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Capital Gearing Trust (LSE:CGT) Scaled Net Operating Assets : 0.92 (As of Mar. 2024)


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What is Capital Gearing 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.

Capital Gearing Trust's operating assets for the quarter that ended in Mar. 2024 was £1,058.29 Mil. Capital Gearing Trust's operating liabilities for the quarter that ended in Mar. 2024 was £9.76 Mil. Capital Gearing Trust's Total Assets for the quarter that ended in Sep. 2023 was £1,137.33 Mil. Therefore, Capital Gearing Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.92.

Capital Gearing 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.

Capital Gearing Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(1058.292-9.762)/1273.459
=0.82

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1069.935 - 11.643
=1058.292

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.762 - 0 - 0
=9.762

Capital Gearing Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Sep. 2023 )
=(1058.292-9.762)/1137.33
=0.92

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1069.935 - 11.643
=1058.292

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.762 - 0 - 0
=9.762

* 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.

Capital Gearing Trust Scaled Net Operating Assets Related Terms

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Capital Gearing Trust (LSE:CGT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Capital Gearing Trust PLC (LSE:CGT) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
CGTl:UK
Address
C/o Carson Mcdowell Llp, Murray House, Murray Street, Belfast, GBR, BT1 6DN
Website
http://www.capitalgearingtrust.com
Capital Gearing Trust PLC is an investment company. The company investment objectives are to preserve shareholder's real wealth and to achieve absolute total return over the medium to longer term. It aims to achieve its investment objectives through investment in quoted closed-ended funds and other collective investment vehicles, bonds, commodities, and cash, when appropriate.