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Brompton Lifeco Split (TSX:LCS.PR.A.PFD) Scaled Net Operating Assets : 0.27 (As of Jun. 2024)


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What is Brompton Lifeco Split 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.

Brompton Lifeco Split's operating assets for the quarter that ended in Jun. 2024 was C$100.21 Mil. Brompton Lifeco Split's operating liabilities for the quarter that ended in Jun. 2024 was C$62.20 Mil. Brompton Lifeco Split's Total Assets for the quarter that ended in Dec. 2023 was C$138.86 Mil. Therefore, Brompton Lifeco Split's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.27.


Brompton Lifeco Split 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.

Brompton Lifeco Split'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 )
=(137.488-83.159)/134.58
=0.40

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=138.86 - 1.372
=137.488

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=83.159 - 0 - 0
=83.159

Brompton Lifeco Split's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(100.207-62.2)/138.86
=0.27

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=102.143 - 1.936
=100.207

* 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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Brompton Lifeco Split Business Description

Traded in Other Exchanges
Address
181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brompton Lifeco Split Corp is a mutual fund corporation based in Canada. It invests in a portfolio comprised of common shares of publicly traded Canadian life insurance companies. The Fund's objectives in managing its capital are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price to the holders of the shares on the maturity date, the terms of which may be extended for periods of up to five years as determined by the Board of Directors, and to provide holders of Class A shares with regular monthly cash distributions targeted share and the opportunity for growth in Net Asset Value per share. Its products are ETFs, Other TSX Traded Funds Preferred Shares, Split Share Class A Share Investments.