0.86 Mil. Morphic Ethical Equity Fund's Total Assets for the quarter that ended in Mar. 2022 was A$70.20 Mil. Therefore, Morphic Ethical Equity Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.12.

Morphic Ethical Equity 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.

Morphic Ethical Equity Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2021 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Sep. 2021 )
=	(Operating Assets (A: Sep. 2021 )	-	Operating Liabilities (A: Sep. 2021 ))	/	Total Assets (A: Sep. 2020 )
=	(74.014	-	6.892)	/	76.849
=	0.87

where

	Operating Assets		(A: Sep. 2021 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	90.11	-	16.096
=	74.014

	Operating Liabilities		(A: Sep. 2021 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16.947	-	0	-	10.055
=	6.892

Morphic Ethical Equity 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: Mar. 2022 )
=	(8.964	-	0.858)	/	70.2
=	0.12

where

	Operating Assets		(Q: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	58.42	-	49.456
=	8.964

	Operating Liabilities		(Q: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.916	-	0	-	0.058
=	0.858

* 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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Morphic Ethical Equity Fund (ASX:MEC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

179 Elizabeth Street, Level 11, Sydney, NSW, AUS, 2000

Website

https://www.morphicasset.com

Morphic Ethical Equity Fund Ltd seeks to provide investors a way to grow their wealth. The fund excludes direct investments in entities involved in environmental destruction, including coal and uranium mining, oil and gas, intensive animal farming and aquaculture, tobacco and alcohol, armaments, gambling and rainforest.