Main Street Capital (LTS:0JXQ) Scaled Net Operating Assets : 1.00 (As of Mar. 2024)

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What is Main Street Capital 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.

Main Street Capital's operating assets for the quarter that ended in Mar. 2024 was $4,643.8 Mil. Main Street Capital's operating liabilities for the quarter that ended in Mar. 2024 was $194.4 Mil. Main Street Capital's Total Assets for the quarter that ended in Dec. 2023 was $4,443.6 Mil. Therefore, Main Street Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 1.00.

Main Street Capital 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.

Main Street Capital'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 )
=	(4383.487	-	163.827)	/	4241.885
=	0.99

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4443.57	-	60.083
=	4383.487

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1966.171	-	1802.344	-	0
=	163.827

Main Street Capital'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 )
=	(4643.834	-	194.433)	/	4443.57
=	1.00

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4758.818	-	114.984
=	4643.834

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2242.848	-	2048.415	-	0
=	194.433

* 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.

Main Street Capital Scaled Net Operating Assets Related Terms

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Main Street Capital (LTS:0JXQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Main Street Capital Corp (LTS:0JXQ) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MAIN:USA 13M:Germany

Address

1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056

Website

https://www.mainstcapital.com

Main Street Capital Corp is an investment firm engaged in providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies. The investment portfolio of the company is typically made to support management buyouts, recapitalizations, growth financings, refinancings, and acquisitions of companies that operate in diverse industry sectors. The group invests in secured debt investments, equity investments, warrants, and other securities of the lower middle market and middle market companies based in the US. Business functioned through the U.S. region and it derives the majority of its income from the source of fees, commission, and interest.