US Solar Fund (LSE:USF) Scaled Net Operating Assets : 0.88 (As of Jun. 2024)

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What is US Solar Fund 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.

US Solar Fund's operating assets for the quarter that ended in Jun. 2024 was $229.84 Mil. US Solar Fund's operating liabilities for the quarter that ended in Jun. 2024 was $2.78 Mil. US Solar Fund's Total Assets for the quarter that ended in Dec. 2023 was $259.37 Mil. Therefore, US Solar Fund's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.88.

US Solar 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.

US Solar Fund'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 )
=	(257.811	-	1.135)	/	326.175
=	0.79

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	259.365	-	1.554
=	257.811

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1.135	-	0	-	0
=	1.135

US Solar Fund'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 )
=	(229.835	-	2.779)	/	259.365
=	0.88

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	233.181	-	3.346
=	229.835

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.779	-	0	-	0
=	2.779

* 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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US Solar Fund Business Description

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Address

52 Lime Street, 18th Floor, The Scalpel, London, GBR, EC3M 7AF

Website

https://www.ussolarfund.co.uk

US Solar Fund PLC is a closed-end investment trust company. It invests in a diversified portfolio of Solar Power Assets located in North America and other countries forming part of the Organisation for Economic Co-operation and Development (OECD) in the Americas. Its investment objective is to provide investors with attractive risk-adjusted and sustainable dividends, with an element of capital growth, by investing in a diversified portfolio of Solar Power Assets. By investing in Solar Power Assets and selling the output from these assets to energy users, the company directly contributes to renewable energy infrastructure and renewable power generation.