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ProVen VCT (LSE:PVN) Scaled Net Operating Assets : 0.71 (As of Feb. 2023)


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What is ProVen VCT 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.

ProVen VCT's operating assets for the quarter that ended in Feb. 2023 was £115.96 Mil. ProVen VCT's operating liabilities for the quarter that ended in Feb. 2023 was £0.78 Mil. ProVen VCT's Total Assets for the quarter that ended in Aug. 2022 was £162.61 Mil. Therefore, ProVen VCT's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2023 was 0.71.

ProVen VCT 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.

ProVen VCT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2023 )
=(Operating Assets (A: Feb. 2023 )-Operating Liabilities (A: Feb. 2023 ))/Total Assets (A: Feb. 2022 )
=(115.958-0.783)/148.909
=0.77

where

Operating Assets(A: Feb. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=162.523 - 46.565
=115.958

Operating Liabilities(A: Feb. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.783 - 0 - 0
=0.783

ProVen VCT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2023 )
=(Operating Assets (Q: Feb. 2023 )-Operating Liabilities (Q: Feb. 2023 ))/Total Assets (Q: Aug. 2022 )
=(115.958-0.783)/162.607
=0.71

where

Operating Assets(Q: Feb. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=162.523 - 46.565
=115.958

Operating Liabilities(Q: Feb. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.783 - 0 - 0
=0.783

* 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.

ProVen VCT Scaled Net Operating Assets Related Terms

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ProVen VCT (LSE:PVN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ProVen VCT PLC (LSE:PVN) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
55 Drury Lane, Charter House, London, GBR, WC2B 5SQ
Website
https://www.provenvcts.co.uk
ProVen VCT PLC is a United Kingdom-based venture capital trust. Its investment objectives are to achieve a total return greater than that available from direct investment in quoted businesses by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments.