GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Timbercreek Financial Corp (TSX:TF) » Definitions » Scaled Net Operating Assets

Timbercreek Financial (TSX:TF) Scaled Net Operating Assets : 0.63 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Timbercreek Financial 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.

Timbercreek Financial's operating assets for the quarter that ended in Mar. 2024 was C$1,713.2 Mil. Timbercreek Financial's operating liabilities for the quarter that ended in Mar. 2024 was C$586.1 Mil. Timbercreek Financial's Total Assets for the quarter that ended in Dec. 2023 was C$1,786.0 Mil. Therefore, Timbercreek Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.63.


Timbercreek Financial Scaled Net Operating Assets Historical Data

The historical data trend for Timbercreek Financial's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

Timbercreek Financial Scaled Net Operating Assets Chart

Timbercreek Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.70 0.74 0.74 0.57

Timbercreek Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.65 0.68 0.58 0.63

Competitive Comparison of Timbercreek Financial's Scaled Net Operating Assets

For the Mortgage Finance subindustry, Timbercreek Financial's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Timbercreek Financial's Scaled Net Operating Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Timbercreek Financial's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Timbercreek Financial's Scaled Net Operating Assets falls into.



Timbercreek Financial 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.

Timbercreek Financial'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 )
=(1781.155-682.24)/1916.039
=0.57

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1785.957 - 4.802
=1781.155

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1084.818 - 142.874 - 259.704
=682.24

Timbercreek Financial'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 )
=(1713.236-586.083)/1785.957
=0.63

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1719.117 - 5.881
=1713.236

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1022.702 - 143.083 - 293.536
=586.083

* 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.


Timbercreek Financial Scaled Net Operating Assets Related Terms

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


Timbercreek Financial (TSX:TF) Business Description

Traded in Other Exchanges
Address
25 Price Street, Toronto, ON, CAN, M4W 1Z1
Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans primarily secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. The company's strategy is to preserve investor capital by lending mainly against income producing real estate, mitigate concentration risk by diversifying geographically by asset type and borrower and ensure loan to value ratios.
Executives
Robert Blair Tamblyn Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Timbercreek Financial (TSX:TF) Headlines

No Headlines