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Montanaro UK Smaller Inv Tr (CHIX:MTUL) Scaled Net Operating Assets : 0.94 (As of Sep. 2023)


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What is Montanaro UK Smaller Inv Tr 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.

Montanaro UK Smaller Inv Tr's operating assets for the quarter that ended in Sep. 2023 was £199.55 Mil. Montanaro UK Smaller Inv Tr's operating liabilities for the quarter that ended in Sep. 2023 was £0.56 Mil. Montanaro UK Smaller Inv Tr's Total Assets for the quarter that ended in Mar. 2023 was £211.99 Mil. Therefore, Montanaro UK Smaller Inv Tr's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.94.


Montanaro UK Smaller Inv Tr 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.

Montanaro UK Smaller Inv Tr's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(201.129-0.336)/247.128
=0.81

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=211.985 - 10.856
=201.129

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.336 - 20 - 0
=0.336

Montanaro UK Smaller Inv Tr's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(199.553-0.555)/211.985
=0.94

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=205.455 - 5.902
=199.553

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.555 - 20 - 0
=0.555

* 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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Montanaro UK Smaller Inv Tr (CHIX:MTUL) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market ( AIM) and to outperform its benchmark, the Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.