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Magellan Financial Group (Magellan Financial Group) Scaled Net Operating Assets : 0.56 (As of Dec. 2023)


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What is Magellan Financial 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.

Magellan Financial Group's operating assets for the quarter that ended in Dec. 2023 was $487.2 Mil. Magellan Financial Group's operating liabilities for the quarter that ended in Dec. 2023 was $32.5 Mil. Magellan Financial Group's Total Assets for the quarter that ended in Jun. 2023 was $804.7 Mil. Therefore, Magellan Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.56.


Magellan Financial 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.

Magellan Financial Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(554.047-151.879)/872.383
=0.46

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=804.681 - 250.634
=554.047

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=158.706 - 5.077 - 1.75
=151.879

Magellan Financial Group'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 )
=(487.162-32.543)/804.681
=0.56

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=706.612 - 219.45
=487.162

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=78.92 - 4.165 - 42.212
=32.543

* 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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Magellan Financial Group (Magellan Financial Group) Business Description

Traded in Other Exchanges
Address
25 Martin Place, Level 36, Sydney, NSW, AUS, 2000
Magellan Financial Group is an Australia-based niche funds manager. Established in 2006, the firm specializes in the management of equity and infrastructure funds for domestic retail and institutional investors. Magellan has historically been particularly successful in winning mandates from global institutional investors. Current FUM is split across global equities, infrastructure and Australian equities.