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FS Credit Opp (FS Credit Opp) Total Assets : $2,086.6 Mil (As of Dec. 2023)


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What is FS Credit Opp Total Assets?

FS Credit Opp's Total Assets for the quarter that ended in Dec. 2023 was $2,086.6 Mil.

During the past 12 months, FS Credit Opp's average Total Assets Growth Rate was 2.90% per year.

Total Assets is connected with ROA %. FS Credit Opp's annualized ROA % for the quarter that ended in Dec. 2023 was 10.95%. Total Assets is also linked to Revenue through Asset Turnover. FS Credit Opp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.


FS Credit Opp Total Assets Historical Data

The historical data trend for FS Credit Opp's Total Assets can be seen below:

* 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.

* Premium members only.

FS Credit Opp Total Assets Chart

FS Credit Opp Annual Data
Trend Dec22 Dec23
Total Assets
2,014.34 2,086.59

FS Credit Opp Semi-Annual Data
Dec22 Jun23 Dec23
Total Assets 2,014.34 2,118.19 2,086.59

FS Credit Opp Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

FS Credit Opp's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1372.551+714.037
=2,086.6

FS Credit Opp's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=1372.551+714.037
=2,086.6

* 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.


FS Credit Opp  (NYSE:FSCO) Total Assets Explanation

Total Assets is connected with ROA %.

FS Credit Opp's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=230.296/( (2118.187+2086.588)/ 2 )
=230.296/2102.3875
=10.95 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

FS Credit Opp's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=127.8/( (2118.187+2086.588)/ 2 )
=127.8/2102.3875
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

FS Credit Opp Total Assets Related Terms

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FS Credit Opp (FS Credit Opp) Business Description

Traded in Other Exchanges
N/A
Address
201 Rouse Boulevard, Philadelphia, PA, USA, 19112
FS Credit Opp Corp. is a closed-end management investment company. The Fund's primary investment objective is to generate an attractive total return consisting of a high level of current income and capital appreciation, with a secondary objective of capital preservation. The Fund seeks to achieve its investment objectives by focusing on strategies such as Opportunistic Credit (including event-driven and market price inefficiencies), Special Situations, and Capital Structure Solutions.
Executives
Hughes Philip E Jr director 3936 NETHERFIELD ROAD, PHILADELPHIA PA 19129
Della Clark director 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Fsh Seed Capital Vehicle I Llc other: Investment Adviser Affiliate 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Franklin Square Holdings, L.p. other: Investment Adviser Affiliate 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
David J. Adelman other: Investment Adviser Affiliate CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Michael C. Forman director, officer: Chief Executive Officer CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Nix Robert N.c. Iii director C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Keith Bethel director C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Gallivan Edward T Jr officer: Chief Financial Officer C/O FS ENERGY AND POWER FUND, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Hans Nicholas Heilbut other: Investment Committee Member C/O FS INVESTMENTS, 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Michael John Kelly other: Investment Committee Member 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
David Weiser other: Investment Committee Member 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Andrew Beckman other: Investment Committee Member C/O FS INVESTMENTS, 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Sean K Coleman other: Investment Committee Member C/O FRANKLIN SQUARE CAPITAL PARTNERS, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104