IAF (Abrdn Australia Equity Fund) Scaled Net Operating Assets: 0.98 (As of Apr. 2026)

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IAF Abrdn Australia Equity Fund Inc IAF
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What is Abrdn Australia Equity Fund Scaled Net Operating Assets?

Abrdn Australia Equity Fund IAF +1.59% 30 Scaled Net Operating Assets is 0.98 as of Apr. 2026. GuruFocus rates IAF with a GF Score™ of 30/100. The stock has 7 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.

Abrdn Australia Equity Fund's operating assets for the quarter that ended in Apr. 2026 was $148.21 Mil. Abrdn Australia Equity Fund's operating liabilities for the quarter that ended in Apr. 2026 was $0.37 Mil. Abrdn Australia Equity Fund's Total Assets for the quarter that ended in Oct. 2025 was $150.93 Mil. Therefore, Abrdn Australia Equity Fund's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.98.

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Abrdn Australia Equity Fund Inc IAF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Abrdn Australia Equity 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.

Abrdn Australia Equity Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(150.363-0.407)/146.348
=1.02

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=150.925 - 0.562
=150.363

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10.227 - 9.82 - 0
=0.407

Abrdn Australia Equity Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(148.212-0.37)/150.925
=0.98

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=149.372 - 1.16
=148.212

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11.154 - 10.784 - 0
=0.37

* 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 0.98 mean?
Abrdn Australia Equity Fund (IAF) has a Scaled Net Operating Assets of 0.98 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Abrdn Australia Equity Fund and its competitors.
Is Abrdn Australia Equity Fund's Scaled Net Operating Assets too high?
Abrdn Australia Equity Fund's current Scaled Net Operating Assets is 0.98. Overall, Abrdn Australia Equity Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Abrdn Australia Equity Fund's Scaled Net Operating Assets compare to DMO and GGZ?
Abrdn Australia Equity Fund's Scaled Net Operating Assets of 0.98 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 Abrdn Australia Equity Fund and its competitors. Abrdn Australia Equity Fund's current Scaled Net Operating Assets is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abrdn Australia Equity Fund stock overvalued right now?
Abrdn Australia Equity Fund (IAF) has a current Scaled Net Operating Assets of 0.98. The current Scaled Net Operating Assets is 0.98. Abrdn Australia Equity Fund's overall GF Score™ is 30/100 with 7 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 Abrdn Australia Equity Fund (IAF), the current Scaled Net Operating Assets is 0.98 as of Apr. 2026. 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.

Abrdn Australia Equity Fund Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Aberdeen Australia Equity Fund Inc is a non-diversified closed-end investment management company. With a core focus on long-term capital appreciation, it invests predominantly in equity securities listed on the Australian Stock Exchange. Its secondary objective is current income, which it expects to derive from dividends and interest on Australian corporate and governmental securities. Its investment portfolio comprises diversified sectors that include Financials, Health Care, Materials, Information Technology, Real Estate, and other sectors.
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