Gulf Investment Fund (LSE:GIFS) Scaled Net Operating Assets : 0.95 (As of Jun. 2024)

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What is Gulf Investment 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.

Gulf Investment Fund's operating assets for the quarter that ended in Jun. 2024 was $97.37 Mil. Gulf Investment Fund's operating liabilities for the quarter that ended in Jun. 2024 was $0.34 Mil. Gulf Investment Fund's Total Assets for the quarter that ended in Dec. 2023 was $102.41 Mil. Therefore, Gulf Investment Fund's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.95.

Gulf Investment 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.

Gulf Investment Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2024 )
=	(Operating Assets (A: Jun. 2024 )	-	Operating Liabilities (A: Jun. 2024 ))	/	Total Assets (A: Jun. 2023 )
=	(97.368	-	0.339)	/	97.462
=	1.00

where

	Operating Assets		(A: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	98.112	-	0.744
=	97.368

	Operating Liabilities		(A: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.339	-	0	-	0
=	0.339

Gulf Investment 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 )
=	(97.368	-	0.339)	/	102.411
=	0.95

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	98.112	-	0.744
=	97.368

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.339	-	0	-	0
=	0.339

* 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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Gulf Investment Fund Business Description

Industry

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Traded in Other Exchanges

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Address

54-62 Athol Street, Exchange House, Douglas, IMN, IM1 1JD

Website

https://www.gulfinvestmentfundplc.com

Gulf Investment Fund PLC is a closed-ended investment company. Its investment objective is to capture, through the medium of the Qatar Exchange, the opportunities for growth offered by the expanding Qatari economy by investing in listed companies or companies soon to be listed. The company's segmental operation comprises the investment in a portfolio of equity securities in the GCC region.