Doric Nimrod Air Two (LSE:DNA2) Scaled Net Operating Assets : 0.60 (As of Sep. 2023)

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What is Doric Nimrod Air Two 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.

Doric Nimrod Air Two's operating assets for the quarter that ended in Sep. 2023 was £250.1 Mil. Doric Nimrod Air Two's operating liabilities for the quarter that ended in Sep. 2023 was £63.8 Mil. Doric Nimrod Air Two's Total Assets for the quarter that ended in Mar. 2023 was £310.7 Mil. Therefore, Doric Nimrod Air Two's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.60.

Doric Nimrod Air Two 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.

Doric Nimrod Air Two'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 )
=	(280.469	-	102.112)	/	367.167
=	0.49

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	310.656	-	30.187
=	280.469

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	111.905	-	9.793	-	0
=	102.112

Doric Nimrod Air Two'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 )
=	(250.144	-	63.754)	/	310.656
=	0.60

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	283.543	-	33.399
=	250.144

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	69.157	-	5.403	-	0
=	63.754

* 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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Doric Nimrod Air Two (LSE:DNA2) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Dorey Court, Admiral Park, PO Box 156, Saint Peter Port, GGY, GY1 2HT

Website

http://www.dnairtwo.com

Doric Nimrod Air Two Ltd is a Guernsey-domiciled company. Its investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing, and then selling aircraft. The company has seven Airbus A380-861 aircraft all of which are on long-term leases with Emirates Airlines. The Group is engaged in a single segment of business, acquiring, leasing and then selling of Aircraft.