GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Global Utility & Income Trust (AMEX:GLU) » Definitions » Scaled Net Operating Assets

GLU (Gabelli Global Utility &ome Trust) Scaled Net Operating Assets : 0.70 (As of Jun. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Gabelli Global Utility &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 Global Utility &ome Trust's operating assets for the quarter that ended in Jun. 2024 was $120.90 Mil. Gabelli Global Utility &ome Trust's operating liabilities for the quarter that ended in Jun. 2024 was $32.41 Mil. Gabelli Global Utility &ome Trust's Total Assets for the quarter that ended in Dec. 2023 was $127.26 Mil. Therefore, Gabelli Global Utility &ome Trust's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.70.

Gabelli Global Utility &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 Global Utility &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 )
=(127.255-38.506)/156.564
=0.57

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=127.264 - 0.009
=127.255

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=38.514 - 0.008 - 0
=38.506

Gabelli Global Utility &ome 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 )
=(120.899-32.411)/127.264
=0.70

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=120.913 - 0.014
=120.899

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32.903 - 0.492 - 0
=32.411

* 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 Global Utility &ome Trust Scaled Net Operating Assets Related Terms

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

Gabelli Global Utility &ome Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Global Utility & Income Trust (AMEX:GLU) » Definitions » Scaled Net Operating Assets
Comparable Companies
RFM GNT HNNA IHD GDL BBXIA PGP HNW NMI MGF BLK BX KKR TSX:BAM OSTO:INVE A TSX:BN APO AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
GLUpB.PFD:USA GLUpA.PFD:USA
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Website
https://www.gabelli.com
Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. The Fund's objective is to seek a consistent level of after-tax total return. It predominantly invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.
Executives
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Mario J Gabelli officer: Chairman and CIO 191 MASON STREET, GREENWICH CT 06830
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Sell Richard G Jr officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
David I Schachter officer: Vice President ONE CORPORATE CENTER, RYE NY 10580
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Gabelli Funds Llc other: Investment Advisor ONE CORPORATE CENTER, RYE NY 10580
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Karl Otto Pohl director ONE CORPORATE CENTER, RYE NY 10580