Rights and Issues Inv Trust (LSE:RIII) Scaled Net Operating Assets : 0.95 (As of Dec. 2023)

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What is Rights and Issues Inv 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.

Rights and Issues Inv Trust's operating assets for the quarter that ended in Dec. 2023 was £130.55 Mil. Rights and Issues Inv Trust's operating liabilities for the quarter that ended in Dec. 2023 was £0.24 Mil. Rights and Issues Inv Trust's Total Assets for the quarter that ended in Jun. 2023 was £137.57 Mil. Therefore, Rights and Issues Inv Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.95.

Rights and Issues Inv 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.

Rights and Issues Inv Trust'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 )
=	(130.55	-	0.242)	/	141.047
=	0.92

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	131.601	-	1.051
=	130.55

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.242	-	0	-	0
=	0.242

Rights and Issues Inv Trust'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 )
=	(130.55	-	0.242)	/	137.567
=	0.95

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	131.601	-	1.051
=	130.55

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.242	-	0	-	0
=	0.242

* 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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Rights and Issues Inv Trust (LSE:RIII) Business Description

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Traded in Other Exchanges

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Address

Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY

Website

https://www.maitlandgroup.com

Rights and Issues Inv Trust PLC is a self-managed investment trust based in the United Kingdom. The company's objective is to generate long-term returns while managing risk by seeking out undervalued equity investments. The company also places an emphasis on smaller UK-based companies but its portfolio includes securities across all sectors, geographies, and industries.