Premier Miton Global Renewables Trust (LSE:PMGR) Scaled Net Operating Assets: 0.41 (As of Dec. 2024)


LSE:PMGR Premier Miton Global Renewables Trust PLC LSE:PMGR
20 GF Score
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What is Premier Miton Global Renewables Trust Scaled Net Operating Assets?

Premier Miton Global Renewables Trust LSE:PMGR 20 Scaled Net Operating Assets is 0.41 as of Dec. 2024. GuruFocus rates LSE:PMGR with a GF Score™ of 20/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Premier Miton Global Renewables Trust's operating assets for the quarter that ended in Dec. 2024 was £35.29 Mil. Premier Miton Global Renewables Trust's operating liabilities for the quarter that ended in Dec. 2024 was £17.52 Mil. Premier Miton Global Renewables Trust's Total Assets for the quarter that ended in Dec. 2023 was £43.54 Mil. Therefore, Premier Miton Global Renewables Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.41.

LSE:PMGR
20GF Score
Premier Miton Global Renewables Trust PLC LSE:PMGR
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Premier Miton Global Renewables 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.

Premier Miton Global Renewables Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(35.29-17.517)/43.543
=0.41

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=36.049 - 0.759
=35.29

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.517 - 0 - 0
=17.517

Premier Miton Global Renewables Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Dec. 2023 )
=(35.29-17.517)/43.543
=0.41

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=36.049 - 0.759
=35.29

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.517 - 0 - 0
=17.517

* 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.

What does a Scaled Net Operating Assets of 0.41 mean?
Premier Miton Global Renewables Trust (LSE:PMGR) has a Scaled Net Operating Assets of 0.41 as of Dec. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Premier Miton Global Renewables Trust and its competitors.
Is Premier Miton Global Renewables Trust's Scaled Net Operating Assets too high?
Premier Miton Global Renewables Trust's current Scaled Net Operating Assets is 0.41. Overall, Premier Miton Global Renewables Trust has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Premier Miton Global Renewables Trust's Scaled Net Operating Assets compare to BLK and BX?
Premier Miton Global Renewables Trust's Scaled Net Operating Assets of 0.41 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Premier Miton Global Renewables Trust and its competitors. Premier Miton Global Renewables Trust's current Scaled Net Operating Assets is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Miton Global Renewables Trust stock overvalued right now?
Premier Miton Global Renewables Trust (LSE:PMGR) has a current Scaled Net Operating Assets of 0.41. The current Scaled Net Operating Assets is 0.41. Premier Miton Global Renewables Trust's overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Premier Miton Global Renewables Trust (LSE:PMGR), the current Scaled Net Operating Assets is 0.41 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Premier Miton Global Renewables Trust Business Description

Address 29 Wellington Street, Leeds, GBR, LS1 4DL
Premier Miton Global Renewables Trust PLC is an asset management company. The company's investment objectives are to achieve a high income and to realize long-term growth in the capital value of its portfolio. It will seek to achieve these objectives by investing principally in the equity and equity-related securities of companies operating mainly in the renewable energy sectors, as well as other sustainable infrastructure investments. The Company is engaged in one segment of business, the investment business. Portfolio's key geographical allocation includes Europe (excluding UK) and the United Kingdom.
20GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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