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Emergent Capital (Emergent Capital) Scaled Net Operating Assets : 0.86 (As of Aug. 2020)


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What is Emergent 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.

Emergent Capital's operating assets for the quarter that ended in Aug. 2020 was $155.35 Mil. Emergent Capital's operating liabilities for the quarter that ended in Aug. 2020 was $5.24 Mil. Emergent Capital's Total Assets for the quarter that ended in May. 2020 was $175.12 Mil. Therefore, Emergent Capital's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2020 was 0.86.


Emergent 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.

Emergent Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Nov. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(A: Nov. 2019 )
=(Operating Assets (A: Nov. 2019 )-Operating Liabilities (A: Nov. 2019 ))/Total Assets (A: Dec. 2017 )
=(141.429-6.902)/634.39
=0.21

where

Operating Assets(A: Nov. 2019 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=165.712 - 24.283
=141.429

Operating Liabilities(A: Nov. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=123.599 - 116.697 - 0
=6.902

Emergent Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2020 )
=(Operating Assets (Q: Aug. 2020 )-Operating Liabilities (Q: Aug. 2020 ))/Total Assets (Q: May. 2020 )
=(155.353-5.237)/175.122
=0.86

where

Operating Assets(Q: Aug. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=174.407 - 19.054
=155.353

Operating Liabilities(Q: Aug. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=116.148 - 110.911 - 0
=5.237

* 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.


Emergent Capital Scaled Net Operating Assets Related Terms

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Emergent Capital (Emergent Capital) Business Description

Traded in Other Exchanges
N/A
Address
5355 Town Center Road, Suite 701, Boca Raton, FL, USA, 33486
Emergent Capital Inc operates as a life insurance company. The firm invests primarily in life settlements, which provide liquidity for the owners of life insurance policies that face a short-term cash need or can no longer afford their insurance premiums. It also focuses on providing portfolio management services. The company receives maximum revenue in the form of interest income. Geographically, the company operates only in the United States of America market region.
Executives
Patrick J Curry director, 10 percent owner, officer: CEO 5601 WEST WACO DRIVE WACO TX 76710
Pjc Investments, Llc director, 10 percent owner 204 WOODHEW DRIVE WACO TX 76712
Robert C Knapp director C/O IRONSIDES PARTNERS LLC, 100 SUMMER STREET, SUITE 2705, BOSTON MA 02110
Miriam Martinez officer: CFO and Secretary C/O IMPERIAL HOLDINGS, INC. 701 PARK OF COMMERCE BLVD., SUITE 301 BOCA RATON FL 33487
Jack Simony officer: VP and CIO C/O EMERGENT CAPITAL, INC. 5355 TOWN CENTER ROAD, SUITE 701 BOCA RATON FL 33486
Harvey Z. Werblowsky officer: VP, CLO and GC C/O EMERGENT CAPITAL, INC. 5355 TOWN CENTER ROAD, SUITE 701 BOCA RATON FL 33486
Matthew D Houk director 470 PARK AVENUE SOUTH 4TH FLOOR NEW YORK NY 10016
Roy Patterson director 17002 MARCY STREET OMAHA NE 68118
James G. Wolf director 105, FLYWAY DRIVE, KIAWAH ISLAND SC 29455
Patrick Thomas Brennan director 1 SEA BREEZE COURT NAPA CA 94559
Joseph E Sarachek director, 10 percent owner C/O TRIAX CAPITAL ADVISORS, LLC 620 FIFTH AVENUE, 2ND FLOOR NEW YORK NY 10020
Topco 1, Llc director, 10 percent owner C/O KELLEY DRYE & WARREN LLP 101 PARK AVENUE NEW YORK NY 10178
Jsarco, Llc director, 10 percent owner C/O KELLEY DRYE & WARREN LLP 101 PARK AVENUE NEW YORK NY 10178
Antony Mitchell other: Former CEO and Director 701 PARK OF COMMERCE BOULEVARD SUITE 301 BOCA RATON FL 33487
James Hua director 40 LAKE BELLEVUE DRIVE BELLEVUE WA 98108