GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Firsthand Technology Value Fund Inc (OTCPK:SVVC) » Definitions » Scaled Net Operating Assets

SVVC (Firsthand Technology Value Fund) Scaled Net Operating Assets : 0.27 (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Firsthand Technology Value 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.

Firsthand Technology Value Fund's operating assets for the quarter that ended in Sep. 2024 was $2.21 Mil. Firsthand Technology Value Fund's operating liabilities for the quarter that ended in Sep. 2024 was $0.67 Mil. Firsthand Technology Value Fund's Total Assets for the quarter that ended in Jun. 2024 was $5.70 Mil. Therefore, Firsthand Technology Value Fund's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.27.

Firsthand Technology Value 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.

Firsthand Technology Value 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 )
=(8.805-7.548)/40.204
=0.03

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8.808 - 0.003
=8.805

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7.548 - 0 - 0
=7.548

Firsthand Technology Value Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(2.211-0.67)/5.701
=0.27

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2.214 - 0.003
=2.211

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.67 - 0 - 0
=0.67

* 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.

Firsthand Technology Value Fund Scaled Net Operating Assets Related Terms

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

Firsthand Technology Value Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Firsthand Technology Value Fund Inc (OTCPK:SVVC) » Definitions » Scaled Net Operating Assets
Comparable Companies
GLAE FOMC JPPYY CDIX DEFG TNRG FXBY BMNM BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III OSTO:EQT TROW
Traded in Other Exchanges
N/A
Address
150 Almaden Boulevard, Suite 1250, San Jose, CA, USA, 95113
Website
https://www.firsthandtvf.com
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. Its portfolio is predominantly composed of equity and equity derivative securities of illiquid private technology and cleantech companies but it may also invest in micro-cap publicly traded companies with market capitalizations of less than 250 million dollars.
Executives
Star Equity Fund, Lp 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Equity Fund Gp, Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Investment Management Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Equity Holdings, Inc. 10 percent owner 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Star Value, Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Kevin M Landis director, officer: President 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Greg Burglin director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Mark F Fitzgerald director PO BOX 1168, GENOA NV 89411-1168
Kimun Lee director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Omar Billawala officer: CFO 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Nicholas P Petredis director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Steady Gain Partners Lp 10 percent owner 2000 ROYAL COURT, UNIT 2315, NORTH HILLS NY 11040
Full Value Offshore Fund, Ltd. 10 percent owner C.O MAPLES CORPORATE SERVICES LIMITED, P.O. BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104