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CION Invt (FRA:D21) Scaled Net Operating Assets : 0.94 (As of Mar. 2024)


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What is CION Invt 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.

CION Invt's operating assets for the quarter that ended in Mar. 2024 was €1,766.2 Mil. CION Invt's operating liabilities for the quarter that ended in Mar. 2024 was €41.2 Mil. CION Invt's Total Assets for the quarter that ended in Dec. 2023 was €1,835.6 Mil. Therefore, CION Invt's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.94.

CION Invt 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.

CION Invt'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 )
=(1827.864-37.102)/1767.556
=1.01

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1835.581 - 7.717
=1827.864

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1029.022 - 991.92 - 0
=37.102

CION Invt's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1766.209-41.178)/1835.581
=0.94

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1810.812 - 44.603
=1766.209

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1016.798 - 975.62 - 0
=41.178

* 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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CION Invt (FRA:D21) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CION Invt Corp (FRA:D21) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
CION:USA
Address
100 Park Avenue, 25th Floor, New York, NY, USA, 10016
Website
https://www.cioninvestments.com
CION Invt Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company's portfolio is comprised of investments in senior secured debt, including first lien loans, second lien loans and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly-traded U.S. middle-market companies.