London City Equities (ASX:LCE) Scaled Net Operating Assets : 0.62 (As of Dec. 2024)

View and export this data going back to 1987. Start your Free Trial

What is London City Equities 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.

London City Equities's operating assets for the quarter that ended in Dec. 2024 was A$19.83 Mil. London City Equities's operating liabilities for the quarter that ended in Dec. 2024 was A$3.46 Mil. London City Equities's Total Assets for the quarter that ended in Jun. 2024 was A$26.61 Mil. Therefore, London City Equities's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.62.

London City Equities 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.

London City Equities's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2024 )
=	(Operating Assets (A: Jun. 2024 )	-	Operating Liabilities (A: Jun. 2024 ))	/	Total Assets (A: Jun. 2023 )
=	(26.593	-	5.175)	/	20.611
=	1.04

where

	Operating Assets		(A: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	26.613	-	0.02
=	26.593

	Operating Liabilities		(A: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5.175	-	0	-	0
=	5.175

London City Equities's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(19.83	-	3.457)	/	26.613
=	0.62

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	27.019	-	7.189
=	19.83

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3.457	-	0	-	0
=	3.457

* 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.

London City Equities Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of London City Equities's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

London City Equities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » London City Equities Ltd (ASX:LCE) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Harrington Street, Level 2, Suite 212, The Rocks, NSW, AUS, 2000

Website

http://www.londoncity.com.au

London City Equities Ltd is a holding company engaged in investing in entities that have market shares and offer growth. Its segments include Equity investment and Other. The company researches and invests long-term in strategic shareholdings in companies, which holds industry positions and has management, and represents value. The Equity investment segment acts as a key revenue generator for the firm.