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FSCO (FS Credit Opp) Net Cash per Share : $-3.13 (As of Jun. 2024)


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What is FS Credit Opp Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). FS Credit Opp's Net Cash per Share for the quarter that ended in Jun. 2024 was $-3.13.

The historical rank and industry rank for FS Credit Opp's Net Cash per Share or its related term are showing as below:

FSCO's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 8.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

FS Credit Opp Net Cash per Share Historical Data

The historical data trend for FS Credit Opp's Net Cash per Share can be seen below:

* 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.

* Premium members only.

FS Credit Opp Net Cash per Share Chart

FS Credit Opp Annual Data
Trend Dec22 Dec23
Net Cash per Share
-3.37 -3.06

FS Credit Opp Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Net Cash per Share -3.37 -3.03 -3.06 -3.13

Competitive Comparison of FS Credit Opp's Net Cash per Share

For the Asset Management subindustry, FS Credit Opp's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FS Credit Opp's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FS Credit Opp's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where FS Credit Opp's Price-to-Net-Cash falls into.



FS Credit Opp Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

FS Credit Opp's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(106.203+0-714.037-0)/198.356
=-3.06

FS Credit Opp's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(103.006+0-724.72-0)/198.356
=-3.13

* 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.


FS Credit Opp  (NYSE:FSCO) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


FS Credit Opp Net Cash per Share Related Terms

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FS Credit Opp Business Description

Traded in Other Exchanges
N/A
Address
201 Rouse Boulevard, Philadelphia, PA, USA, 19112
FS Credit Opp Corp. is a closed-end management investment company. The Fund's primary investment objective is to generate an attractive total return consisting of a high level of current income and capital appreciation, with a secondary objective of capital preservation. The Fund seeks to achieve its investment objectives by focusing on strategies such as Opportunistic Credit (including event-driven and market price inefficiencies), Special Situations, and Capital Structure Solutions.
Executives
Hughes Philip E Jr director 3936 NETHERFIELD ROAD, PHILADELPHIA PA 19129
Della Clark director 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Fsh Seed Capital Vehicle I Llc other: Investment Adviser Affiliate 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Franklin Square Holdings, L.p. other: Investment Adviser Affiliate 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
David J. Adelman other: Investment Adviser Affiliate CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Michael C. Forman director, officer: Chief Executive Officer CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Nix Robert N.c. Iii director C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Keith Bethel director C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Gallivan Edward T Jr officer: Chief Financial Officer C/O FS ENERGY AND POWER FUND, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Hans Nicholas Heilbut other: Investment Committee Member C/O FS INVESTMENTS, 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Michael John Kelly other: Investment Committee Member 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
David Weiser other: Investment Committee Member 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Andrew Beckman other: Investment Committee Member C/O FS INVESTMENTS, 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Sean K Coleman other: Investment Committee Member C/O FRANKLIN SQUARE CAPITAL PARTNERS, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104