India Capital Growth Fund (LSE:IGC) Scaled Net Operating Assets : 0.96 (As of Jun. 2024)

View and export this data going back to 2005. Start your Free Trial

What is India Capital Growth 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.

India Capital Growth Fund's operating assets for the quarter that ended in Jun. 2024 was £169.84 Mil. India Capital Growth Fund's operating liabilities for the quarter that ended in Jun. 2024 was £1.79 Mil. India Capital Growth Fund's Total Assets for the quarter that ended in Dec. 2023 was £174.85 Mil. Therefore, India Capital Growth Fund's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.96.

India Capital Growth 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.

India Capital Growth 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 )
=	(169.84	-	1.347)	/	135.79
=	1.24

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	174.849	-	5.009
=	169.84

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.347	-	0	-	0
=	1.347

India Capital Growth 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 )
=	(169.839	-	1.788)	/	174.849
=	0.96

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	174.716	-	4.877
=	169.839

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.788	-	0	-	0
=	1.788

* 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.

India Capital Growth Fund Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of India Capital Growth Fund's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

India Capital Growth Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » India Capital Growth Fund Ltd (LSE:IGC) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Royal Avenue, 1 Royal Plaza, St Peter Port, GGY, GY1 2HL

Website

https://www.indiacapitalgrowth.com

India Capital Growth Fund Ltd is a closed-ended investment company. The company's investment objective is to provide long-term capital appreciation by investing in companies based in India. Its investment policy permits the company to make investments in a range of Indian equity and equity-linked securities and predominantly in listed mid and small-cap Indian companies with a smaller proportion in unlisted Indian companies. Investment may also be made in large-cap listed Indian companies and in companies incorporated outside India that have significant operations or markets in India. The company's activities are focused on two areas namely Mauritius and India.