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Ares Capital (LTS:0HHP) Scaled Net Operating Assets : 0.98 (As of Dec. 2024)


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What is Ares Capital 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.

Ares Capital's operating assets for the quarter that ended in Dec. 2024 was $27,619 Mil. Ares Capital's operating liabilities for the quarter that ended in Dec. 2024 was $1,140 Mil. Ares Capital's Total Assets for the quarter that ended in Sep. 2024 was $27,100 Mil. Therefore, Ares Capital's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.98.

Ares Capital 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.

Ares Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(27619-1140)/23800
=1.11

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=28254 - 635
=27619

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14899 - 13759 - 0
=1140

Ares Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(27619-1140)/27100
=0.98

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=28254 - 635
=27619

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14899 - 13759 - 0
=1140

* 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.

Ares Capital Scaled Net Operating Assets Related Terms

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Ares Capital Business Description

Industry
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Traded in Other Exchanges
ARCC:USA 9A2:Germany 9A2:Germany 9A2:Germany
Address
245 Park Avenue, 44th Floor, New York, NY, USA, 10167
Website
https://www.arescapitalcorp.com
Ares Capital Corp is a United States-based closed-ended specialty finance company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company focuses on investing primarily in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and subordinated debt, generally in a first lien position) and second lien senior secured loans. In addition to senior secured loans, the company also invests in subordinated loans and preferred equity, it also makes common equity investments.