Tanfield Group (LSE:TAN) Scaled Net Operating Assets : 0.85 (As of Jun. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Tanfield Group 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.

Tanfield Group's operating assets for the quarter that ended in Jun. 2024 was £19.18 Mil. Tanfield Group's operating liabilities for the quarter that ended in Jun. 2024 was £0.05 Mil. Tanfield Group's Total Assets for the quarter that ended in Dec. 2023 was £22.63 Mil. Therefore, Tanfield Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.85.

Tanfield Group Scaled Net Operating Assets Historical Data

The historical data trend for Tanfield Group's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

Tanfield Group Scaled Net Operating Assets Chart

Tanfield Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.99

1.01

0.97

0.83

Tanfield Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.82	0.93	0.83	0.84	0.85

Competitive Comparison of Tanfield Group's Scaled Net Operating Assets

For the Asset Management subindustry, Tanfield Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tanfield Group's Scaled Net Operating Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tanfield Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Tanfield Group's Scaled Net Operating Assets falls into.

Tanfield Group 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.

Tanfield Group'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 )
=	(19.158	-	0.072)	/	22.954
=	0.83

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	22.631	-	3.473
=	19.158

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.072	-	0	-	0
=	0.072

Tanfield Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(19.179	-	0.05)	/	22.631
=	0.85

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	22.512	-	3.333
=	19.179

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.05	-	0	-	0
=	0.05

Tanfield Group Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Tanfield Group's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Tanfield Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tanfield Group PLC (LSE:TAN) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

TAN.GB:UK

Address

c/o Weightmans LLP, 1 St James' Gate, Newcastle upon Tyne, Tyne and Wear, GBR, NE99 1YQ

Website

https://www.tanfieldgroup.com

Tanfield Group PLC is a UK-based investment company. It holds an investment in Smith Electric Vehicles Corp and Snorkel International Holdings LLC. The investment objective of the company is to maximize its capital structure of debt and equity to minimize its cost of capital and protect returns to shareholders.