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Fortress Capital Acquisition (Fortress Capital Acquisition) Scaled Net Operating Assets : 0.96 (As of Sep. 2022)


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What is Fortress Capital Acquisition 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.

Fortress Capital Acquisition's operating assets for the quarter that ended in Sep. 2022 was $402.70 Mil. Fortress Capital Acquisition's operating liabilities for the quarter that ended in Sep. 2022 was $15.88 Mil. Fortress Capital Acquisition's Total Assets for the quarter that ended in Jun. 2022 was $401.27 Mil. Therefore, Fortress Capital Acquisition's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2022 was 0.96.


Fortress Capital Acquisition Scaled Net Operating Assets Historical Data

The historical data trend for Fortress Capital Acquisition's Scaled Net Operating Assets can be seen below:

* 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.

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Fortress Capital Acquisition Scaled Net Operating Assets Chart

Fortress Capital Acquisition Annual Data
Trend Dec20 Dec21
Scaled Net Operating Assets
0.37 690.07

Fortress Capital Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Scaled Net Operating Assets Get a 7-Day Free Trial 0.91 0.93 0.95 0.96 0.96

Competitive Comparison of Fortress Capital Acquisition's Scaled Net Operating Assets

For the Shell Companies subindustry, Fortress Capital Acquisition's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortress Capital Acquisition's Scaled Net Operating Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortress Capital Acquisition's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Fortress Capital Acquisition's Scaled Net Operating Assets falls into.



Fortress Capital Acquisition 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.

Fortress Capital Acquisition's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(400.894-28.257)/0.54
=690.07

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=401.551 - 0.657
=400.894

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28.257 - 0 - 0
=28.257

Fortress Capital Acquisition's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2022 )
=(Operating Assets (Q: Sep. 2022 )-Operating Liabilities (Q: Sep. 2022 ))/Total Assets (Q: Jun. 2022 )
=(402.697-15.875)/401.271
=0.96

where

Operating Assets(Q: Sep. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=402.782 - 0.085
=402.697

Operating Liabilities(Q: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.875 - 0 - 0
=15.875

* 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.


Fortress Capital Acquisition Scaled Net Operating Assets Related Terms

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Fortress Capital Acquisition (Fortress Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
Fortress Capital Acquisition Corp is a blank check company.
Executives
Gary Kalk director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg director, officer: Chief Executive Officer 799 BROADWAY, NEW YORK NY 10003
Principal Holdings I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Daniel Bass officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Capital Acquisition Sponsor Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Varun Wadhawan officer: Chief Operating Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Debra Coleman director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105

Fortress Capital Acquisition (Fortress Capital Acquisition) Headlines

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