AVK (Advent Convertible &ome Fund) Scaled Net Operating Assets: 1.07 (As of Oct. 2025)


AVK Advent Convertible & Income Fund AVK
30 GF Score
Price $12.83
! 5 Warning Signs
View Full Analysis

What is Advent Convertible &ome Fund Scaled Net Operating Assets?

Advent Convertible &ome Fund AVK +0.94% 30 Scaled Net Operating Assets is 1.07 as of Oct. 2025. GuruFocus rates AVK with a GF Score™ of 30/100. The stock has 5 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.

Advent Convertible &ome Fund's operating assets for the quarter that ended in Oct. 2025 was $952.8 Mil. Advent Convertible &ome Fund's operating liabilities for the quarter that ended in Oct. 2025 was $11.7 Mil. Advent Convertible &ome Fund's Total Assets for the quarter that ended in Apr. 2025 was $877.7 Mil. Therefore, Advent Convertible &ome Fund's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 1.07.

AVK
30GF Score
Advent Convertible & Income Fund AVK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advent Convertible &ome 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.

Advent Convertible &ome 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 )
=(952.787-11.744)/863.675
=1.09

where

Operating Assets(A: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=952.787 - 0
=952.787

Operating Liabilities(A: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=361.766 - 350.022 - 0
=11.744

Advent Convertible &ome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(952.787-11.744)/877.73
=1.07

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=952.787 - 0
=952.787

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=361.766 - 350.022 - 0
=11.744

* 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 1.07 mean?
Advent Convertible &ome Fund (AVK) has a Scaled Net Operating Assets of 1.07 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Advent Convertible &ome Fund and its competitors.
Is Advent Convertible &ome Fund's Scaled Net Operating Assets too high?
Advent Convertible &ome Fund's current Scaled Net Operating Assets is 1.07. Overall, Advent Convertible &ome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Advent Convertible &ome Fund's Scaled Net Operating Assets compare to ETJ and CHW?
Advent Convertible &ome Fund's Scaled Net Operating Assets of 1.07 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 Advent Convertible &ome Fund and its competitors. Advent Convertible &ome Fund's current Scaled Net Operating Assets is 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Convertible &ome Fund stock overvalued right now?
Advent Convertible &ome Fund (AVK) has a current Scaled Net Operating Assets of 1.07. The current Scaled Net Operating Assets is 1.07. Advent Convertible &ome Fund's overall GF Score™ is 30/100 with 5 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 Advent Convertible &ome Fund (AVK), the current Scaled Net Operating Assets is 1.07 as of Oct. 2025. 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.

Advent Convertible &ome Fund Business Description

Address 888 Seventh Avenue, 31st Floor, New York, NY, USA, 10019
Advent Convertible & Income Fund is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in various sectors, such as communications, utilities, energy, industrial, technology, and others.
30GF Score

Get the complete analysis for AVK

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

$12.83
Price