PIAC (Princeton Capital) Scaled Net Operating Assets: 0.91 (As of Mar. 2026)


What is Princeton Capital Scaled Net Operating Assets?

Princeton Capital PIAC Scaled Net Operating Assets is 0.91 as of Mar. 2026.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Princeton Capital's operating assets for the quarter that ended in Mar. 2026 was $14.18 Mil. Princeton Capital's operating liabilities for the quarter that ended in Mar. 2026 was $0.76 Mil. Princeton Capital's Total Assets for the quarter that ended in Dec. 2025 was $14.76 Mil. Therefore, Princeton Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.91.

Princeton 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.

Princeton Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(14.517-0.496)/21.208
=0.66

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14.759 - 0.242
=14.517

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.496 - 0 - 0
=0.496

Princeton Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(14.177-0.759)/14.759
=0.91

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14.39 - 0.213
=14.177

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.759 - 0 - 0
=0.759

* 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.

What does a Scaled Net Operating Assets of 0.91 mean?
Princeton Capital (PIAC) has a Scaled Net Operating Assets of 0.91 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Princeton Capital and its competitors.
Is Princeton Capital's Scaled Net Operating Assets too high?
Princeton Capital's current Scaled Net Operating Assets is 0.91.
How does Princeton Capital's Scaled Net Operating Assets compare to TWAV and CWD?
Princeton Capital's Scaled Net Operating Assets of 0.91 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Princeton Capital and its competitors. Princeton Capital's current Scaled Net Operating Assets is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Princeton Capital stock overvalued right now?
Princeton Capital (PIAC) has a current Scaled Net Operating Assets of 0.91. The current Scaled Net Operating Assets is 0.91. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Princeton Capital (PIAC), the current Scaled Net Operating Assets is 0.91 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Princeton Capital Business Description

Address 800 Turnpike Street, Suite 300, North Andover, MA, USA, 01845
Princeton Capital Corp is an externally managed, non-diversified, closed-end investment company that has elected to be treated as a BDC. Its investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments in private small and lower middle-market companies. While the company has sought to invest predominantly in private small and lower middle-market companies in various industries through first-lien loans, second-lien loans, unsecured loans, unitranche ,and mezzanine debt financing, often with a corresponding equity investment, the company is now investing only in current investments and otherwise conserving cash.