GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) » Definitions » Scaled Net Operating Assets

Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Scaled Net Operating Assets : 0.99 (As of Jan. 2023)


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

What is Virtus Convertible &ome 2024 Target Term Fund 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.

Virtus Convertible &ome 2024 Target Term Fund's operating assets for the quarter that ended in Jan. 2023 was $245.17 Mil. Virtus Convertible &ome 2024 Target Term Fund's operating liabilities for the quarter that ended in Jan. 2023 was $6.22 Mil. Virtus Convertible &ome 2024 Target Term Fund's Total Assets for the quarter that ended in Jul. 2022 was $241.53 Mil. Therefore, Virtus Convertible &ome 2024 Target Term Fund's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2023 was 0.99.

Virtus Convertible &ome 2024 Target Term Fund 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.

Virtus Convertible &ome 2024 Target Term Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2024 )
=(Operating Assets (A: Jan. 2024 )-Operating Liabilities (A: Jan. 2024 ))/Total Assets (A: Jan. 2023 )
=(182.244-4.981)/245.297
=0.72

where

Operating Assets(A: Jan. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=190.518 - 8.274
=182.244

Operating Liabilities(A: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24.681 - 19.7 - 0
=4.981

Virtus Convertible &ome 2024 Target Term Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2023 )
=(Operating Assets (Q: Jan. 2023 )-Operating Liabilities (Q: Jan. 2023 ))/Total Assets (Q: Jul. 2022 )
=(245.169-6.222)/241.534
=0.99

where

Operating Assets(Q: Jan. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=245.297 - 0.128
=245.169

Operating Liabilities(Q: Jan. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=75.922 - 69.7 - 0
=6.222

* 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.

Virtus Convertible &ome 2024 Target Term Fund Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Virtus Convertible &ome 2024 Target Term Fund's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtus Convertible &ome 2024 Target Term Fund (Virtus Convertible &ome 2024 Target Term Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) » Definitions » Scaled Net Operating Assets
Comparable Companies
FPL INSI MAV HGLB FT DHF VBF TEAF MRCC MHI BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
Website
https://us.allianzgi.com
AllianzGI Convertible & Income 2024 Target Term Fund is a diversified, closed-end management investment company. The fund's investment objectives are to provide a high level of income and to returns. The group invests in various sectors such as Aerospace and Defense, Healthcare-Services, Machinery-Construction and Mining, Pharmaceuticals, Transportation, Textiles, Apparel and Luxury Goods, Diversified Financial Services, Auto Components and others.
Executives
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Christine Hurtsellers other: CEO - Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa other: CIO-Subadviser to the issuer 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky other: CIO-Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Voya Investment Management Co other: Subadviser to the issuer 10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
F Ford Drummond director 100 N BROADWAY, OKLAHOMA CITY OK 73102
Alan Rappaport director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Bradley William Patrick Iii officer: EVP, CFO and Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
George R Aylward director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Francis G Waltman officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Justin Kass other: Portfolio Manager 1345 AVE OF THE AMERICAS, NEW YORK NY 10105