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ACRES Commercial Realty (STU:R9L1) Scaled Net Operating Assets : 0.93 (As of Mar. 2024)


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What is ACRES Commercial Realty 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.

ACRES Commercial Realty's operating assets for the quarter that ended in Mar. 2024 was €1,890.83 Mil. ACRES Commercial Realty's operating liabilities for the quarter that ended in Mar. 2024 was €24.61 Mil. ACRES Commercial Realty's Total Assets for the quarter that ended in Dec. 2023 was €2,013.83 Mil. Therefore, ACRES Commercial Realty's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.93.

ACRES Commercial Realty 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.

ACRES Commercial Realty'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 )
=(1937.305-26.973)/2243.559
=0.85

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2013.828 - 76.523
=1937.305

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1604.649 - 1577.676 - 0
=26.973

ACRES Commercial Realty'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 )
=(1890.832-24.609)/2013.828
=0.93

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1968.664 - 77.832
=1890.832

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1560.952 - 1536.343 - 0
=24.609

* 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.

ACRES Commercial Realty Scaled Net Operating Assets Related Terms

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ACRES Commercial Realty (STU:R9L1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ACRES Commercial Realty Corp (STU:R9L1) » Definitions » Scaled Net Operating Assets
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CHMI AJX LFT LOAN SACH GPMT SEVN MITT NREF REFI NLY AGNC STWD RITM BXMT ABR ARI LADR RC TWO
Traded in Other Exchanges
ACRpC.PFD:USA ACR:USA R9L:Germany
Address
390 RXR Plaza, Uniondale, New York, NY, USA, 11556
Website
https://www.acresreit.com
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on real-estate-related assets and, to a lesser extent, commercial finance assets. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralize debt obligations, and private equity investments mainly issued by financial institutions.