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Dividend 15 Split (TSX:DFN.PR.A.PFD) Scaled Net Operating Assets : 0.34 (As of Nov. 2024)


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What is Dividend 15 Split 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.

Dividend 15 Split's operating assets for the quarter that ended in Nov. 2024 was C$1,926.23 Mil. Dividend 15 Split's operating liabilities for the quarter that ended in Nov. 2024 was C$1,279.41 Mil. Dividend 15 Split's Total Assets for the quarter that ended in May. 2024 was C$1,893.21 Mil. Therefore, Dividend 15 Split's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was 0.34.

Dividend 15 Split 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.

Dividend 15 Split's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2024 )
=(Operating Assets (A: Nov. 2024 )-Operating Liabilities (A: Nov. 2024 ))/Total Assets (A: Nov. 2023 )
=(1926.232-1279.409)/1796.913
=0.36

where

Operating Assets(A: Nov. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2128.5 - 202.268
=1926.232

Operating Liabilities(A: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1279.409 - 0 - 0
=1279.409

Dividend 15 Split's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: May. 2024 )
=(1926.232-1279.409)/1893.21
=0.34

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2128.5 - 202.268
=1926.232

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1279.409 - 0 - 0
=1279.409

* 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.

Dividend 15 Split Scaled Net Operating Assets Related Terms

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Dividend 15 Split Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend 15 Split Corp (TSX:DFN.PR.A.PFD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
DFN:Canada
Address
200 Front Street West, Suite 2510, Toronto, ON, CAN, M5V 3K2
Website
https://www.quadravest.com
Dividend 15 Split Corp is a Canadian mutual fund corporation. It aims to pay monthly cash dividends. The company invests in a portfolio of dividend-yielding, high-quality Canadian companies. It offers two types of shares i.e. class A shares and preferred shares. The company's investment objectives are, to provide holders of preferred shares with fixed cumulative preferential monthly cash dividends as well as to provide holders of Class A shares with regular monthly cash distribution.