TwentyFour Select Monthlyome Fund (LSE:SMIF) Scaled Net Operating Assets: 1.02 (As of Mar. 2026)

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LSE:SMIF TwentyFour Select Monthly Income Fund Ltd LSE:SMIF
34 GF Score
Price £0.86
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What is TwentyFour Select Monthlyome Fund Scaled Net Operating Assets?

TwentyFour Select Monthlyome Fund LSE:SMIF +0.23% 34 Scaled Net Operating Assets is 1.02 as of Mar. 2026. GuruFocus rates LSE:SMIF with a GF Score™ of 34/100. The stock has 7 warning signs investors should review.

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

TwentyFour Select Monthlyome Fund's operating assets for the quarter that ended in Mar. 2026 was £292.71 Mil. TwentyFour Select Monthlyome Fund's operating liabilities for the quarter that ended in Mar. 2026 was £9.95 Mil. TwentyFour Select Monthlyome Fund's Total Assets for the quarter that ended in Sep. 2025 was £278.47 Mil. Therefore, TwentyFour Select Monthlyome Fund's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.02.

LSE:SMIF
34GF Score
TwentyFour Select Monthly Income Fund Ltd LSE:SMIF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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TwentyFour Select Monthlyome Fund 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.

TwentyFour Select Monthlyome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2025 )
=(Operating Assets (A: Sep. 2025 )-Operating Liabilities (A: Sep. 2025 ))/Total Assets (A: Sep. 2024 )
=(272.2-5.75)/228.759
=1.16

where

Operating Assets(A: Sep. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=278.469 - 6.269
=272.2

Operating Liabilities(A: Sep. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5.75 - 0 - 0
=5.75

TwentyFour Select Monthlyome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(292.712-9.951)/278.469
=1.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=299.091 - 6.379
=292.712

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.951 - 0 - 0
=9.951

* 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 1.02 mean?
TwentyFour Select Monthlyome Fund (LSE:SMIF) has a Scaled Net Operating Assets of 1.02 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on TwentyFour Select Monthlyome Fund and its competitors.
Is TwentyFour Select Monthlyome Fund's Scaled Net Operating Assets too high?
TwentyFour Select Monthlyome Fund's current Scaled Net Operating Assets is 1.02. Overall, TwentyFour Select Monthlyome Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does TwentyFour Select Monthlyome Fund's Scaled Net Operating Assets compare to BLK and BX?
TwentyFour Select Monthlyome Fund's Scaled Net Operating Assets of 1.02 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 TwentyFour Select Monthlyome Fund and its competitors. TwentyFour Select Monthlyome Fund's current Scaled Net Operating Assets is 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TwentyFour Select Monthlyome Fund stock overvalued right now?
TwentyFour Select Monthlyome Fund (LSE:SMIF) has a current Scaled Net Operating Assets of 1.02. The current Scaled Net Operating Assets is 1.02. TwentyFour Select Monthlyome Fund's overall GF Score™ is 34/100 with 7 warning signs to review. 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 TwentyFour Select Monthlyome Fund (LSE:SMIF), the current Scaled Net Operating Assets is 1.02 as of Mar. 2026. 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.

TwentyFour Select Monthlyome Fund Business Description

Address Les Banques, P.O. Box 255, Trafalgar Court, Saint Peter Port, GGY, GY1 3QL
TwentyFour Select Monthly Income Fund Ltd is a closed-ended investment company registered in Guernsey. Its investment objective is to generate attractive risk-adjusted returns, principally through income distributions. The company's investment policy is to invest in a diversified portfolio that comprises any category of credit security including bank capital, corporate bonds, high-yield bonds, leveraged loans, payment-in-kind notes, and asset-backed securities.
34GF 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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