Future Generation Global Investment Co (ASX:FGG) Scaled Net Operating Assets : -0.04 (As of Dec. 2023)

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What is Future Generation Global Investment Co 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.

Future Generation Global Investment Co's operating assets for the quarter that ended in Dec. 2023 was A$3.65 Mil. Future Generation Global Investment Co's operating liabilities for the quarter that ended in Dec. 2023 was A$25.96 Mil. Future Generation Global Investment Co's Total Assets for the quarter that ended in Jun. 2023 was A$581.05 Mil. Therefore, Future Generation Global Investment Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.04.

Future Generation Global Investment Co 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.

Future Generation Global Investment Co'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 )
=	(557.461	-	25.959)	/	522.456
=	1.02

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	572.305	-	14.844
=	557.461

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	25.959	-	0	-	0
=	25.959

Future Generation Global Investment Co'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 )
=	(3.6549999999999	-	25.959)	/	581.046
=	-0.04

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	572.305	-	568.65
=	3.6549999999999

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	25.959	-	0	-	0
=	25.959

* 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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Future Generation Global Investment Co (ASX:FGG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000

Website

https://www.futuregeninvest.com.au

Future Generation Global Investment Co Ltd provides diversified exposure to global equities while also helping to improve the lives of young Australians affected by mental health issues. The company has one reporting segment. It is engaged primarily in investing in unlisted unit trusts and deriving income from cash and cash equivalents.