CSWC (Capital Southwest) Scaled Net Operating Assets: 1.00 (As of Mar. 2026)


CSWC Capital Southwest Corp CSWC
57 GF Score
Price $23.05
GF Value $25.51
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Capital Southwest Scaled Net Operating Assets?

Capital Southwest CSWC +0.48% 57 Scaled Net Operating Assets is 1.00 as of Mar. 2026. GuruFocus rates CSWC with a GF Score™ of 57/100 and a GF Value™ of $25.51 (Modestly Undervalued). The stock has 6 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.

Capital Southwest's operating assets for the quarter that ended in Mar. 2026 was $2,148.5 Mil. Capital Southwest's operating liabilities for the quarter that ended in Mar. 2026 was $35.3 Mil. Capital Southwest's Total Assets for the quarter that ended in Dec. 2025 was $2,115.9 Mil. Therefore, Capital Southwest's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.00.

CSWC
57GF Score
Capital Southwest Corp CSWC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Capital Southwest 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.

Capital Southwest's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(2148.473-35.301)/1882.84
=1.12

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2177.518 - 29.045
=2148.473

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1166.526 - 1131.225 - 0
=35.301

Capital Southwest's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(2148.473-35.301)/2115.921
=1.00

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2177.518 - 29.045
=2148.473

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1166.526 - 1131.225 - 0
=35.301

* 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 1.00 mean?
Capital Southwest (CSWC) has a Scaled Net Operating Assets of 1.00 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Capital Southwest and its competitors.
Is Capital Southwest's Scaled Net Operating Assets too high?
Capital Southwest's current Scaled Net Operating Assets is 1.00. Overall, Capital Southwest has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Capital Southwest's Scaled Net Operating Assets compare to BTT and HYT?
Capital Southwest's Scaled Net Operating Assets of 1.00 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 Capital Southwest and its competitors. Capital Southwest's current Scaled Net Operating Assets is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Southwest stock overvalued right now?
Based on GuruFocus' analysis, Capital Southwest (CSWC) is currently considered Modestly Undervalued. The stock's GF Value™ is $25.51, compared to a current price of $23.05 — trading 9.6% below its estimated fair value. The current Scaled Net Operating Assets is 1.00. Capital Southwest's overall GF Score™ is 57/100 with 6 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 Capital Southwest (CSWC), the current Scaled Net Operating Assets is 1.00 as of Mar. 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 Capital Southwest (CSWC) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Southwest stock appears to be undervalued. The current stock price of $23.05 is trading 9.6% below its estimated GF Value™ of $25.51. GuruFocus considers Capital Southwest to be Modestly Undervalued.

Key valuation signals for CSWC:

  • Scaled Net Operating Assets: 1.00
  • GF Value™: $25.51 vs. price of $23.05 (9.6% below fair value)
  • GF Score™: 57/100 with 6 warning signs

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

Capital Southwest Business Description

Other Exchanges SFW:Germany
Address 8333 Douglas Avenue, Suite 1100, Dallas, TX, USA, 75225
Capital Southwest Corp is a U.S.-based investment company that specializes in providing customized financing to middle market companies across various industries. The company's investment objective is to produce attractive risk-adjusted returns by generating current income from debt investments and capital appreciation from equity and equity related investments. It focuses on providing flexible financing solutions through partnerships with business owners, management teams, and financial sponsors. The company's portfolio may include senior debt, second lien, and subordinated debt, preferred stocks, common stocks, and warrants. The primary source of revenue comprises interest income and dividend income from investments made as well as management fees.
57GF Score

Get the complete analysis for CSWC

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

$23.05
Price
$25.51
GF Value