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Polar Capital Technology Trust (LSE:PCT) Scaled Net Operating Assets : 1.00 (As of Oct. 2023)


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What is Polar Capital Technology Trust 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.

Polar Capital Technology Trust's operating assets for the quarter that ended in Oct. 2023 was £2,950.5 Mil. Polar Capital Technology Trust's operating liabilities for the quarter that ended in Oct. 2023 was £53.5 Mil. Polar Capital Technology Trust's Total Assets for the quarter that ended in Apr. 2023 was £2,902.8 Mil. Therefore, Polar Capital Technology Trust's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2023 was 1.00.


Polar Capital Technology 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.

Polar Capital Technology Trust's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2023 )
=(Operating Assets (A: Apr. 2023 )-Operating Liabilities (A: Apr. 2023 ))/Total Assets (A: Apr. 2022 )
=(2663.732-23.842)/3160.304
=0.84

where

Operating Assets(A: Apr. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2902.828 - 239.096
=2663.732

Operating Liabilities(A: Apr. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=74.687 - 50.845 - 0
=23.842

Polar Capital Technology Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2023 )
=(Operating Assets (Q: Oct. 2023 )-Operating Liabilities (Q: Oct. 2023 ))/Total Assets (Q: Apr. 2023 )
=(2950.478-53.547)/2902.828
=1.00

where

Operating Assets(Q: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3197.271 - 246.793
=2950.478

Operating Liabilities(Q: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=104.234 - 50.687 - 0
=53.547

* 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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Polar Capital Technology Trust (LSE:PCT) Business Description

Traded in Other Exchanges
Address
16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Technology Trust PLC is a UK-based investment trust company. The company's investment objective is to maximize long-term capital growth by investing in a diversified portfolio of technology companies across the world. Geographically, the company earns investment income from North America, Europe, and the Asia Pacific region. It invests in Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and other sectors.