Harmony Energyome Trust (LSE:HEIC) Scaled Net Operating Assets: 0.90 (As of Oct. 2024)

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LSE:HEIC Harmony Energy Income Trust PLC LSE:HEIC
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What is Harmony Energyome Trust Scaled Net Operating Assets?

Harmony Energyome Trust LSE:HEIC 14 Scaled Net Operating Assets is 0.90 as of Oct. 2024. GuruFocus rates LSE:HEIC with a GF Score™ of 14/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Harmony Energyome Trust's operating assets for the quarter that ended in Oct. 2024 was £197.21 Mil. Harmony Energyome Trust's operating liabilities for the quarter that ended in Oct. 2024 was £0.37 Mil. Harmony Energyome Trust's Total Assets for the quarter that ended in Apr. 2024 was £218.98 Mil. Therefore, Harmony Energyome Trust's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.90.

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Harmony Energy Income Trust PLC LSE:HEIC
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Harmony Energyome 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.

Harmony Energyome Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2024 )
=(Operating Assets (A: Oct. 2024 )-Operating Liabilities (A: Oct. 2024 ))/Total Assets (A: Oct. 2023 )
=(197.21-0.374)/262.571
=0.75

where

Operating Assets(A: Oct. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=201.421 - 4.211
=197.21

Operating Liabilities(A: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.374 - 0 - 0
=0.374

Harmony Energyome Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2024 )
=(Operating Assets (Q: Oct. 2024 )-Operating Liabilities (Q: Oct. 2024 ))/Total Assets (Q: Apr. 2024 )
=(197.21-0.374)/218.979
=0.90

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=201.421 - 4.211
=197.21

Operating Liabilities(Q: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.374 - 0 - 0
=0.374

* 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.

What does a Scaled Net Operating Assets of 0.90 mean?
Harmony Energyome Trust (LSE:HEIC) has a Scaled Net Operating Assets of 0.90 as of Oct. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Harmony Energyome Trust and its competitors.
Is Harmony Energyome Trust's Scaled Net Operating Assets too high?
Harmony Energyome Trust's current Scaled Net Operating Assets is 0.90. Overall, Harmony Energyome Trust has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Harmony Energyome Trust's Scaled Net Operating Assets compare to BLK and KKR?
Harmony Energyome Trust's Scaled Net Operating Assets of 0.90 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Harmony Energyome Trust and its competitors. Harmony Energyome Trust's current Scaled Net Operating Assets is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmony Energyome Trust stock overvalued right now?
Harmony Energyome Trust (LSE:HEIC) has a current Scaled Net Operating Assets of 0.90. The current Scaled Net Operating Assets is 0.90. Harmony Energyome Trust's overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Harmony Energyome Trust (LSE:HEIC), the current Scaled Net Operating Assets is 0.90 as of Oct. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Harmony Energyome Trust Business Description

Address 52 Lime Street, The Scalpel 18th Floor, London, GBR, EC3M 7AF
Harmony Energy Income Trust PLC is an investment company that invests in commercial-scale energy storage and renewable energy generation projects, with an initial focus on a diversified portfolio of battery energy storage systems (BESS) located across Great Britain.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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