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Helios Fairfax Partners (FRA:3UD) Scaled Net Operating Assets : 0.88 (As of Sep. 2024)


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What is Helios Fairfax Partners 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.

Helios Fairfax Partners's operating assets for the quarter that ended in Sep. 2024 was €405.80 Mil. Helios Fairfax Partners's operating liabilities for the quarter that ended in Sep. 2024 was €17.84 Mil. Helios Fairfax Partners's Total Assets for the quarter that ended in Jun. 2024 was €439.72 Mil. Therefore, Helios Fairfax Partners's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.88.

Helios Fairfax Partners 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.

Helios Fairfax Partners'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 )
=(359.849-12.094)/616.066
=0.56

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=447.801 - 87.952
=359.849

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12.597 - 0.503 - 0
=12.094

Helios Fairfax Partners's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(405.796-17.841)/439.718
=0.88

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=430.457 - 24.661
=405.796

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18.301 - 0.46 - 0
=17.841

* 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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Helios Fairfax Partners Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Helios Fairfax Partners Corp (FRA:3UD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
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Address
200 Bay Street, Suite 1301, Royal Bank Plaza, South Tower, Toronto, ON, CAN, M5J 2J2
Website
https://www.heliosinvestment.com
Helios Fairfax Partners Corp is an investment holding company whose investment objective is to achieve long-term capital appreciation while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses. The company is also engaged in property and casualty insurance and reinsurance business.