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SAR (Saratoga Investment) Scaled Net Operating Assets : 0.87 (As of Nov. 2024)


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What is Saratoga Investment 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.

Saratoga Investment's operating assets for the quarter that ended in Nov. 2024 was $1,072.31 Mil. Saratoga Investment's operating liabilities for the quarter that ended in Nov. 2024 was $21.28 Mil. Saratoga Investment's Total Assets for the quarter that ended in Aug. 2024 was $1,214.70 Mil. Therefore, Saratoga Investment's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2024 was 0.87.

Saratoga Investment 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.

Saratoga Investment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2024 )
=(Operating Assets (A: Feb. 2024 )-Operating Liabilities (A: Feb. 2024 ))/Total Assets (A: Feb. 2023 )
=(1182.513-17.308)/1078.158
=1.08

where

Operating Assets(A: Feb. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1191.206 - 8.693
=1182.513

Operating Liabilities(A: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=820.982 - 803.674 - 0
=17.308

Saratoga Investment's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2024 )
=(Operating Assets (Q: Nov. 2024 )-Operating Liabilities (Q: Nov. 2024 ))/Total Assets (Q: Aug. 2024 )
=(1072.305-21.275)/1214.704
=0.87

where

Operating Assets(Q: Nov. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1219.92 - 147.615
=1072.305

Operating Liabilities(Q: Nov. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=845.054 - 823.779 - 0
=21.275

* 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.

Saratoga Investment Scaled Net Operating Assets Related Terms

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Saratoga Investment Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Saratoga Investment Corp (NYSE:SAR) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
535 Madison Avenue, 4th Floor, New York, NY, USA, 10022
Website
https://www.saratogainvestmentcorp.com
Saratoga Investment Corp is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The Company invests primarily in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Its objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments.
Executives
Christian L Oberbeck director, 10 percent owner, officer: CEO and Director C/O KOPPERS INC, 436 SEVENTH AVENUE, SUITE 1550, PITTSBURG PA 15219
Steven M Looney director 132 WAIKU ROAD, RIDGEWOOD NJ 07450-2322
Henri J Steenkamp officer: Chief Financial Officer SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Williams George Cabell Iii director 5422 ALBIA ROAD, BETHESDA MD 20816
Elizabeth Oberbeck 10 percent owner C/O SARATOGA INVESTMENT CORP., 535 MADISON AVENUE, NEW YORK NY 10022
Michael J Grisius director, officer: President and Director 1919 PENNSYLVANIA AVE NW, 3RD FL, WASHINGTON DC 20006
Whitman Iii Charles S director C/O GSC INVESTMENT CORP., 12 EAST 49TH STREET, SUITE 3200, NEW YORK NY 10017
Phillips Charles G Iv other: Member of 10% owner group. C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Richard A Petrocelli director, officer: CFO, Secretary and CCO 1350 6TH AVENUE, 18TH FLOOR, NEW YORK NY 10019
John P. Birkelund other: Member of 10% owner group ETHAN ALLEN DRIVE, DANBURY CT 06811
John F. Macmurray other: Member of 10% owner group C/O SARATOGA INVESTMENT ADVISORS, LLC, 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Durkin Charles P Jr other: Member of 10% owner group
Clo Partners Llc other: Member of 10% owner group 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Saratoga Investment Advisors, Llc other: Member of 10% owner group 535 MADISON AVENUE, 4TH FLOOR, NEW YORK NY 10022
Ivo Turkedjiev officer: VP Corporate Credit Group C/O GSC INVESTMENT CORP, 888 SEVENTH AVE, NEW YORK NY 10019