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E Split (FRA:784) Scaled Net Operating Assets : 0.47 (As of Dec. 2023)


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What is E Split 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.

E Split's operating assets for the quarter that ended in Dec. 2023 was €301.83 Mil. E Split's operating liabilities for the quarter that ended in Dec. 2023 was €152.12 Mil. E Split's Total Assets for the quarter that ended in Jun. 2023 was €319.87 Mil. Therefore, E Split's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.47.

E Split 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.

E Split'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 )
=(301.833-152.116)/290.295
=0.52

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=313.105 - 11.272
=301.833

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=152.116 - 0 - 0
=152.116

E Split's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(301.833-152.116)/319.868
=0.47

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=313.105 - 11.272
=301.833

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=152.116 - 0 - 0
=152.116

* 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.

E Split Scaled Net Operating Assets Related Terms

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E Split (FRA:784) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » E Split Corp. (FRA:784) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
ENS.PR.A.PFD:Canada ENS:Canada
Address
100 King Street West, 58th Floor, 1st Canadian Place, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
Website
https://www.middlefield.com
E Split Corp. is a mutual fund company. The company has a portfolio comprised of common shares of Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company. The investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, and for Class A Shares are to provide holders with non-cumulative monthly cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the Portfolio.