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GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Scaled Net Operating Assets : 0.67 (As of Dec. 2022)


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What is GABELLI CONVERTIBLE &OME SECURITIES 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND's operating assets for the quarter that ended in Dec. 2022 was $97.65 Mil. GABELLI CONVERTIBLE &OME SECURITIES FUND's operating liabilities for the quarter that ended in Dec. 2022 was $17.41 Mil. GABELLI CONVERTIBLE &OME SECURITIES FUND's Total Assets for the quarter that ended in Jun. 2022 was $118.99 Mil. Therefore, GABELLI CONVERTIBLE &OME SECURITIES FUND's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.67.

GABELLI CONVERTIBLE &OME SECURITIES 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Dec. 2022 )
=(90.317-15.856)/97.652
=0.76

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=90.342 - 0.025
=90.317

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.856 - 0 - 0
=15.856

GABELLI CONVERTIBLE &OME SECURITIES FUND's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Jun. 2022 )
=(97.646-17.405)/118.993
=0.67

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=97.652 - 0.006
=97.646

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.405 - 0 - 0
=17.405

* 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.

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GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC (NYSE:GCV) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Website
https://www.gabelli.com
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The company invests in various portfolios such as Health Care, Financial Services, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive and others. All the operation of the group is operated through the regions of United States.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chairman 191 MASON STREET, GREENWICH CT 06830
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Werner J Roeder director ONE CORPORATE CENTER, RYE NY 10580
Daniel Diss Harding director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Dugald A Fletcher director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Thomas H Dinsmore director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Joseph H Egan officer: Acting Treasurer ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019