NEW GERMANY FUND (NEW GERMANY FUND) Scaled Net Operating Assets : 0.96 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is NEW GERMANY FUND 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.

NEW GERMANY FUND's operating assets for the quarter that ended in Dec. 2023 was $185.29 Mil. NEW GERMANY FUND's operating liabilities for the quarter that ended in Dec. 2023 was $6.59 Mil. NEW GERMANY FUND's Total Assets for the quarter that ended in Jun. 2023 was $185.98 Mil. Therefore, NEW GERMANY FUND's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.96.

NEW GERMANY FUND 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.

NEW GERMANY FUND'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 )
=	(185.288	-	6.593)	/	162.488
=	1.10

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	185.38	-	0.092
=	185.288

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6.593	-	0	-	0
=	6.593

NEW GERMANY FUND'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 )
=	(185.288	-	6.593)	/	185.978
=	0.96

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	185.38	-	0.092
=	185.288

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6.593	-	0	-	0
=	6.593

* 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.

NEW GERMANY FUND Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of NEW GERMANY FUND's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

NEW GERMANY FUND (NEW GERMANY FUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NEW GERMANY FUND INC (NYSE:GF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

875 Third Avenue, New York, NY, USA, 10022-6225

Website

https://www.dws.com

NEW GERMANY FUND INC is the United States based non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle market German equities. The fund's portfolio of investment includes investment in different sectors such as the industrials, information technology, material, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, healthcare, Energy and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Italy.

Executives

Bernhard Koepp	director	C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christopher Pleister	director	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Juan Barriobero	other: Deputy Portfolio Manager	C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Daniel Hann	other: Deputy Portfolio Manager	C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Alexander Lippert	other: Deputy Portfolio Manager	C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Holger Hatje	director	C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Fiona Flannery	director	C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Leon A Cappel	other: Deputy Portfolio Manager	C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Walter C. Dostmann	director	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Christian Rijs	officer: AML Compliance Officer	C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Helen Delman	other: Section 16 Officer	C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Michelle S. Goveia	officer: AML Compliance Officer	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Christian Zugel	director	TWO BRIDGE AVENUE, SUITE 322, RED HOOK NJ 07701
Alyssa Asbury	officer: Assistant Secretary	C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Wolfgang Helmut Leoni	director	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005