abrdn Asia Focus (LSE:AAS) Scaled Net Operating Assets : 0.92 (As of Jan. 2024)

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What is abrdn Asia Focus 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.

abrdn Asia Focus's operating assets for the quarter that ended in Jan. 2024 was £522.49 Mil. abrdn Asia Focus's operating liabilities for the quarter that ended in Jan. 2024 was £7.62 Mil. abrdn Asia Focus's Total Assets for the quarter that ended in Jul. 2023 was £557.72 Mil. Therefore, abrdn Asia Focus's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.92.

abrdn Asia Focus 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 Asia Focus's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jul. 2023 )
=	(Operating Assets (A: Jul. 2023 )	-	Operating Liabilities (A: Jul. 2023 ))	/	Total Assets (A: Jul. 2022 )
=	(551.909	-	5.859)	/	535.776
=	1.02

where

	Operating Assets		(A: Jul. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	557.716	-	5.807
=	551.909

	Operating Liabilities		(A: Jul. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	71.932	-	66.073	-	0
=	5.859

abrdn Asia Focus's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Jul. 2023 )
=	(522.491	-	7.624)	/	557.716
=	0.92

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	540.303	-	17.812
=	522.491

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	73.802	-	66.178	-	0
=	7.624

* 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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abrdn Asia Focus (LSE:AAS) Business Description

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AASl:UK

Address

280 Bishopsgate, London, GBR, EC2M 4AG

Website

https://www.asia-focus.co.uk

abrdn Asia Focus PLC, formerly Aberdeen Standard Asia Focus PLC is a United Kingdom-based investment trust. Its investment objective is to maximize total return to shareholders over the long term from a portfolio of smaller quoted companies in the economies of Asia and Australasia, excluding Japan. The company uses gearing selectively to leverage its portfolio in order to enhance returns. It aims to achieve a spread of investments, with no single investment representing more than 15% of assets at the time of investment. The company seeks to diversify its portfolio across a range of industries and economies within the investment region.