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Mavenome and Growth VCT (LSE:MIG1) Scaled Net Operating Assets : 0.97 (As of Aug. 2024)


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What is Mavenome and Growth VCT 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.

Mavenome and Growth VCT's operating assets for the quarter that ended in Aug. 2024 was £59.81 Mil. Mavenome and Growth VCT's operating liabilities for the quarter that ended in Aug. 2024 was £0.34 Mil. Mavenome and Growth VCT's Total Assets for the quarter that ended in Feb. 2024 was £61.32 Mil. Therefore, Mavenome and Growth VCT's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2024 was 0.97.


Mavenome and Growth VCT 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.

Mavenome and Growth VCT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2024 )
=(Operating Assets (A: Feb. 2024 )-Operating Liabilities (A: Feb. 2024 ))/Total Assets (A: Feb. 2023 )
=(55.844-0.297)/57.886
=0.96

where

Operating Assets(A: Feb. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=61.32 - 5.476
=55.844

Operating Liabilities(A: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.297 - 0 - 0
=0.297

Mavenome and Growth VCT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2024 )
=(Operating Assets (Q: Aug. 2024 )-Operating Liabilities (Q: Aug. 2024 ))/Total Assets (Q: Feb. 2024 )
=(59.814-0.343)/61.32
=0.97

where

Operating Assets(Q: Aug. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=65.749 - 5.935
=59.814

Operating Liabilities(Q: Aug. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.343 - 0 - 0
=0.343

* 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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Mavenome and Growth VCT Business Description

Traded in Other Exchanges
N/A
Address
205 West George Street, Kintyre House, Glasgow, GBR, G2 2LW
Maven Income and Growth VCT PLC is a United Kingdom-based venture capital trust. Its investment objective is to achieve long-term capital appreciation and generate maintainable levels of income for the shareholders. The company seeks to achieve its objective by investing the majority of its funds in a diversified portfolio of shares and securities. Its portfolio includes smaller, unquoted UK companies and AIM (Alternative Investment Market) quoted companies. The company derives its revenue from the investments made in shares, securities, and bank deposits.