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New Century AIM VCT 2 (LSE:NCA2) Scaled Net Operating Assets : 0.88 (As of Dec. 2023)


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What is New Century AIM VCT 2 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.

New Century AIM VCT 2's operating assets for the quarter that ended in Dec. 2023 was £1.99 Mil. New Century AIM VCT 2's operating liabilities for the quarter that ended in Dec. 2023 was £0.03 Mil. New Century AIM VCT 2's Total Assets for the quarter that ended in Jun. 2023 was £2.24 Mil. Therefore, New Century AIM VCT 2's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.88.


New Century AIM VCT 2 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.

New Century AIM VCT 2'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 )
=(1.994-0.03)/2.544
=0.77

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2.237 - 0.243
=1.994

New Century AIM VCT 2's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(1.994-0.03)/2.243
=0.88

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2.237 - 0.243
=1.994

* 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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New Century AIM VCT 2 (LSE:NCA2) Business Description

Traded in Other Exchanges
N/A
Address
50 Mark Lane, 4th Floor, London, GBR, EC3R 7QR
Website
New Century AIM VCT 2 PLC is a venture capital trust engaged in long-term equity and loan investments in UK Listed, AIM traded, and unquoted companies in the United Kingdom. Its principal investment objective is to achieve long-term capital growth through investment in a diversified portfolio of qualifying companies quoted on AIM. The Company invests its funds in companies traded on AIM, which entail a higher degree of risk than investments in large listed companies.