I Squared Capital calculates its net asset value per share based on approved valuation policies and procedures by the board of directors.
The Transactional Net Asset Value is adjusted for various factors including excess expenses, shareholder servicing fees, and tax liabilities of certain subsidiaries.
The company's December 1, 2025, Transactional Net Asset Value breakdown includes investments at fair value and accrued fees.
Components of Transactional Net Asset Value
Include investments at fair value, cash equivalents, foreign currencies, other assets, liabilities, and accrued fees.
Transactional Net Asset Value per Share
The company's different share classes have varying Transactional Net Asset Values per share.
Reconciliation with GAAP Net Asset Value
Adjustments include accrued shareholder servicing fees, unrealized appreciation, deferred tax liability, and seller financed assets adjustment.
- Understanding the breakdown of Transactional Net Asset Value helps investors gauge the company's financial health.
- The reconciliation with GAAP Net Asset Value provides transparency on adjustments made to the reported figures.
I Squared Capital's detailed disclosure of Transactional Net Asset Value provides insight into the company's financial position and valuation methodologies.