GCP Asset Backedome Fund (LSE:GABI) Scaled Net Operating Assets : 0.59 (As of Jun. 2024)

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What is GCP Asset Backedome 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.

GCP Asset Backedome Fund's operating assets for the quarter that ended in Jun. 2024 was £237.28 Mil. GCP Asset Backedome Fund's operating liabilities for the quarter that ended in Jun. 2024 was £1.06 Mil. GCP Asset Backedome Fund's Total Assets for the quarter that ended in Dec. 2023 was £398.11 Mil. Therefore, GCP Asset Backedome Fund's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.59.

GCP Asset Backedome 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.

GCP Asset Backedome 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 )
=	(367.175	-	1.366)	/	445.691
=	0.82

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	398.111	-	30.936
=	367.175

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.366	-	0	-	0
=	1.366

GCP Asset Backedome 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 )
=	(237.279	-	1.062)	/	398.111
=	0.59

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	242.919	-	5.64
=	237.279

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.062	-	0	-	0
=	1.062

* 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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GCP Asset Backedome Fund Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

IFC 5, Saint Helier, JEY, JE1 1ST

Website

http://www.gcpassetbacked.com

GCP Asset Backed Income Fund Ltd is a closed-ended investment company. Its objective is to generate risk-adjusted returns through regular, growing distributions and modest capital appreciation over the long term. It provides investors with exposure to a portfolio of United Kingdom-based asset-backed loans secured against cash flows or physical assets. The company invests in a diversified portfolio of fixed and floating-rate loans secured against physical assets, which have contracted, predictable medium-to-long-term cash flows. It invests in various sectors, which include asset finance, property, energy and infrastructure, and social infrastructure among others.