ASG (Liberty All Star Growth Fund) Scaled Net Operating Assets: 1.00 (As of Dec. 2025)


ASG Liberty All Star Growth Fund Inc ASG
36 GF Score
Price $5.34
GF Value $1.61
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Liberty All Star Growth Fund Scaled Net Operating Assets?

Liberty All Star Growth Fund ASG +0.56% 36 Scaled Net Operating Assets is 1.00 as of Dec. 2025. GuruFocus rates ASG with a GF Score™ of 36/100 and a GF Value™ of $1.61 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Liberty All Star Growth Fund's operating assets for the quarter that ended in Dec. 2025 was $380.51 Mil. Liberty All Star Growth Fund's operating liabilities for the quarter that ended in Dec. 2025 was $12.16 Mil. Liberty All Star Growth Fund's Total Assets for the quarter that ended in Jun. 2025 was $369.70 Mil. Therefore, Liberty All Star Growth Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.00.

ASG
36GF Score
Liberty All Star Growth Fund Inc ASG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Liberty All Star Growth 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.

Liberty All Star Growth Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(380.513-12.163)/378.666
=0.97

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=380.513 - 0
=380.513

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.163 - 0 - 0
=12.163

Liberty All Star Growth Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(380.513-12.163)/369.704
=1.00

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=380.513 - 0
=380.513

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.163 - 0 - 0
=12.163

* 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.

What does a Scaled Net Operating Assets of 1.00 mean?
Liberty All Star Growth Fund (ASG) has a Scaled Net Operating Assets of 1.00 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Liberty All Star Growth Fund and its competitors.
Is Liberty All Star Growth Fund's Scaled Net Operating Assets too high?
Liberty All Star Growth Fund's current Scaled Net Operating Assets is 1.00. Overall, Liberty All Star Growth Fund has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Liberty All Star Growth Fund's Scaled Net Operating Assets compare to JOF and CION?
Liberty All Star Growth Fund's Scaled Net Operating Assets of 1.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Liberty All Star Growth Fund and its competitors. Liberty All Star Growth Fund's current Scaled Net Operating Assets is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liberty All Star Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, Liberty All Star Growth Fund (ASG) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.61, compared to a current price of $5.34 — trading 231.7% above its estimated fair value. The current Scaled Net Operating Assets is 1.00. Liberty All Star Growth Fund's overall GF Score™ is 36/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Liberty All Star Growth Fund (ASG), the current Scaled Net Operating Assets is 1.00 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Liberty All Star Growth Fund (ASG) Overvalued in 2026?

Based on GuruFocus' analysis, Liberty All Star Growth Fund stock appears to be overvalued. The current stock price of $5.34 is trading 231.7% above its estimated GF Value™ of $1.61. GuruFocus considers Liberty All Star Growth Fund to be Significantly Overvalued.

Key valuation signals for ASG:

  • Scaled Net Operating Assets: 1.00
  • GF Value™: $1.61 vs. price of $5.34 (231.7% above fair value)
  • GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the ASG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Liberty All Star Growth Fund Business Description

Address 1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Liberty All Star Growth Fund Inc is the United States based diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in a diversified portfolio of equity securities. The company's portfolio of investments consists of different industries such as consumer discretionary, consumer staples, healthcare, industrial, information technology and others.
36GF Score

Get the complete analysis for ASG

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.34
Price
$1.61
GF Value