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Princeton Capital (Princeton Capital) Scaled Net Operating Assets : 0.72 (As of Mar. 2024)


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What is Princeton 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.

Princeton Capital's operating assets for the quarter that ended in Mar. 2024 was $23.87 Mil. Princeton Capital's operating liabilities for the quarter that ended in Mar. 2024 was $0.54 Mil. Princeton Capital's Total Assets for the quarter that ended in Dec. 2023 was $32.31 Mil. Therefore, Princeton Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.72.

Princeton 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.

Princeton 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 )
=(30.376-0.41)/32.486
=0.92

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=32.314 - 1.938
=30.376

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.41 - 0 - 0
=0.41

Princeton Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(23.868-0.54)/32.314
=0.72

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=25.81 - 1.942
=23.868

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.54 - 0 - 0
=0.54

* 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.

Princeton Capital Scaled Net Operating Assets Related Terms

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Princeton Capital (Princeton Capital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Princeton Capital Corp (OTCPK:PIAC) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
800 Turnpike Street, Suite 300, North Andover, MA, USA, 01845
Website
https://www.princetoncapitalcorp.com
Princeton Capital Corp is an externally managed, non-diversified, closed-end investment company that has elected to be treated as a BDC. While the company has sought to invest primarily in private small and lower middle-market companies in various industries through first-lien loans, second-lien loans, unsecured loans, unitranche and mezzanine debt financing, often times with a corresponding equity investment, the company is now (with a strategic alternatives process underway and limited resources) investing only in current investments and otherwise conserving cash.
Executives
Mark S. Disalvo director, 10 percent owner 800 TURNPIKE STREET, SUITE 300, NORTH ANDOVER MA 01845
Gregory Scott Bennett director 35 PARADISE CLOSE, RED BAY, GEORGE TOWN, GRAND CAYMAN E9 0000
Martin William Laidlaw director WINDWARD 1, REGATTA OFFICER PARK, WEST BAY ROAD, PO BOX 30100, GRAND CAYMAN E9 KY1-1201
Darren Stainrod director FIDELITY FINANCIAL CENTRE, 3RD FLOOR, BOX 2427, WEST BAY ROAD, GRAND CAYMAN E9 KY1-1105
Charles J Newman director, officer: CEO/CFO/Chairman P.O. BOX 25610, SCOTTSDALE AZ 85255
Alfred Jackson director, 10 percent owner ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Gregory J. Cannella officer: CFO, Treasurer and Secretary ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Trennis L Jones director ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Munish Sood director, officer: Chief Executive Officer ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Joy Sheehan officer: Chief Compliance Officer ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Thomas Jr. Jones director ONE RIVERWAY, SUITE 2020, HOUSTON TX 77056
Capital Point Partners, L.p. 10 percent owner ONE RIVERWAY, SUITE 200, HOUSTON TX 77056
Brodkorb Bernard Leonard Jr director 2560 N RICE STREET, ST PAUL MN 55113