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PRIFPF.PFD (Priorityome Fund,) Scaled Net Operating Assets : 0.65 (As of Dec. 2024)


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What is Priorityome Fund, 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.

Priorityome Fund,'s operating assets for the quarter that ended in Dec. 2024 was $895.64 Mil. Priorityome Fund,'s operating liabilities for the quarter that ended in Dec. 2024 was $257.10 Mil. Priorityome Fund,'s Total Assets for the quarter that ended in Jun. 2024 was $983.35 Mil. Therefore, Priorityome Fund,'s scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.65.

Priorityome Fund, 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.

Priorityome Fund,'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(965.337-276.887)/934.921
=0.74

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=983.345 - 18.008
=965.337

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=325.328 - 48.441 - 0
=276.887

Priorityome Fund,'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: Jun. 2024 )
=(895.642-257.104)/983.345
=0.65

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=915.719 - 20.077
=895.642

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=324.279 - 67.175 - 0
=257.104

* 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.

Priorityome Fund, Scaled Net Operating Assets Related Terms

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Priorityome Fund, Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Priority Income Fund, Inc. (NYSE:PRIFpF.PFD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
PRIFpG.PFD:USA PRIFpD.PFD:USA
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Website
https://www.priorityincomefund.com
Priority Income Fund, Inc. is an externally managed, diversified, closed-end management investment company. Its investment objective is to generate current income, and as a secondary objective, long-term capital appreciation. The company invests in broad pools of senior secured, floating rate loans made to companies whose debt is rated below investment grade or, in limited circumstances, unrated with an emphasis on current income. It invests in both the primary and secondary markets.