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Atrium Mortgage Investment (TSX:AI) Scaled Net Operating Assets : 0.76 (As of Mar. 2024)


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What is Atrium Mortgage Investment 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.

Atrium Mortgage Investment's operating assets for the quarter that ended in Mar. 2024 was C$868.28 Mil. Atrium Mortgage Investment's operating liabilities for the quarter that ended in Mar. 2024 was C$198.73 Mil. Atrium Mortgage Investment's Total Assets for the quarter that ended in Dec. 2023 was C$877.88 Mil. Therefore, Atrium Mortgage Investment's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.76.


Atrium Mortgage Investment 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.

Atrium Mortgage Investment'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 )
=(877.877-226.072)/874.78
=0.75

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=877.877 - 0
=877.877

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=395.671 - 168.61 - 0.989
=226.072

Atrium Mortgage Investment'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 )
=(868.279-198.725)/877.877
=0.76

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=868.279 - 0
=868.279

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=381.003 - 182.018 - 0.26
=198.725

* 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.


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Atrium Mortgage Investment (TSX:AI) Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 900, Toronto, ON, CAN, M5C 2T6
Atrium Mortgage Investment Corp is a mortgage investment corporation in Canada. The company is a provider of financing solutions to commercial real estate and development communities in urban centers in Ontario and Western Canada. The company generates its revenue from mortgage interest and fees and rental income.
Executives
Nancy Lockhart Director