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NGE Capital (ASX:NGE) Scaled Net Operating Assets : 0.65 (As of Dec. 2022)


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What is NGE Capital 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.

NGE Capital's operating assets for the quarter that ended in Dec. 2022 was A$23.78 Mil. NGE Capital's operating liabilities for the quarter that ended in Dec. 2022 was A$0.14 Mil. NGE Capital's Total Assets for the quarter that ended in Jun. 2022 was A$36.10 Mil. Therefore, NGE Capital's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.65.


NGE Capital 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.

NGE Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(23.776-0.141)/38.456
=0.61

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=35.96 - 12.184
=23.776

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.166 - 0 - 0.025
=0.141

NGE Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Jun. 2022 )
=(23.776-0.141)/36.104
=0.65

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=35.96 - 12.184
=23.776

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.166 - 0 - 0.025
=0.141

* 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.


NGE Capital Scaled Net Operating Assets Related Terms

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NGE Capital (ASX:NGE) Business Description

Traded in Other Exchanges
N/A
Address
100 Albert Road, Level 4, South Melbourne, Melbourne, VIC, AUS, 3205
NGE Capital Ltd is an internally managed investment company. Its principal activity is to allow investors to gain exposure to a concentrated, high conviction, actively managed portfolio of financial assets.. The company's focus is on listed ASX and international equities, with the aim of generating strong risk-adjusted returns over the medium to long term.