ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Scaled Net Operating Assets : 0.59 (As of Jan. 2024)

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What is ICG-Longbow Senior Secured UK Prop Debt Inv 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.

ICG-Longbow Senior Secured UK Prop Debt Inv's operating assets for the quarter that ended in Jan. 2024 was £33.67 Mil. ICG-Longbow Senior Secured UK Prop Debt Inv's operating liabilities for the quarter that ended in Jan. 2024 was £0.39 Mil. ICG-Longbow Senior Secured UK Prop Debt Inv's Total Assets for the quarter that ended in Jul. 2023 was £55.97 Mil. Therefore, ICG-Longbow Senior Secured UK Prop Debt Inv's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.59.

ICG-Longbow Senior Secured UK Prop Debt Inv 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.

ICG-Longbow Senior Secured UK Prop Debt Inv's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jan. 2024 )
=	(Operating Assets (A: Jan. 2024 )	-	Operating Liabilities (A: Jan. 2024 ))	/	Total Assets (A: Jan. 2023 )
=	(33.67	-	0.391)	/	78.217
=	0.43

where

	Operating Assets		(A: Jan. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	36.616	-	2.946
=	33.67

	Operating Liabilities		(A: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.391	-	0	-	0
=	0.391

ICG-Longbow Senior Secured UK Prop Debt Inv's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Jul. 2023 )
=	(33.67	-	0.391)	/	55.974
=	0.59

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	36.616	-	2.946
=	33.67

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.391	-	0	-	0
=	0.391

* 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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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ICG-Longbow Senior Secured UK Prop Debt Inv Ltd (LSE:LBOW) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

LBOWl:UK

Address

Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY

Website

https://www.lbow.co.uk

ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.