Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Scaled Net Operating Assets : 0.88 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Gabelli Dividend &ome Trust 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.

Gabelli Dividend &ome Trust's operating assets for the quarter that ended in Dec. 2023 was $2,650.72 Mil. Gabelli Dividend &ome Trust's operating liabilities for the quarter that ended in Dec. 2023 was $347.94 Mil. Gabelli Dividend &ome Trust's Total Assets for the quarter that ended in Jun. 2023 was $2,612.36 Mil. Therefore, Gabelli Dividend &ome Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.88.

Gabelli Dividend &ome Trust 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.

Gabelli Dividend &ome Trust'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 )
=	(2650.717	-	347.937)	/	2530.283
=	0.91

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2651.026	-	0.309
=	2650.717

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	347.937	-	0	-	0
=	347.937

Gabelli Dividend &ome Trust'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 )
=	(2650.717	-	347.937)	/	2612.363
=	0.88

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2651.026	-	0.309
=	2650.717

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	347.937	-	0	-	0
=	347.937

* 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.

Gabelli Dividend &ome Trust Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Gabelli Dividend &ome Trust's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Gabelli Dividend &ome Trust (Gabelli Dividend &ome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Dividend & Income Trust (NYSE:GDVpG.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

GDVpK.PFD:USA GDVPH.PFD:USA GDV:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Dividend & Income Trust operates as a diversified closed-end management investment company. The fund's investment objective is to provide a high level of total return on its assets with an emphasis on dividends and income. To achieve its objective, the fund may invest 80% of its assets in dividend-paying securities or other income-producing securities. The fund invests in various sectors, in which Financial Services, Food & Beverage, Health Care, Consumer Products, Electronics and Computer Software & Services accounts for the majority weightage.