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AFC Gamma (STU:0FG) Scaled Net Operating Assets : 0.81 (As of Mar. 2024)


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What is AFC Gamma 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.

AFC Gamma's operating assets for the quarter that ended in Mar. 2024 was €362.58 Mil. AFC Gamma's operating liabilities for the quarter that ended in Mar. 2024 was €16.21 Mil. AFC Gamma's Total Assets for the quarter that ended in Dec. 2023 was €427.86 Mil. Therefore, AFC Gamma's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.81.


AFC Gamma 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.

AFC Gamma'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 )
=(316.327-15.147)/490.103
=0.61

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=427.858 - 111.531
=316.327

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=134.371 - 80.71 - 38.514
=15.147

AFC Gamma'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 )
=(362.58-16.212)/427.858
=0.81

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=438.294 - 75.714
=362.58

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=152.522 - 81.11 - 55.2
=16.212

* 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.


AFC Gamma Scaled Net Operating Assets Related Terms

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AFC Gamma (STU:0FG) Business Description

Industry
Traded in Other Exchanges
Address
525 Okeechobee Boulevard, Suite 1650, West Palm Beach, FL, USA, 33401
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.