Ecofin US Renewables Infrastructure Trust (LSE:RNEW) Scaled Net Operating Assets : 0.91 (As of Dec. 2023)

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What is Ecofin US Renewables Infrastructure 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.

Ecofin US Renewables Infrastructure Trust's operating assets for the quarter that ended in Dec. 2023 was $116.81 Mil. Ecofin US Renewables Infrastructure Trust's operating liabilities for the quarter that ended in Dec. 2023 was $0.80 Mil. Ecofin US Renewables Infrastructure Trust's Total Assets for the quarter that ended in Jun. 2023 was $127.22 Mil. Therefore, Ecofin US Renewables Infrastructure Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.91.

Ecofin US Renewables Infrastructure 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.

Ecofin US Renewables Infrastructure 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 )
=	(116.806	-	0.795)	/	130.78
=	0.89

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	118.454	-	1.648
=	116.806

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.795	-	0	-	0
=	0.795

Ecofin US Renewables Infrastructure 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 )
=	(116.806	-	0.795)	/	127.222
=	0.91

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	118.454	-	1.648
=	116.806

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.795	-	0	-	0
=	0.795

* 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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Ecofin US Renewables Infrastructure Trust (LSE:RNEW) Business Description

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Address

125 London Wall, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.ecofininvest.com

Ecofin US Renewables Infrastructure Trust PLC is a closed-ended investment company. Its investment objective is to provide its shareholders with an attractive level of current distributions by investing in a diversified portfolio of mixed renewable energy and sustainable infrastructure assets.