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Ophir High Conviction Fund (ASX:OPH) Scaled Net Operating Assets : 1.01 (As of Dec. 2024)


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What is Ophir High Conviction Fund 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.

Ophir High Conviction Fund's operating assets for the quarter that ended in Dec. 2024 was A$676.1 Mil. Ophir High Conviction Fund's operating liabilities for the quarter that ended in Dec. 2024 was A$2.4 Mil. Ophir High Conviction Fund's Total Assets for the quarter that ended in Jun. 2024 was A$670.2 Mil. Therefore, Ophir High Conviction Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 1.01.

Ophir High Conviction 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.

Ophir High Conviction Fund'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 )
=(629.747-28.677)/617.432
=0.97

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=670.177 - 40.43
=629.747

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28.677 - 0 - 0
=28.677

Ophir High Conviction Fund'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 )
=(676.073-2.355)/670.177
=1.01

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=722.349 - 46.276
=676.073

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.355 - 0 - 0
=2.355

* 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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Ophir High Conviction Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ophir High Conviction Fund (ASX:OPH) » Definitions » Scaled Net Operating Assets
Comparable Companies
ASX:QAL ASX:MOT ASX:QRI ASX:HM1 ASX:WHF ASX:PAC ASX:FGG ASX:AEF ASX:GCI ASX:WGB BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
N/A
Address
123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
Website
https://www.ophiram.com.au
Ophir High Conviction Fund provides investors with exposure to a portfolio of Australian growth companies listed outside the S&P/ASX 50. The fund aims to identify under-researched or under-valued businesses leveraged to structural growth opportunities. It Fund operates predominantly in Australia and is engaged solely in investment activities and deriving revenue from dividend and distribution income, interest income, and the sale of its investment portfolio.