Terra Firma Capital (TSXV:TII) Scaled Net Operating Assets : 0.69 (As of Jun. 2023)

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What is Terra Firma Capital 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.

Terra Firma Capital's operating assets for the quarter that ended in Jun. 2023 was C$142.84 Mil. Terra Firma Capital's operating liabilities for the quarter that ended in Jun. 2023 was C$8.82 Mil. Terra Firma Capital's Total Assets for the quarter that ended in Mar. 2023 was C$193.42 Mil. Therefore, Terra Firma Capital's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.69.

Terra Firma Capital 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.

Terra Firma Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(183.073	-	13.437)	/	178.312
=	0.95

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	205.673	-	22.6
=	183.073

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	145.702	-	132.333	-	-0.068
=	13.437

Terra Firma Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(142.842	-	8.818)	/	193.423
=	0.69

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	176.373	-	33.531
=	142.842

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	117.548	-	108.73	-	0
=	8.818

* 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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Terra Firma Capital (TSXV:TII) Business Description

Industry

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Traded in Other Exchanges

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Address

22 Saint Clair Avenue East, Weston Centre, Suite 200, Toronto, ON, CAN, M4T 2S5

Website

https://www.tfcc.ca

Terra Firma Capital Corp is a real estate finance company that provides real estate financings secured by investment properties and real estate developments throughout Canada and the U.S. These financings are made to real estate developers and owners who require shorter-term loans to bridge a transitional period of one to five years where it requires capital at various stages of development or redevelopment properties, for such development or redevelopment, properties repairs or the purchase of investment properties.