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Life Settlement Assets (LSE:LSAA) Scaled Net Operating Assets : 0.87 (As of Jun. 2024)


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What is Life Settlement Assets 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.

Life Settlement Assets's operating assets for the quarter that ended in Jun. 2024 was $101.22 Mil. Life Settlement Assets's operating liabilities for the quarter that ended in Jun. 2024 was $2.23 Mil. Life Settlement Assets's Total Assets for the quarter that ended in Dec. 2023 was $113.60 Mil. Therefore, Life Settlement Assets's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.87.

Life Settlement Assets 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.

Life Settlement Assets'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 )
=(101.444-2.388)/113.374
=0.87

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=113.601 - 12.157
=101.444

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.388 - 0 - 0
=2.388

Life Settlement Assets'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 )
=(101.215-2.232)/113.601
=0.87

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=111.004 - 9.789
=101.215

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.232 - 0 - 0
=2.232

* 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.

Life Settlement Assets Scaled Net Operating Assets Related Terms

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Life Settlement Assets Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Life Settlement Assets PLC (LSE:LSAA) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
115 Park Street, 4th Floor, London, GBR, W1K 7AP
Website
https://www.lsaplc.com
Life Settlement Assets PLC is a closed-ended investment company. The company's principal activities are to support and manage portfolios of whole and partial interests in life settlement policies issued by life insurance companies operating predominantly in the United States. Its investment objective is to generate long-term returns for shareholders by investing in the life settlement market. The Company's entire income is generated on the life settlement portfolios in the USA.