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WAM Microcap (ASX:WMI) Scaled Net Operating Assets : 1.15 (As of Jun. 2024)


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What is WAM Microcap 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.

WAM Microcap's operating assets for the quarter that ended in Jun. 2024 was A$340.15 Mil. WAM Microcap's operating liabilities for the quarter that ended in Jun. 2024 was A$23.12 Mil. WAM Microcap's Total Assets for the quarter that ended in Dec. 2023 was A$276.85 Mil. Therefore, WAM Microcap's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 1.15.

WAM Microcap 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.

WAM Microcap's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(354.28-23.122)/287.992
=1.15

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=400.272 - 45.992
=354.28

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.122 - 0 - 0
=23.122

WAM Microcap's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(340.15-23.122)/276.851
=1.15

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=400.272 - 60.122
=340.15

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23.122 - 0 - 0
=23.122

* 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.

WAM Microcap Scaled Net Operating Assets Related Terms

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WAM Microcap Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WAM Microcap Ltd (ASX:WMI) » Definitions » Scaled Net Operating Assets
Comparable Companies
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Traded in Other Exchanges
N/A
Address
1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
Website
https://www.wilsonassetmanagement.com.au
WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits, and equity investments. It provides investors access to a portfolio of undervalued microcap growth companies with a market capitalization of less than 300 million dollars at the time of acquisition. The principal activity of the company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.