HgCapital Trust (LSE:HGT) Scaled Net Operating Assets : 1.03 (As of Dec. 2023)

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What is HgCapital 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.

HgCapital Trust's operating assets for the quarter that ended in Dec. 2023 was £2,243.0 Mil. HgCapital Trust's operating liabilities for the quarter that ended in Dec. 2023 was £3.9 Mil. HgCapital Trust's Total Assets for the quarter that ended in Jun. 2023 was £2,171.7 Mil. Therefore, HgCapital Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.03.

HgCapital 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.

HgCapital 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 )
=	(2243.01	-	3.884)	/	2231.749
=	1.00

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2294.613	-	51.603
=	2243.01

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.884	-	0	-	0
=	3.884

HgCapital 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 )
=	(2243.01	-	3.884)	/	2171.675
=	1.03

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2294.613	-	51.603
=	2243.01

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.884	-	0	-	0
=	3.884

* 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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HgCapital Trust (LSE:HGT) Business Description

Industry

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HGTl:UK

Address

2 More London Riverside, London, GBR, SE1 2AP

Website

https://www.hgcapitaltrust.com

HgCapital Trust PLC is an investment trust with the objective of long-term capital appreciation by investing in unquoted companies. It provides investors with a diversified portfolio of private equity investments. These investments operate across the B2B software and technology-enabled business services sectors. As part of the long-standing investment strategy adopted by Hg, these companies typically benefit from sector-leading market positions and have high resilient and defensive business models with loyal customers and high rates of recurring revenues. Geographically, the majority is derived from the United Kingdom. It also has a presence in North America, Scandinavia, Germany & other Europe.