Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Scaled Net Operating Assets : 0.99 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Morgan Stanley Direct Lending 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.

Morgan Stanley Direct Lending Fund's operating assets for the quarter that ended in Mar. 2024 was $3,336.6 Mil. Morgan Stanley Direct Lending Fund's operating liabilities for the quarter that ended in Mar. 2024 was $77.7 Mil. Morgan Stanley Direct Lending Fund's Total Assets for the quarter that ended in Dec. 2023 was $3,306.7 Mil. Therefore, Morgan Stanley Direct Lending Fund's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.99.

Morgan Stanley Direct Lending 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.

Morgan Stanley Direct Lending 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 )
=	(3237.029	-	89.551)	/	2986.122
=	1.05

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3306.734	-	69.705
=	3237.029

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1585.583	-	1496.032	-	0
=	89.551

Morgan Stanley Direct Lending Fund'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 )
=	(3336.585	-	77.659)	/	3306.734
=	0.99

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3401.347	-	64.762
=	3336.585

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1564.32	-	1486.661	-	0
=	77.659

* 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.

Morgan Stanley Direct Lending Fund Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Morgan Stanley Direct Lending Fund's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Morgan Stanley Direct Lending Fund (Morgan Stanley Direct Lending Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morgan Stanley Direct Lending Fund (NYSE:MSDL) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Morgan Stanley Direct Lending Fund is a fund whose investment objective is to achieve attractive risk-adjusted returns via current income and, to a lesser extent, capital appreciation by investing primarily in directly originated senior secured term loans issued by U.S. middle-market companies backed by private equity sponsors. They invest primarily in directly originated senior secured term loans including first lien senior secured term loans including unitranche loans and second lien senior secured term loans, with the balance of our investments expected to be in higher-yielding assets such as mezzanine debt, unsecured debt, equity investments and other opportunistic asset purchases.