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GNTPA.PFD (GAMCO Natural Resources, Gold &ome Trust) Scaled Net Operating Assets : 0.69 (As of Dec. 2024)


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What is GAMCO Natural Resources, Gold &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.

GAMCO Natural Resources, Gold &ome Trust's operating assets for the quarter that ended in Dec. 2024 was $137.37 Mil. GAMCO Natural Resources, Gold &ome Trust's operating liabilities for the quarter that ended in Dec. 2024 was $39.04 Mil. GAMCO Natural Resources, Gold &ome Trust's Total Assets for the quarter that ended in Jun. 2024 was $142.98 Mil. Therefore, GAMCO Natural Resources, Gold &ome Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.69.

GAMCO Natural Resources, Gold &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.

GAMCO Natural Resources, Gold &ome Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(137.369-39.041)/132.786
=0.74

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=137.369 - 0
=137.369

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39.976 - 0.935 - 0
=39.041

GAMCO Natural Resources, Gold &ome Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Jun. 2024 )
=(137.369-39.041)/142.979
=0.69

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=137.369 - 0
=137.369

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39.976 - 0.935 - 0
=39.041

* 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.

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GAMCO Natural Resources, Gold &ome Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAMCO Natural Resources, Gold & Income Trust (NYSE:GNTpA.PFD) » Definitions » Scaled Net Operating Assets
Comparable Companies
NMI ERH GGZ IGI GLU HNW IHD RMI CEE BCV BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
GNT:USA
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Website
https://www.gabelli.com
GAMCO Natural Resources, Gold & Income Trust is a non-diversified closed-end management investment company. The company's primary investment objective is to provide a high level of current income from interest, dividends, and options premiums with its secondary objective being capital appreciation. Under normal market conditions, the company invests majority of its assets in securities of companies principally engaged in the natural resources and gold industries, and also engages in writing covered call options on the underlying equity securities. Its portfolio consists of securities from different sectors such as metals and mining, energy and energy services, specialty chemicals, agriculture, healthcare, machinery, food and beverage, and others.