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CION Invt (CION Invt) Scaled Net Operating Assets : 0.94 (As of Mar. 2024)


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What is CION Invt 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.

CION Invt's operating assets for the quarter that ended in Mar. 2024 was $1,919.8 Mil. CION Invt's operating liabilities for the quarter that ended in Mar. 2024 was $44.8 Mil. CION Invt's Total Assets for the quarter that ended in Dec. 2023 was $2,001.7 Mil. Therefore, CION Invt's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.94.

CION Invt 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.

CION Invt's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1993.309-40.46)/1872.411
=1.04

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2001.724 - 8.415
=1993.309

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1122.161 - 1081.701 - 0
=40.46

CION Invt's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1919.792-44.759)/2001.724
=0.94

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1968.274 - 48.482
=1919.792

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1105.215 - 1060.456 - 0
=44.759

* 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.

CION Invt Scaled Net Operating Assets Related Terms

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CION Invt (CION Invt) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CION Invt Corp (NYSE:CION) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
D21:Germany
Address
100 Park Avenue, 25th Floor, New York, NY, USA, 10016
Website
https://www.cioninvestments.com
CION Invt Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company's portfolio is comprised of investments in senior secured debt, including first lien loans, second lien loans and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly-traded U.S. middle-market companies.
Executives
Peter I. Finlay director C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Michael A Reisner director, officer: Co-Chairman & Co-CEO C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Gregg A. Bresner officer: President & CIO C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Catherine Choi director 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Aron I Schwartz director C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Robert A Breakstone director C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Eric A. Pinero officer: Chief Legal Officer 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Keith S Franz officer: CFO & Treasurer C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Mark Gatto director, officer: Co-Chairman & Co-CEO C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Stephen Roman officer: CCO & Secretary C/O CION INVESTMENT CORP., 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Edward J. Estrada director 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
Joseph D Glatt director C/O APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Earl Hedin director C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FLOOR, NEW YORK NY 10016
David J Verlizzo officer: SEE REMARKS C/O CION INVESTMENT CORP, 3 PARK AVENUE, 36TH FL, NEW YORK NY 10016
Apollo Principal Holdings Iii Gp Ltd 10 percent owner C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005