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DCG IRIS (LSE:IRIS) Scaled Net Operating Assets : 0.99 (As of May. 2014)


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What is DCG IRIS 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.

DCG IRIS's operating assets for the quarter that ended in May. 2014 was £68.03 Mil. DCG IRIS's operating liabilities for the quarter that ended in May. 2014 was £0.06 Mil. DCG IRIS's Total Assets for the quarter that ended in Nov. 2013 was £68.81 Mil. Therefore, DCG IRIS's scaled net operating assets (SNOA) for the quarter that ended in May. 2014 was 0.99.

DCG IRIS 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.

DCG IRIS's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2014 )
=(Operating Assets (A: May. 2014 )-Operating Liabilities (A: May. 2014 ))/Total Assets (A: May. 2013 )
=(68.028-0.062000000000012)/60.235
=1.13

where

Operating Assets(A: May. 2014 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=68.028 - 0
=68.028

Operating Liabilities(A: May. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.062000000000012 - 0 - 0
=0.062000000000012

DCG IRIS's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2014 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2014 )
=(Operating Assets (Q: May. 2014 )-Operating Liabilities (Q: May. 2014 ))/Total Assets (Q: Nov. 2013 )
=(68.028-0.062000000000012)/68.807
=0.99

where

Operating Assets(Q: May. 2014 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=68.028 - 0
=68.028

Operating Liabilities(Q: May. 2014 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.062000000000012 - 0 - 0
=0.062000000000012

* 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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DCG IRIS (LSE:IRIS) Business Description

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Traded in Other Exchanges
N/A
Address
Website
http://www.dexioncapital.com
DCG IRIS Ltd is a Guernsey registered non-cellular company with an indefinite life. It is a feeder fund and principally invests its assets in CS IRIS Low Volatility Plus Fund Ltd. Its objective is to providing its shareholders, through its investment in the Master Fund, with positive returns through investing in insurance-linked contracts and assets carrying exposure related to insured event risks known as insurance linked strategies.