DMA (Destra Multi-Alternative Fund) Scaled Net Operating Assets: 0.86 (As of Mar. 2026)


DMA Destra Multi-Alternative Fund DMA
34 GF Score
Price $7.33
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What is Destra Multi-Alternative Fund Scaled Net Operating Assets?

Destra Multi-Alternative Fund DMA +0.48% 34 Scaled Net Operating Assets is 0.86 as of Mar. 2026. GuruFocus rates DMA with a GF Score™ of 34/100. The stock has 1 warning sign investors should review.

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

Destra Multi-Alternative Fund's operating assets for the quarter that ended in Mar. 2026 was $90.68 Mil. Destra Multi-Alternative Fund's operating liabilities for the quarter that ended in Mar. 2026 was $1.23 Mil. Destra Multi-Alternative Fund's Total Assets for the quarter that ended in Sep. 2025 was $104.58 Mil. Therefore, Destra Multi-Alternative Fund's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.86.

DMA
34GF Score
Destra Multi-Alternative Fund DMA
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Destra Multi-Alternative 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.

Destra Multi-Alternative Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(90.677-1.233)/108.801
=0.82

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=90.677 - 0
=90.677

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.133 - 9.9 - 0
=1.233

Destra Multi-Alternative Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(90.677-1.233)/104.582
=0.86

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=90.677 - 0
=90.677

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.133 - 9.9 - 0
=1.233

* 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 0.86 mean?
Destra Multi-Alternative Fund (DMA) has a Scaled Net Operating Assets of 0.86 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Destra Multi-Alternative Fund and its competitors.
Is Destra Multi-Alternative Fund's Scaled Net Operating Assets too high?
Destra Multi-Alternative Fund's current Scaled Net Operating Assets is 0.86. Overall, Destra Multi-Alternative Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Destra Multi-Alternative Fund's Scaled Net Operating Assets compare to PGZ and CCIF?
Destra Multi-Alternative Fund's Scaled Net Operating Assets of 0.86 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 Destra Multi-Alternative Fund and its competitors. Destra Multi-Alternative Fund's current Scaled Net Operating Assets is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destra Multi-Alternative Fund stock overvalued right now?
Destra Multi-Alternative Fund (DMA) has a current Scaled Net Operating Assets of 0.86. The current Scaled Net Operating Assets is 0.86. Destra Multi-Alternative Fund's overall GF Score™ is 34/100 with 1 warning sign 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 Destra Multi-Alternative Fund (DMA), the current Scaled Net Operating Assets is 0.86 as of Mar. 2026. 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.

Destra Multi-Alternative Fund Business Description

Address 443 North Willson Avenue, Bozeman, MT, USA, 59715
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income, with an emphasis on income generation. The Fund pursues its investment objective by investing mainly in the income-producing securities of real estate investment trusts (REITs) and alternative investment funds, as well as common stocks and structured notes, bonds, and asset-backed securities.
34GF Score

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

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