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


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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.


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CATCo Reinsurance Opportunities Fund Business Description

Traded in Other Exchanges
N/A
Address
141 Front Street, 8th Floor East, Hamilton, BMU, HM 19
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.