GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ArrowMark Financial Corp (FRA:S9O) » Definitions » Scaled Net Operating Assets

ArrowMark Financial (FRA:S9O) Scaled Net Operating Assets : 0.97 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is ArrowMark Financial 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.

ArrowMark Financial's operating assets for the quarter that ended in Dec. 2023 was €186.38 Mil. ArrowMark Financial's operating liabilities for the quarter that ended in Dec. 2023 was €5.74 Mil. ArrowMark Financial's Total Assets for the quarter that ended in Jun. 2023 was €185.78 Mil. Therefore, ArrowMark Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.97.


ArrowMark Financial 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.

ArrowMark Financial'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 )
=(186.384-5.741)/196.824
=0.92

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=186.79 - 0.406
=186.384

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47.006 - 41.265 - 0
=5.741

ArrowMark Financial'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 )
=(186.384-5.741)/185.781
=0.97

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=186.79 - 0.406
=186.384

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=47.006 - 41.265 - 0
=5.741

* 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.


ArrowMark Financial Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of ArrowMark Financial's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


ArrowMark Financial (FRA:S9O) Business Description

Traded in Other Exchanges
Address
100 Fillmore Street, Suite 325, Denver, CO, USA, 80206
ArrowMark Financial Corp is a non-diversified, closed-end management investment company. Its objective is to provide stockholders with current income, and to a lesser extent capital appreciation. The company's investment in various portfolios such as debt securities, trust preferred securities, preferred shares of credit securitization, preferred securities, convertible preferred stock, exchange-traded fund, limited partnership interest, and money market fund.