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Renewables Infrastructure Group (The) (LSE:TRIG) Scaled Net Operating Assets : 0.96 (As of Dec. 2023)


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What is Renewables Infrastructure Group (The) 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.

Renewables Infrastructure Group (The)'s operating assets for the quarter that ended in Dec. 2023 was £3,158.90 Mil. Renewables Infrastructure Group (The)'s operating liabilities for the quarter that ended in Dec. 2023 was £2.70 Mil. Renewables Infrastructure Group (The)'s Total Assets for the quarter that ended in Jun. 2023 was £3,294.80 Mil. Therefore, Renewables Infrastructure Group (The)'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.96.


Renewables Infrastructure Group (The) 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.

Renewables Infrastructure Group (The)'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 )
=(3158.9-2.7)/3362.7
=0.94

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3177 - 18.1
=3158.9

Renewables Infrastructure Group (The)'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 )
=(3158.9-2.7)/3294.8
=0.96

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3177 - 18.1
=3158.9

* 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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Renewables Infrastructure Group (The) (LSE:TRIG) Business Description

Traded in Other Exchanges
Address
East Wing, Trafalgar Court, Les Banques, P.O. Box 656, Saint Peter Port, GGY, GY1 3PP
Renewables Infrastructure Group (The) Ltd Guernsey registered closed-ended investment company. The company focuses on investing principally in a range of diversified operational assets which generate electricity from renewable sources, with an initial focus on onshore wind farms and solar PV parks in the United Kingdom and Northern Europe. The company's revenue comprises mostly dividends received from investments made.