Miton UK MicroCap Trust (LSE:MINI) Scaled Net Operating Assets : 0.74 (As of Oct. 2023)

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What is Miton UK MicroCap Trust 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.

Miton UK MicroCap Trust's operating assets for the quarter that ended in Oct. 2023 was £45.42 Mil. Miton UK MicroCap Trust's operating liabilities for the quarter that ended in Oct. 2023 was £0.16 Mil. Miton UK MicroCap Trust's Total Assets for the quarter that ended in Apr. 2023 was £61.04 Mil. Therefore, Miton UK MicroCap Trust's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2023 was 0.74.

Miton UK MicroCap 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.

Miton UK MicroCap Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Apr. 2023 )
=	(Operating Assets (A: Apr. 2023 )	-	Operating Liabilities (A: Apr. 2023 ))	/	Total Assets (A: Apr. 2022 )
=	(56.454	-	0.29)	/	99.65
=	0.56

where

	Operating Assets		(A: Apr. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	61.044	-	4.59
=	56.454

	Operating Liabilities		(A: Apr. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.29	-	0	-	0
=	0.29

Miton UK MicroCap Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Oct. 2023 )
=	(Operating Assets (Q: Oct. 2023 )	-	Operating Liabilities (Q: Oct. 2023 ))	/	Total Assets (Q: Apr. 2023 )
=	(45.417	-	0.16)	/	61.044
=	0.74

where

	Operating Assets		(Q: Oct. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	51.362	-	5.945
=	45.417

	Operating Liabilities		(Q: Oct. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.16	-	0	-	0
=	0.16

* 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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Miton UK MicroCap Trust (LSE:MINI) Business Description

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Traded in Other Exchanges

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Address

51 New North Road, Beaufort House, Exeter, GBR, EX4 4EP

Website

https://www.mitonukmicrocaptrust.com

Miton UK MicroCap Trust PLC is an investment trust company. It invests in a portfolio of UK-quoted companies to achieve capital growth by investing in a portfolio of stocks that are well placed to generate an attractive cash payback from productivity improvements. The company's only operating segment is the investment business. It invests in a sector such as Utilities, Consumer Services, Consumer Goods, Health Care, Basic Materials, Financial Services, Oil and Gas, Industrials, and Technology.