ACP (abrdnome Credit Strategies Fund) Scaled Net Operating Assets: 0.84 (As of Apr. 2026)

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ACP abrdn Income Credit Strategies Fund ACP
48 GF Score
Price $5.08
GF Value $7.79
Valuation Significantly Undervalued
! 4 Warning Signs
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What is abrdnome Credit Strategies Fund Scaled Net Operating Assets?

abrdnome Credit Strategies Fund ACP +0.40% 48 Scaled Net Operating Assets is 0.84 as of Apr. 2026. GuruFocus rates ACP with a GF Score™ of 48/100 and a GF Value™ of $7.79 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

abrdnome Credit Strategies Fund's operating assets for the quarter that ended in Apr. 2026 was $1,049.65 Mil. abrdnome Credit Strategies Fund's operating liabilities for the quarter that ended in Apr. 2026 was $161.97 Mil. abrdnome Credit Strategies Fund's Total Assets for the quarter that ended in Oct. 2025 was $1,060.75 Mil. Therefore, abrdnome Credit Strategies Fund's scaled net operating assets (SNOA) for the quarter that ended in Apr. 2026 was 0.84.

ACP
48GF Score
abrdn Income Credit Strategies Fund ACP
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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abrdnome Credit Strategies 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.

abrdnome Credit Strategies Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2025 )
=(Operating Assets (A: Oct. 2025 )-Operating Liabilities (A: Oct. 2025 ))/Total Assets (A: Oct. 2024 )
=(1060.065-62.006)/1137.289
=0.88

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1060.753 - 0.688
=1060.065

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=322.006 - 260 - 0
=62.006

abrdnome Credit Strategies Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Apr. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Apr. 2026 )
=(Operating Assets (Q: Apr. 2026 )-Operating Liabilities (Q: Apr. 2026 ))/Total Assets (Q: Oct. 2025 )
=(1049.651-161.967)/1060.753
=0.84

where

Operating Assets(Q: Apr. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1050.564 - 0.913
=1049.651

Operating Liabilities(Q: Apr. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=341.967 - 180 - 0
=161.967

* 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.

What does a Scaled Net Operating Assets of 0.84 mean?
abrdnome Credit Strategies Fund (ACP) has a Scaled Net Operating Assets of 0.84 as of Apr. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on abrdnome Credit Strategies Fund and its competitors.
Is abrdnome Credit Strategies Fund's Scaled Net Operating Assets too high?
abrdnome Credit Strategies Fund's current Scaled Net Operating Assets is 0.84. Overall, abrdnome Credit Strategies Fund has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does abrdnome Credit Strategies Fund's Scaled Net Operating Assets compare to MUJ and BHK?
abrdnome Credit Strategies Fund's Scaled Net Operating Assets of 0.84 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on abrdnome Credit Strategies Fund and its competitors. abrdnome Credit Strategies Fund's current Scaled Net Operating Assets is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is abrdnome Credit Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, abrdnome Credit Strategies Fund (ACP) is currently considered Significantly Undervalued. The stock's GF Value™ is $7.79, compared to a current price of $5.08 — trading 34.8% below its estimated fair value. The current Scaled Net Operating Assets is 0.84. abrdnome Credit Strategies Fund's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For abrdnome Credit Strategies Fund (ACP), the current Scaled Net Operating Assets is 0.84 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is abrdnome Credit Strategies Fund (ACP) Overvalued in 2026?

Based on GuruFocus' analysis, abrdnome Credit Strategies Fund stock appears to be undervalued. The current stock price of $5.08 is trading 34.8% below its estimated GF Value™ of $7.79. GuruFocus considers abrdnome Credit Strategies Fund to be Significantly Undervalued.

Key valuation signals for ACP:

  • Scaled Net Operating Assets: 0.84
  • GF Value™: $7.79 vs. price of $5.08 (34.8% below fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the ACP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

abrdnome Credit Strategies Fund Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Income Credit Strategies Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It predominantly invests in debt and loan instruments of issues that operate in a variety of industries and geographic regions.
48GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.08
Price
$7.79
GF Value