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European Assets Trust (LSE:EAT) Scaled Net Operating Assets : 1.01 (As of Dec. 2023)


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What is European Assets 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.

European Assets Trust's operating assets for the quarter that ended in Dec. 2023 was £378.13 Mil. European Assets Trust's operating liabilities for the quarter that ended in Dec. 2023 was £0.23 Mil. European Assets Trust's Total Assets for the quarter that ended in Jun. 2023 was £372.59 Mil. Therefore, European Assets Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.01.

European Assets 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.

European Assets Trust'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 )
=(378.129-0.226)/357.281
=1.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=380.218 - 2.089
=378.129

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.222 - 25.996 - 0
=0.226

European Assets Trust'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 )
=(378.129-0.226)/372.59
=1.01

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=380.218 - 2.089
=378.129

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26.222 - 25.996 - 0
=0.226

* 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.

European Assets Trust Scaled Net Operating Assets Related Terms

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European Assets Trust (LSE:EAT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » European Assets Trust PLC (LSE:EAT) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
EATl:UK
Address
Primrose Street, Exchange House, London, GBR, EC2A 2NY
Website
https://www.columbiathreadneedle.co.uk
European Assets Trust PLC is a UK-based closed-end investment company. The company principal objective is to achieve long-term growth of capital through investment in quoted small and medium sized companies in Europe, excluding the United Kingdom. A high distribution policy has been adopted with dividends paid out of current year revenue profits and the Distributable Reserve. It maintains a diversified portfolio of investments across all sectors including financials, industrials, consumer goods, consumer services, healthcare, technology, and basic materials.