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Dividend 15 Split II (TSX:DF) Scaled Net Operating Assets : 0.18 (As of Nov. 2022)


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What is Dividend 15 Split II 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.

Dividend 15 Split II's operating assets for the quarter that ended in Nov. 2022 was C$399.79 Mil. Dividend 15 Split II's operating liabilities for the quarter that ended in Nov. 2022 was C$314.35 Mil. Dividend 15 Split II's Total Assets for the quarter that ended in May. 2022 was C$485.13 Mil. Therefore, Dividend 15 Split II's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2022 was 0.18.

Dividend 15 Split II 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.

Dividend 15 Split II's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2023 )
=(Operating Assets (A: Nov. 2023 )-Operating Liabilities (A: Nov. 2023 ))/Total Assets (A: Nov. 2022 )
=(327.758-250.75)/459.604
=0.17

where

Operating Assets(A: Nov. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=346.211 - 18.453
=327.758

Operating Liabilities(A: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=250.75 - 0 - 0
=250.75

Dividend 15 Split II's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2022 )
=(Operating Assets (Q: Nov. 2022 )-Operating Liabilities (Q: Nov. 2022 ))/Total Assets (Q: May. 2022 )
=(399.794-314.352)/485.127
=0.18

where

Operating Assets(Q: Nov. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=459.604 - 59.81
=399.794

Operating Liabilities(Q: Nov. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=314.352 - 0 - 0
=314.352

* 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.

Dividend 15 Split II Scaled Net Operating Assets Related Terms

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Dividend 15 Split II (TSX:DF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend 15 Split Corp II (TSX:DF) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
DF.PR.A.PFD:Canada
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Website
https://www.quadravest.com
Dividend 15 Split Corp II is a Canadian-based mutual fund corporation. The company invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. Its investment objective for preferred shareholders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share.