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Pennant Park Investment (FRA:12P) Scaled Net Operating Assets : 0.93 (As of Mar. 2024)


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What is Pennant Park 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.

Pennant Park Investment's operating assets for the quarter that ended in Mar. 2024 was €1,155.36 Mil. Pennant Park Investment's operating liabilities for the quarter that ended in Mar. 2024 was €79.48 Mil. Pennant Park Investment's Total Assets for the quarter that ended in Dec. 2023 was €1,162.06 Mil. Therefore, Pennant Park Investment's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.93.

Pennant Park 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.

Pennant Park Investment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(1047.755-129.264)/1333.825
=0.69

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1084.087 - 36.332
=1047.755

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=613.538 - 484.274 - 0
=129.264

Pennant Park Investment'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 )
=(1155.355-79.48)/1162.057
=0.93

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1187.94 - 32.585
=1155.355

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=726.533 - 647.053 - 0
=79.48

* 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.

Pennant Park Investment Scaled Net Operating Assets Related Terms

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Pennant Park Investment (FRA:12P) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pennant Park Investment Corp (FRA:12P) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
PNNT:USA
Address
1691 Michigan Avenue, Miami Beach, FL, USA, 33139
Website
https://www.pennantpark.com
Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.