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Foresight VCT (LSE:FTV) Scaled Net Operating Assets : 0.72 (As of Jun. 2024)


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What is Foresight VCT 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.

Foresight VCT's operating assets for the quarter that ended in Jun. 2024 was £161.83 Mil. Foresight VCT's operating liabilities for the quarter that ended in Jun. 2024 was £2.84 Mil. Foresight VCT's Total Assets for the quarter that ended in Dec. 2023 was £221.06 Mil. Therefore, Foresight VCT's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.72.

Foresight VCT 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.

Foresight VCT'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 )
=(174.858-1.939)/192.337
=0.90

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=221.058 - 46.2
=174.858

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.939 - 0 - 0
=1.939

Foresight VCT'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 )
=(161.827-2.841)/221.058
=0.72

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=220.811 - 58.984
=161.827

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.841 - 0 - 0
=2.841

* 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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Foresight VCT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight VCT PLC (LSE:FTV) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
32 London Bridge Street, The Shard, London, GBR, SE1 9SG
Website
https://www.foresightgroup.eu
Foresight VCT PLC is a UK-based venture capital trust. The company's activity is to make investments in unquoted or alternative investment market listed companies in the UK. The investment objective of the company is to provide private investors with regular dividends and maintained capital value from a portfolio of investments in fast-growing unquoted companies in the United Kingdom. The company invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, fixed-interest securities, and cash.