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Brompton Split Banc (TSX:SBC) Scaled Net Operating Assets : 0.47 (As of Dec. 2023)


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What is Brompton Split Banc 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.

Brompton Split Banc's operating assets for the quarter that ended in Dec. 2023 was C$393.55 Mil. Brompton Split Banc's operating liabilities for the quarter that ended in Dec. 2023 was C$218.02 Mil. Brompton Split Banc's Total Assets for the quarter that ended in Jun. 2023 was C$374.03 Mil. Therefore, Brompton Split Banc's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.47.

Brompton Split Banc 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.

Brompton Split Banc'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 )
=(393.549-218.024)/350.945
=0.50

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=400.726 - 7.177
=393.549

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=218.024 - 0 - 0
=218.024

Brompton Split Banc'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 )
=(393.549-218.024)/374.025
=0.47

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=400.726 - 7.177
=393.549

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=218.024 - 0 - 0
=218.024

* 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.

Brompton Split Banc Scaled Net Operating Assets Related Terms

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Brompton Split Banc (TSX:SBC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brompton Split Banc Corp (TSX:SBC) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
SBC.PR.A.PFD:Canada
Address
181 Bay Street, Suite 2930, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Website
https://www.bromptongroup.com
Brompton Split Banc Corp is a Canadian-based mutual fund corporation that invests in a common share portfolio of Canadian banks. Its investment objective for preferred shareholders holders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share. Its products include ETFs, Split share Corps, Preferred Shares, and other TSX-traded funds.