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Fidelity Japan Trust (LSE:FJV) Scaled Net Operating Assets : 0.92 (As of Jun. 2024)


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What is Fidelity Japan 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.

Fidelity Japan Trust's operating assets for the quarter that ended in Jun. 2024 was £240.50 Mil. Fidelity Japan Trust's operating liabilities for the quarter that ended in Jun. 2024 was £3.36 Mil. Fidelity Japan Trust's Total Assets for the quarter that ended in Dec. 2023 was £258.84 Mil. Therefore, Fidelity Japan Trust's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.92.

Fidelity Japan 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.

Fidelity Japan Trust'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 )
=(255.767-1.047)/237.963
=1.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=258.84 - 3.073
=255.767

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.047 - 0 - 0
=1.047

Fidelity Japan Trust'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 )
=(240.503-3.364)/258.84
=0.92

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=241.003 - 0.5
=240.503

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.364 - 0 - 0
=3.364

* 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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Fidelity Japan Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fidelity Japan Trust PLC (LSE:FJV) » Definitions » Scaled Net Operating Assets
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LSE:HAN LSE:RTW LSE:JMI LSE:CCJI LSE:BGLF LSE:SHIP LSE:TMI LSE:MNL LSE:BGUK LSE:ADIG BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
FJVl:UK
Address
Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Website
https://www.fidelity.co.uk
Fidelity Japan Trust PLC is a UK-based investment trust company. Its objective is to achieve long-term capital growth by investing predominantly in equities and related securities of Japanese companies. The Portfolio Manager aims to achieve a total return on the Company's assets over the long term over the Reference Index, the TOPIX Total Return Index, as expressed in sterling terms.