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Franklin BSP Lending (Franklin BSP Lending) Scaled Net Operating Assets : 0.92 (As of Sep. 2023)


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What is Franklin BSP Lending 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.

Franklin BSP Lending's operating assets for the quarter that ended in Sep. 2023 was $2,888.9 Mil. Franklin BSP Lending's operating liabilities for the quarter that ended in Sep. 2023 was $103.8 Mil. Franklin BSP Lending's Total Assets for the quarter that ended in Jun. 2023 was $3,021.6 Mil. Therefore, Franklin BSP Lending's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.92.

Franklin BSP Lending 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.

Franklin BSP Lending's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(2925.026-90.234)/2895.221
=0.98

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2979.878 - 54.852
=2925.026

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1314.421 - 1224.187 - 0
=90.234

Franklin BSP Lending's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(2888.885-103.779)/3021.581
=0.92

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2958.863 - 69.978
=2888.885

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1266.099 - 1162.32 - 0
=103.779

* 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.

Franklin BSP Lending Scaled Net Operating Assets Related Terms

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Franklin BSP Lending (Franklin BSP Lending) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Franklin BSP Lending Corp (OTCPK:BDVC) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
9 West 57th Street, Suite 4920, 49th Floor, New York, NY, USA, 10019
Website
https://www.benefitstreetpartners.com
Franklin BSP Lending Corp is an externally managed, non-diversified closed-end management investment company. The company has elected to be regulated as a business development company. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle-market companies. It also purchases interests in loans or corporate bonds through secondary market transactions.
Executives
Michael Frick officer: Secretary 9 WEST 57TH STREET, 49TH FLOOR, SUITE 4920, NEW YORK NY 10019
Nina Kang Baryski officer: CFO & Treasurer 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Dennis M Schaney director MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, FLOOR 6, NEW YORK NY 10036
Lee S Hillman director 222 S RIVERSIDE PLAZE STE 2800, CHICAGO IL 60606
Ronald J Kramer director 712 FIFTH AVENUE, NEW YORK NY 10019
Richard J Byrne director, officer: See Remarks 350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Leeor P. Avigdor officer: Corporate Secretary C/O 9 WEST 57TH ST., SUITE 4920, NEW YORK NY 10019
Weil Edward M Jr. director C/O AMERICAN REALTY CAPITAL 405 PARK AVE, NEW YORK NY 10022
Pankovcin Corinne officer: CFO, Secretary and Treasurer BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
James A. Fisher officer: President, COO C/O BUSINESS DEVELOPMENT CORP OF AMERICA, 405 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
Nicholas Radesca officer: CFO and Treasurer C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Robert Grunewald officer: Chief Investment Officer 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Bdca Adviser, Llc 10 percent owner 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Brian S Block officer: CFO and Treasurer C/O AMERICAN FINANCIAL REALTY TRUST, 1725 THE FALWAY, JENKINTOWN PA 19048