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AIF (Apollo Tacticalome Fund) Scaled Net Operating Assets : 0.95 (As of Dec. 2023)


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What is Apollo Tacticalome 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.

Apollo Tacticalome Fund's operating assets for the quarter that ended in Dec. 2023 was $322.35 Mil. Apollo Tacticalome Fund's operating liabilities for the quarter that ended in Dec. 2023 was $3.64 Mil. Apollo Tacticalome Fund's Total Assets for the quarter that ended in Jun. 2023 was $336.08 Mil. Therefore, Apollo Tacticalome Fund's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.95.

Apollo Tacticalome 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.

Apollo Tacticalome Fund'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 )
=(322.345-3.644)/327.991
=0.97

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=338.162 - 15.817
=322.345

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=124.592 - 120.948 - 0
=3.644

Apollo Tacticalome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(322.345-3.644)/336.079
=0.95

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=338.162 - 15.817
=322.345

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=124.592 - 120.948 - 0
=3.644

* 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.

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Apollo Tacticalome Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Apollo Tactical Income Fund Inc. (NYSE:AIF) » Definitions » Scaled Net Operating Assets
Comparable Companies
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Traded in Other Exchanges
N/A
Address
9 West 57th Street, New York, NY, USA, 10019
Website
https://www.apollofunds.com
Apollo Tactical Income Fund Inc. is a closed-end management investment company. Its investment objective is to seek current income with a secondary objective of preservation of capital. Apollo seeks to achieve its investment objectives mainly by allocating its assets among different types of credit instruments based on absolute and relative value considerations and its analysis of the credit markets.
Executives
Barry J. Cohen director C/O APOLLO SENIOR FLOATING RATE FUND INC, 9 WEST 57TH STREET, NEW YORK NY 10019
James Vanek officer: See Remarks 9 W 57TH STREET, FLOOR 41, NEW YORK NY 10019
Ryan Delgiudice officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Kristin Hester officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
Robert L Borden director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Seifert Kenneth Lee Jr. officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Joseph A. Moroney officer: President C/O APOLLO SENIOR FLOATING RATE FUND, 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Total Return Master Fund L.p. other: See Remarks ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10057
Frank F Marra officer: Treasurer and CFO APOLLO GLOBAL MANAGEMENT, 730 FIFTH AVE, 11TH FLOOR, NEW YORK NY 10019
Joseph D Glatt officer: See Remarks C/O APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Glenn N Marchak director CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902
Todd J Slotkin director 35 EAST 62ND STREET, NEW YORK NY 10021