Dividend Select 15 (TSX:DS) Scaled Net Operating Assets : 0.86 (As of Nov. 2022)

View and export this data going back to 2010. Start your Free Trial

What is Dividend Select 15 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 Select 15's operating assets for the quarter that ended in Nov. 2022 was C$52.40 Mil. Dividend Select 15's operating liabilities for the quarter that ended in Nov. 2022 was C$2.16 Mil. Dividend Select 15's Total Assets for the quarter that ended in May. 2022 was C$58.62 Mil. Therefore, Dividend Select 15's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2022 was 0.86.

Dividend Select 15 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 Select 15'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 )
=	(48.338	-	0.681)	/	60.62
=	0.79

where

	Operating Assets		(A: Nov. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	53.851	-	5.513
=	48.338

	Operating Liabilities		(A: Nov. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0.681	-	0	-	0
=	0.681

Dividend Select 15'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 )
=	(52.398	-	2.155)	/	58.623
=	0.86

where

	Operating Assets		(Q: Nov. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	60.62	-	8.222
=	52.398

	Operating Liabilities		(Q: Nov. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2.155	-	0	-	0
=	2.155

* 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 Select 15 Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Dividend Select 15's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Dividend Select 15 (TSX:DS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend Select 15 Corp (TSX:DS) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

DVVDF:USA

Address

200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.quadravest.com

Dividend Select 15 Corp is a mutual fund corporation based in Canada. The company invests in an actively managed portfolio of common shares of core large-capitalization Canadian companies selected from a portfolio universe of over 20 companies. The company employs an active covered call writing program to enhance the income earned from the portfolio.