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Adams Natural Resources Fund (Adams Natural Resources Fund) Scaled Net Operating Assets : 1.01 (As of Dec. 2023)


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What is Adams Natural Resources 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.

Adams Natural Resources Fund's operating assets for the quarter that ended in Dec. 2023 was $653.60 Mil. Adams Natural Resources Fund's operating liabilities for the quarter that ended in Dec. 2023 was $20.30 Mil. Adams Natural Resources Fund's Total Assets for the quarter that ended in Jun. 2023 was $625.68 Mil. Therefore, Adams Natural Resources Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.01.

Adams Natural Resources 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.

Adams Natural Resources 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 )
=(653.603-20.302)/659.172
=0.96

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=653.749 - 0.146
=653.603

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.302 - 0 - 0
=20.302

Adams Natural Resources 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 )
=(653.603-20.302)/625.683
=1.01

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=653.749 - 0.146
=653.603

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=20.302 - 0 - 0
=20.302

* 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.

Adams Natural Resources Fund Scaled Net Operating Assets Related Terms

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Adams Natural Resources Fund (Adams Natural Resources Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Adams Natural Resources Fund Inc (NYSE:PEO) » Definitions » Scaled Net Operating Assets
Comparable Companies
CION MUJ NDMO MHD AIO BIT IGR NIE VINP PFN BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Website
https://www.adamsfunds.com
Adams Natural Resources Fund Inc is a closed-end equity investment company specializing in energy and other natural resources stocks. The investment objectives of the fund are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. Its portfolio of investments comprises of different sector investments such as in the energy sector and basic materials.
Executives
Gregory W. Buckley officer: Executive Vice President 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Brian Stephen Hook officer: Treasurer ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kathleen T Mcgahran director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Phillip Goldstein 10 percent owner, other: See Explanation of Response 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Andrew Dakos 10 percent owner, other: See Explanation of Response 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog 10 percent owner, other: See Explanation of Response PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Frederick D. Disanto 10 percent owner 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
Ancora Advisors, Llc 10 percent owner, other: Member of a Group 6060 PARKLAND BOULEVARD, SUITE 200, CLEVELAND OH 44124
James M Chadwick 10 percent owner C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202