Special Opportunities Fund (Special Opportunities Fund) Scaled Net Operating Assets : 0.99 (As of Dec. 2023)

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What is Special Opportunities Fund 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.

Special Opportunities Fund's operating assets for the quarter that ended in Dec. 2023 was $215.65 Mil. Special Opportunities Fund's operating liabilities for the quarter that ended in Dec. 2023 was $1.80 Mil. Special Opportunities Fund's Total Assets for the quarter that ended in Jun. 2023 was $215.77 Mil. Therefore, Special Opportunities Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.99.

Special Opportunities Fund 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.

Special Opportunities Fund'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 )
=	(215.654	-	1.798)	/	210.184
=	1.02

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	215.662	-	0.008
=	215.654

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.798	-	0	-	0
=	1.798

Special Opportunities Fund'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 )
=	(215.654	-	1.798)	/	215.767
=	0.99

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	215.662	-	0.008
=	215.654

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.798	-	0	-	0
=	1.798

* 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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Special Opportunities Fund (Special Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Special Opportunities Fund Inc (NYSE:SPEpB.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SPE:USA

Address

615 East Michigan Street, Milwaukee, WI, USA, 53202

Website

https://www.specialopportunitiesfundinc.com

Special Opportunities Fund Inc is the United States based closed-end diversified management investment company. Its investment objective is to have the total return. The company's investment portfolio consists of investment companies, common stocks, money market funds, commodity partnerships, preferred stocks, convertible bonds, liquidating trusts, promissory notes, senior unsecured notes, warrants, rights, corporate notes and corporate bonds. In addition, it also makes investments in construction materials, consumer finance, healthcare equipment and supplies, independent power and renewable electricity producers, insurance, personal products, professional services and real estate investment trusts.