Future Generation Investment Co (ASX:FGX) Scaled Net Operating Assets : 0.03 (As of Jun. 2024)

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What is Future Generation Investment Co 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.

Future Generation Investment Co's operating assets for the quarter that ended in Jun. 2024 was A$39.39 Mil. Future Generation Investment Co's operating liabilities for the quarter that ended in Jun. 2024 was A$24.17 Mil. Future Generation Investment Co's Total Assets for the quarter that ended in Dec. 2023 was A$547.15 Mil. Therefore, Future Generation Investment Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.03.

Future Generation Investment Co 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.

Future Generation Investment Co'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 )
=	(546.969	-	21.968)	/	516.911
=	1.02

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	547.15	-	0.181
=	546.969

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	21.968	-	0	-	0
=	21.968

Future Generation Investment Co'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 )
=	(39.386	-	24.172)	/	547.15
=	0.03

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	560.252	-	520.866
=	39.386

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	24.172	-	0	-	0
=	24.172

* 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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Future Generation Investment Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Governor Phillip Tower, Level 26, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.futuregeninvest.com.au

Future Generation Investment Co Ltd is an investment company engaged in investing activities including cash, term deposits and investments in underlying funds managed by Australian equity fund managers. The company's investment objectives are to provide shareholders with a growing stream of fully franked dividends, achieve long-term capital growth and preserve shareholder capital.