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Foresight Solar Fund (LSE:FSFL) Scaled Net Operating Assets : 0.96 (As of Dec. 2023)


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What is Foresight Solar 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.

Foresight Solar Fund's operating assets for the quarter that ended in Dec. 2023 was £697.05 Mil. Foresight Solar Fund's operating liabilities for the quarter that ended in Dec. 2023 was £1.20 Mil. Foresight Solar Fund's Total Assets for the quarter that ended in Jun. 2023 was £727.22 Mil. Therefore, Foresight Solar Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.96.

Foresight Solar 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.

Foresight Solar Fund'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 )
=(697.045-1.197)/772.004
=0.90

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=699.086 - 2.041
=697.045

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.197 - 0 - 0
=1.197

Foresight Solar Fund'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 )
=(697.045-1.197)/727.216
=0.96

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=699.086 - 2.041
=697.045

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.197 - 0 - 0
=1.197

* 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.

Foresight Solar Fund Scaled Net Operating Assets Related Terms

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Foresight Solar Fund (LSE:FSFL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight Solar Fund Ltd (LSE:FSFL) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
FSFLl:UK
Address
The Shard, 32 London Bridge Street, London, JEY, SE1 9SG
Website
https://fsfl.foresightgroup.eu
Foresight Solar Fund Ltd is a closed-ended company. Its objective is to provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, through investment in ground-based solar assets predominantly located in the UK. The company makes its investments through intermediate holding companies and underlying Project Vehicles/Special Purpose Vehicles (SPVs). It will pursue its investment objective by acquiring ground-based, operational solar power plants predominantly located in the UK.