CATCo Reinsurance Opportunities Fund (LSE:CAT) Scaled Net Operating Assets : 1.01 (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is CATCo Reinsurance Opportunities Fund 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.

CATCo Reinsurance Opportunities Fund's operating assets for the quarter that ended in Jun. 2024 was $19.42 Mil. CATCo Reinsurance Opportunities Fund's operating liabilities for the quarter that ended in Jun. 2024 was $2.32 Mil. CATCo Reinsurance Opportunities Fund's Total Assets for the quarter that ended in Dec. 2023 was $16.92 Mil. Therefore, CATCo Reinsurance Opportunities Fund's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 1.01.

CATCo Reinsurance Opportunities 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.

CATCo Reinsurance Opportunities Fund'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 )
=	(12.812	-	2.448)	/	11.979
=	0.87

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	16.923	-	4.111
=	12.812

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.448	-	0	-	0
=	2.448

CATCo Reinsurance Opportunities Fund'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 )
=	(19.419	-	2.324)	/	16.923
=	1.01

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	23.543	-	4.124
=	19.419

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.324	-	0	-	0
=	2.324

* 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.

CATCo Reinsurance Opportunities Fund Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of CATCo Reinsurance Opportunities Fund's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

CATCo Reinsurance Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CATCo Reinsurance Opportunities Fund Ltd (LSE:CAT) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

141 Front Street, 8th Floor East, Hamilton, BMU, HM 19

Website

https://www.catcoreoppsfund.com

CATCo Reinsurance Opportunities Fund Ltd is a close-ended mutual fund company. The company is a feeder fund and invests all its investment proceeds directly in the CATCo Diversified Fund. The company's investment objective is to allow its shareholders to participate in the returns from investments linked to catastrophe reinsurance risks.