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Eagle Point Credit Co (Eagle Point Credit Co) Scaled Net Operating Assets : 1.08 (As of Dec. 2023)


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What is Eagle Point Credit Co 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.

Eagle Point Credit Co's operating assets for the quarter that ended in Dec. 2023 was $908.05 Mil. Eagle Point Credit Co's operating liabilities for the quarter that ended in Dec. 2023 was $61.00 Mil. Eagle Point Credit Co's Total Assets for the quarter that ended in Jun. 2023 was $785.46 Mil. Therefore, Eagle Point Credit Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 1.08.

Eagle Point Credit Co 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.

Eagle Point Credit Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(908.049-61.003)/760.153
=1.11

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=954.494 - 46.445
=908.049

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=218.717 - 157.714 - 0
=61.003

Eagle Point Credit Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(908.049-61.003)/785.461
=1.08

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=954.494 - 46.445
=908.049

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=218.717 - 157.714 - 0
=61.003

* 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.

Eagle Point Credit Co Scaled Net Operating Assets Related Terms

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Eagle Point Credit Co (Eagle Point Credit Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eagle Point Credit Co Inc (NYSE:ECCA.CL.PFD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
ECC:USA
Address
600 Steamboat Road, Suite 202, Greenwich, CT, USA, 06830
Website
http://www.eaglepointcreditcompany.com
Eagle Point Credit Co Inc is an externally managed, non-diversified closed-end management investment company.
Executives
Scott Johnathan Bronner other: Affiliate of Adviser C/O STONE POINT CAPITAL, 20 HORSENECK LANE, GREENWICH CT 06830
Graham C Goldsmith other: Affiliate of Adviser 20 HORSENECK LANE, GREENWICH CT 06830
Thomas P. Majewski director, officer: Chief Executive Officer, other: Portfolio Manager 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Kevin F. Mcdonald director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Scott W. Appleby director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Nauman S. Malik officer: CCO 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Kenneth P. Onorio officer: CFO/COO 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Paul E. Tramontano director 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Daniel M. Spinner other: Principal & Portfolio Manager 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Oa Eagle Group Investors, Llc other: See Remarks below 126 OTTAWA AVENUE NW, STE 500, GRAND RAPIDS MI 49503
Trident Capital V, L.p. 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Trident Capital V-pf, L.p. 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Eagle Point Credit Management Llc other: Investment Adviser 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Rdv Corp other: See Remarks below 126 OTTAWA AVENUE, NW, SUITE 500, GRAND RAPIDS MI 49503
Jerry L Tubergen other: See Remarks below