abrdn Smallerome Trust (LSE:ASCI) Scaled Net Operating Assets : 0.85 (As of Jun. 2023)

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What is abrdn Smallerome Trust 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.

abrdn Smallerome Trust's operating assets for the quarter that ended in Jun. 2023 was £60.70 Mil. abrdn Smallerome Trust's operating liabilities for the quarter that ended in Jun. 2023 was £0.25 Mil. abrdn Smallerome Trust's Total Assets for the quarter that ended in Dec. 2022 was £70.86 Mil. Therefore, abrdn Smallerome Trust's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.85.

abrdn Smallerome Trust 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.

abrdn Smallerome Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(69.073	-	0.34)	/	105.151
=	0.65

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	70.859	-	1.786
=	69.073

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7.339	-	6.999	-	0
=	0.34

abrdn Smallerome Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(60.697	-	0.245)	/	70.859
=	0.85

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	63.642	-	2.945
=	60.697

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.245	-	2	-	0
=	0.245

* 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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abrdn Smallerome Trust (LSE:ASCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Smaller Companies Income Trust PLC (LSE:ASCI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

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Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.abrdnsmallercompaniesincome.co.uk

abrdn Smaller Companies Income Trust PLC is a United Kingdom based is closed-end investment company. Its objective is to provide a high and growing dividend, and capital growth from a portfolio invested principally in the ordinary shares of smaller UK companies and the UK fixed income securities. The company invests in equities, corporate bonds, and preference shares.