Skylon Growth &ome Trust (TSX:SKG.UN) Scaled Net Operating Assets: 0.76 (As of Dec. 2018)

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TSX:SKG.UN Skylon Growth & Income Trust TSX:SKG.UN
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Price C$7.80
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What is Skylon Growth &ome Trust Scaled Net Operating Assets?

Skylon Growth &ome Trust TSX:SKG.UN 10 Scaled Net Operating Assets is 0.76 as of Dec. 2018. GuruFocus rates TSX:SKG.UN with a GF Score™ of 10/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Skylon Growth &ome Trust's operating assets for the quarter that ended in Dec. 2018 was C$31.08 Mil. Skylon Growth &ome Trust's operating liabilities for the quarter that ended in Dec. 2018 was C$2.28 Mil. Skylon Growth &ome Trust's Total Assets for the quarter that ended in Jun. 2018 was C$37.84 Mil. Therefore, Skylon Growth &ome Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2018 was 0.76.

TSX:SKG.UN
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Skylon Growth & Income Trust TSX:SKG.UN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Skylon Growth &ome Trust 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.

Skylon Growth &ome Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2018 )
=(Operating Assets (A: Dec. 2018 )-Operating Liabilities (A: Dec. 2018 ))/Total Assets (A: Dec. 2017 )
=(31.079-2.281)/42.383
=0.68

where

Operating Assets(A: Dec. 2018 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=32.814 - 1.735
=31.079

Operating Liabilities(A: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.281 - 0 - 0
=2.281

Skylon Growth &ome Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2018 )
=(Operating Assets (Q: Dec. 2018 )-Operating Liabilities (Q: Dec. 2018 ))/Total Assets (Q: Jun. 2018 )
=(31.079-2.281)/37.836
=0.76

where

Operating Assets(Q: Dec. 2018 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=32.814 - 1.735
=31.079

Operating Liabilities(Q: Dec. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.281 - 0 - 0
=2.281

* 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.

What does a Scaled Net Operating Assets of 0.76 mean?
Skylon Growth &ome Trust (TSX:SKG.UN) has a Scaled Net Operating Assets of 0.76 as of Dec. 2018. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Skylon Growth &ome Trust and its competitors.
Is Skylon Growth &ome Trust's Scaled Net Operating Assets too high?
Skylon Growth &ome Trust's current Scaled Net Operating Assets is 0.76. Overall, Skylon Growth &ome Trust has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Skylon Growth &ome Trust's Scaled Net Operating Assets compare to OHAI and MN?
Skylon Growth &ome Trust's Scaled Net Operating Assets of 0.76 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Skylon Growth &ome Trust and its competitors. Skylon Growth &ome Trust's current Scaled Net Operating Assets is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylon Growth &ome Trust stock overvalued right now?
Skylon Growth &ome Trust (TSX:SKG.UN) has a current Scaled Net Operating Assets of 0.76. The current Scaled Net Operating Assets is 0.76. Skylon Growth &ome Trust's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Skylon Growth &ome Trust (TSX:SKG.UN), the current Scaled Net Operating Assets is 0.76 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Skylon Growth &ome Trust Business Description

Address 2 Queen Street East, Twentieth Floor, Toronto, ON, CAN, M5C 3G7
Skylon Growth & Income Trust is an investment trust. Its objective is providing holders of Units with monthly distributions; endeavouring to preserve capital throughout the life of the Trust; enhancing the long-term total return of the Portfolio. The investment involves an active asset allocation investment approach focused on diversification among various asset classes including income funds, high yield debt, dividend paying common shares, other common shares, other securities and cash.
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C$7.80
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