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GGZPA.PFD (The Gabelli Global Small and Mid Cap Value Trust) Scaled Net Operating Assets : 0.84 (As of Jun. 2024)


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What is The Gabelli Global Small and Mid Cap Value 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.

The Gabelli Global Small and Mid Cap Value Trust's operating assets for the quarter that ended in Jun. 2024 was $127.67 Mil. The Gabelli Global Small and Mid Cap Value Trust's operating liabilities for the quarter that ended in Jun. 2024 was $16.28 Mil. The Gabelli Global Small and Mid Cap Value Trust's Total Assets for the quarter that ended in Dec. 2023 was $132.80 Mil. Therefore, The Gabelli Global Small and Mid Cap Value Trust's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.84.

The Gabelli Global Small and Mid Cap Value 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.

The Gabelli Global Small and Mid Cap Value 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 )
=(132.786-16.283)/149.151
=0.78

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=132.799 - 0.013
=132.786

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.303 - 0.02 - 0
=16.283

The Gabelli Global Small and Mid Cap Value Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(127.672-16.278)/132.799
=0.84

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=127.696 - 0.024
=127.672

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.278 - 0 - 0
=16.278

* 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.

The Gabelli Global Small and Mid Cap Value Trust Scaled Net Operating Assets Related Terms

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The Gabelli Global Small and Mid Cap Value Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Gabelli Global Small and Mid Cap Value Trust (NYSE:GGZpA.PFD) » Definitions » Scaled Net Operating Assets
Comparable Companies
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Traded in Other Exchanges
GGZ:USA
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Website
https://www.gabelli.com
The Gabelli Global Small and Mid Cap Value Trust is a diversified closed-ended management investment company whose investment objective is long-term capital growth. It invests in equity securities such as common stock and preferred stock of companies.