GF (NEW GERMANY FUND) Scaled Net Operating Assets: 0.85 (As of Dec. 2025)


GF NEW GERMANY FUND INC GF
35 GF Score
Price $11.57
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What is NEW GERMANY FUND Scaled Net Operating Assets?

NEW GERMANY FUND GF +1.05% 35 Scaled Net Operating Assets is 0.85 as of Dec. 2025. GuruFocus rates GF with a GF Score™ of 35/100. The stock has 2 warning signs investors should review.

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

NEW GERMANY FUND's operating assets for the quarter that ended in Dec. 2025 was $235.12 Mil. NEW GERMANY FUND's operating liabilities for the quarter that ended in Dec. 2025 was $29.63 Mil. NEW GERMANY FUND's Total Assets for the quarter that ended in Jun. 2025 was $241.62 Mil. Therefore, NEW GERMANY FUND's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.85.

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35GF Score
NEW GERMANY FUND INC GF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NEW GERMANY 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.

NEW GERMANY FUND's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(235.124-29.627)/161.141
=1.28

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=235.145 - 0.021
=235.124

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29.627 - 0 - 0
=29.627

NEW GERMANY FUND's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(235.124-29.627)/241.619
=0.85

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=235.145 - 0.021
=235.124

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=29.627 - 0 - 0
=29.627

* 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 0.85 mean?
NEW GERMANY FUND (GF) has a Scaled Net Operating Assets of 0.85 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on NEW GERMANY FUND and its competitors.
Is NEW GERMANY FUND's Scaled Net Operating Assets too high?
NEW GERMANY FUND's current Scaled Net Operating Assets is 0.85. Overall, NEW GERMANY FUND has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NEW GERMANY FUND's Scaled Net Operating Assets compare to BANX and WHG?
NEW GERMANY FUND's Scaled Net Operating Assets of 0.85 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 NEW GERMANY FUND and its competitors. NEW GERMANY FUND's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEW GERMANY FUND stock overvalued right now?
NEW GERMANY FUND (GF) has a current Scaled Net Operating Assets of 0.85. The current Scaled Net Operating Assets is 0.85. NEW GERMANY FUND's overall GF Score™ is 35/100 with 2 warning signs 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 NEW GERMANY FUND (GF), the current Scaled Net Operating Assets is 0.85 as of Dec. 2025. 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.

NEW GERMANY FUND Business Description

Address 875 Third Avenue, New York, NY, USA, 10022-6225
NEW GERMANY FUND INC is a non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle-market German equities. The fund's portfolio of investments includes investments in different sectors such as the industrials, information technology, materials, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, Healthcare, Energy, and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Luxembourg.
35GF Score

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