MFF Capital Investments (ASX:MFF) Scaled Net Operating Assets : -0.13 (As of Dec. 2023)

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What is MFF Capital Investments 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.

MFF Capital Investments's operating assets for the quarter that ended in Dec. 2023 was A$10.7 Mil. MFF Capital Investments's operating liabilities for the quarter that ended in Dec. 2023 was A$320.4 Mil. MFF Capital Investments's Total Assets for the quarter that ended in Jun. 2023 was A$2,329.7 Mil. Therefore, MFF Capital Investments's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.13.

MFF Capital Investments 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.

MFF Capital Investments's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(2301.414	-	283.975)	/	2006.523
=	1.01

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2329.662	-	28.248
=	2301.414

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	642.398	-	0	-	358.423
=	283.975

MFF Capital Investments'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 )
=	(10.717	-	320.395)	/	2329.662
=	-0.13

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2463.964	-	2453.247
=	10.717

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	669.262	-	0	-	348.867
=	320.395

* 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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MFF Capital Investments (ASX:MFF) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

25 Martin Place, Level 36, Sydney, NSW, AUS, 2000

Website

https://www.mffcapital.com.au

MFF Capital Investments Ltd is an asset management company. The company invests in a minimum of twenty exchange-listed international and Australian companies. The company's investments are managed on a single portfolio basis, and in one business segment being equity investment, and in one geographic segment, Australia. The investment objective of the firm is to maximize compound risk-adjusted after-tax returns for shareholders by identifying and investing in a minimum of 20 stock exchange listed international and Australian companies with a focus upon those assessed to have attractive business characteristics, at a discount to their assessed intrinsic values.