Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Scaled Net Operating Assets : 0.87 (As of May. 2018)

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What is Kayne Anderson Energy Development Co 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.

Kayne Anderson Energy Development Co's operating assets for the quarter that ended in May. 2018 was $297.69 Mil. Kayne Anderson Energy Development Co's operating liabilities for the quarter that ended in May. 2018 was $47.14 Mil. Kayne Anderson Energy Development Co's Total Assets for the quarter that ended in Nov. 2017 was $289.15 Mil. Therefore, Kayne Anderson Energy Development Co's scaled net operating assets (SNOA) for the quarter that ended in May. 2018 was 0.87.

Kayne Anderson Energy Development Co 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.

Kayne Anderson Energy Development Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2017 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Nov. 2017 )
=	(Operating Assets (A: Nov. 2017 )	-	Operating Liabilities (A: Nov. 2017 ))	/	Total Assets (A: Nov. 2016 )
=	(287.152	-	55.328)	/	345.976
=	0.67

where

	Operating Assets		(A: Nov. 2017 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	289.152	-	2
=	287.152

	Operating Liabilities		(A: Nov. 2017 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	114.993	-	59.665	-	0
=	55.328

Kayne Anderson Energy Development Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2018 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: May. 2018 )
=	(Operating Assets (Q: May. 2018 )	-	Operating Liabilities (Q: May. 2018 ))	/	Total Assets (Q: Nov. 2017 )
=	(297.686	-	47.136)	/	289.152
=	0.87

where

	Operating Assets		(Q: May. 2018 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	299.686	-	2
=	297.686

	Operating Liabilities		(Q: May. 2018 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	106.839	-	59.703	-	0
=	47.136

* 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.

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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.kaynefunds.com

Kayne Anderson Energy Development Co is a non-diversified, closed-end fund. Its objective is to generate current income and capital appreciation through equity and debt investments. The fund seeks to achieve this objective by investing at least 80% of its total assets in securities of Energy companies. A key focus area for the company's investments is equity and debt investments in private and public entities structured as Ltd partnerships. In addition, it also owns equity and debt investments in Upstream, Midstream and Other Energy companies. Geographically all the operation is functioned through the region of US.

Executives

Richard A Kayne	10 percent owner, other: CEO of Member/Manager of IA
William R Cordes	director	17237 HOWARD PLAZA, OMAHA NE 68118
Alan Boswell	officer: VICE PRESIDENT	811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Terry A Hart	officer: Treasurer and CFO	1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002
Prudential Insurance Co Of America	10 percent owner	751 BROAD STREET, NEWARK NJ 07102
Prudential Financial Inc	10 percent owner	751 BROAD ST, NEWARK NJ 07102
James C Baker	officer: Vice President	C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Jody Meraz	officer: Vice President	717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Ka Holdings Inc	10 percent owner, other: Affiliate / Investment Adviser	1800 AVENUE OF THE STARS, 2ND FLOOR, LOS ANGELES CA 90067
Kevin S Mccarthy	director, officer: President, CEO, Chairman	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Daley	other: Investment Adviser CFO	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Anderson	10 percent owner, other: Affiliate / Investment Adviser	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Robert Sinnott	director	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
William L Thacker	director	94 WEDGEWOOD DR. W., MONTGOMERY TX 77366
Barry R Pearl	director	P.O. BOX 2521, HOUSTON TX 77252-2521