CRF (Cornerstone Total Return Fund) Scaled Net Operating Assets: 1.04 (As of Dec. 2025)


CRF Cornerstone Total Return Fund Inc CRF
48 GF Score
Price $7.18
GF Value $5.88
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Cornerstone Total Return Fund Scaled Net Operating Assets?

Cornerstone Total Return Fund CRF +0.56% 48 Scaled Net Operating Assets is 1.04 as of Dec. 2025. GuruFocus rates CRF with a GF Score™ of 48/100 and a GF Value™ of $5.88 (Modestly Overvalued). 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.

Cornerstone Total Return Fund's operating assets for the quarter that ended in Dec. 2025 was $1,050.6 Mil. Cornerstone Total Return Fund's operating liabilities for the quarter that ended in Dec. 2025 was $1.2 Mil. Cornerstone Total Return Fund's Total Assets for the quarter that ended in Jun. 2025 was $1,008.2 Mil. Therefore, Cornerstone Total Return Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.04.

CRF
48GF Score
Cornerstone Total Return Fund Inc CRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cornerstone Total Return 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.

Cornerstone Total Return Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1050.602-1.196)/779.762
=1.35

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1050.602 - 0
=1050.602

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.196 - 0 - 0
=1.196

Cornerstone Total Return Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(1050.602-1.196)/1008.242
=1.04

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1050.602 - 0
=1050.602

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.196 - 0 - 0
=1.196

* 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 1.04 mean?
Cornerstone Total Return Fund (CRF) has a Scaled Net Operating Assets of 1.04 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cornerstone Total Return Fund and its competitors.
Is Cornerstone Total Return Fund's Scaled Net Operating Assets too high?
Cornerstone Total Return Fund's current Scaled Net Operating Assets is 1.04. Overall, Cornerstone Total Return Fund has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cornerstone Total Return Fund's Scaled Net Operating Assets compare to FRBP and EOS?
Cornerstone Total Return Fund's Scaled Net Operating Assets of 1.04 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 Cornerstone Total Return Fund and its competitors. Cornerstone Total Return Fund's current Scaled Net Operating Assets is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cornerstone Total Return Fund stock overvalued right now?
Based on GuruFocus' analysis, Cornerstone Total Return Fund (CRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.88, compared to a current price of $7.18 — trading 22.1% above its estimated fair value. The current Scaled Net Operating Assets is 1.04. Cornerstone Total Return 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 Cornerstone Total Return Fund (CRF), the current Scaled Net Operating Assets is 1.04 as of Dec. 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.

Is Cornerstone Total Return Fund (CRF) Overvalued in 2026?

Based on GuruFocus' analysis, Cornerstone Total Return Fund stock appears to be overvalued. The current stock price of $7.18 is trading 22.1% above its estimated GF Value™ of $5.88. GuruFocus considers Cornerstone Total Return Fund to be Modestly Overvalued.

Key valuation signals for CRF:

  • Scaled Net Operating Assets: 1.04
  • GF Value™: $5.88 vs. price of $7.18 (22.1% above fair value)
  • GF Score™: 48/100 with 4 warning signs

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

Cornerstone Total Return Fund Business Description

Address 225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246
Cornerstone Total Return Fund Inc is a diversified closed-end management company. Its objective is to seek capital appreciation with current income as a secondary objective. The company invests in sectors such as Information Technology, Health Care, Financials, Communication Services, Consumer Discretionary, Industrials, Exchange-Traded Funds, Utilities, Energy, Real Estate, and others.
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.

$7.18
Price
$5.88
GF Value