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BlackRock TCP Capital (BlackRock TCP Capital) Scaled Net Operating Assets : 0.91 (As of Dec. 2023)


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What is BlackRock TCP Capital 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.

BlackRock TCP Capital's operating assets for the quarter that ended in Dec. 2023 was $1,586.53 Mil. BlackRock TCP Capital's operating liabilities for the quarter that ended in Dec. 2023 was $25.97 Mil. BlackRock TCP Capital's Total Assets for the quarter that ended in Sep. 2023 was $1,719.17 Mil. Therefore, BlackRock TCP Capital's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.91.

BlackRock TCP Capital 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.

BlackRock TCP Capital'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 )
=(1586.53-25.97)/1719.35
=0.91

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1698.772 - 112.242
=1586.53

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1011.171 - 985.201 - 0
=25.97

BlackRock TCP Capital'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: Sep. 2023 )
=(1586.53-25.97)/1719.165
=0.91

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1698.772 - 112.242
=1586.53

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1011.171 - 985.201 - 0
=25.97

* 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.

BlackRock TCP Capital Scaled Net Operating Assets Related Terms

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BlackRock TCP Capital (BlackRock TCP Capital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock TCP Capital Corp (NAS:TCPC) » Definitions » Scaled Net Operating Assets
Comparable Companies
FFC FAX VVR EOI NXP PHK PFLT EIM HTD CCAP BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
8TC:Germany
Address
2951 28th Street, Suite 1000, Santa Monica, CA, USA, 90405
Website
https://www.tcpcapital.com
BlackRock TCP Capital Corp is an externally-managed specialty finance company focused on middle-market lending. Its investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. It seeks to achieve our investment objective primarily through investments in debt securities of middle-market companies. The group generates returns through a combination of the receipt of contractual interest payments on debt investments and origination and similar fees, and, to a lesser extent, equity appreciation through options, warrants, conversion rights or direct equity investments.
Executives
Karen L Leets director 125 SOUTH FRANKLIN STREET, CHICAGO IL 60606
Rajneesh Vig officer: Authorized Person, other: Officer of Advisor C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA X1 90405
Karyn Leigh Williams director C/O TENNENBAUM CAPITAL PARTNERS, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Erik L. Cuellar officer: Chief Financial Officer 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Andrea Petro director C/O READY CAPITAL CORPORATION, 1251 AVENUE OF THE AMERICAS, 50TH FL., NEW YORK NY 10020
Philip M Tseng officer: Chief Operating Officer C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Charles Park officer: CCO 55 EAST 52ND STREET, NEW YORK NY 10055
Howard Levkowitz director, officer: Chairman & CEO C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Kathleen A Corbet director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Paul L Davis officer: Chief Compliance Officer, other: Officer of Investment Adviser TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, STE 1000, SANTA MONICA CA 90405
Brian F Wruble director TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Leitner officer: Authorized Person, other: Officer of Adviser C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH ST., SUITE 1000, SANTA MONICA CA 90405
Eric John Draut director 340 EAST RANDOLPH, SUITE 3101, CHICAGO IL 60601
Mark Holdsworth officer: Authorized Person, other: Officer of Investment Adviser 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
M. Freddie Reiss director 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405