Manchester & London Investment Trust (LSE:MNL) Scaled Net Operating Assets : 1.19 (As of Jan. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Manchester & London Investment 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.

Manchester & London Investment Trust's operating assets for the quarter that ended in Jan. 2024 was £270.2 Mil. Manchester & London Investment Trust's operating liabilities for the quarter that ended in Jan. 2024 was £4.0 Mil. Manchester & London Investment Trust's Total Assets for the quarter that ended in Jul. 2023 was £223.3 Mil. Therefore, Manchester & London Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 1.19.

Manchester & London Investment 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.

Manchester & London Investment Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jul. 2023 )
=	(Operating Assets (A: Jul. 2023 )	-	Operating Liabilities (A: Jul. 2023 ))	/	Total Assets (A: Jul. 2022 )
=	(206.277	-	1.947)	/	215.922
=	0.95

where

	Operating Assets		(A: Jul. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	223.326	-	17.049
=	206.277

	Operating Liabilities		(A: Jul. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.947	-	0	-	0
=	1.947

Manchester & London Investment Trust'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 )
=	(270.161	-	4.001)	/	223.326
=	1.19

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	276.872	-	6.711
=	270.161

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4.001	-	0	-	0
=	4.001

* 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.

Manchester & London Investment Trust Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Manchester & London Investment Trust's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Manchester & London Investment Trust (LSE:MNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Manchester & London Investment Trust PLC (LSE:MNL) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MNLl:UK

Address

12a Princes Gate Mews, London, GBR, SW7 2PS

Website

https://www.mlcapman.com

Manchester & London Investment Trust PLC is an investment company. It invests in companies whose shares are admitted to trading on a regulated market. The investment objective of the company is to achieve capital appreciation together with a reasonable level of income. It may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards, and options for the purposes of holding investments and hedging positions against movements in equity markets, currencies, and interest rates.