GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gaming and Leisure Properties Inc (NAS:GLPI) » Definitions » Scaled Net Operating Assets

Gaming and Leisure Properties (Gaming and Leisure Properties) Scaled Net Operating Assets : 0.92 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Gaming and Leisure Properties 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.

Gaming and Leisure Properties's operating assets for the quarter that ended in Mar. 2024 was $11,229 Mil. Gaming and Leisure Properties's operating liabilities for the quarter that ended in Mar. 2024 was $405 Mil. Gaming and Leisure Properties's Total Assets for the quarter that ended in Dec. 2023 was $11,807 Mil. Therefore, Gaming and Leisure Properties's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.92.


Gaming and Leisure Properties Scaled Net Operating Assets Historical Data

The historical data trend for Gaming and Leisure Properties'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.

Gaming and Leisure Properties Scaled Net Operating Assets Chart

Gaming and Leisure Properties 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 0.93 0.96 1.05 0.96 0.98

Gaming and Leisure Properties 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 0.98 0.95 0.97 0.95 0.92

Competitive Comparison of Gaming and Leisure Properties's Scaled Net Operating Assets

For the REIT - Specialty subindustry, Gaming and Leisure Properties'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.


Gaming and Leisure Properties's Scaled Net Operating Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Gaming and Leisure Properties's Scaled Net Operating Assets falls into.



Gaming and Leisure Properties 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.

Gaming and Leisure Properties'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 )
=(11122.675-419.04)/10930.386
=0.98

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11806.658 - 683.983
=11122.675

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7297.704 - 6878.664 - 0
=419.04

Gaming and Leisure Properties'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 )
=(11229.244-405.134)/11806.658
=0.92

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11784.021 - 554.777
=11229.244

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7286.204 - 6881.07 - 0
=405.134

* 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.


Gaming and Leisure Properties Scaled Net Operating Assets Related Terms

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


Gaming and Leisure Properties (Gaming and Leisure Properties) Business Description

Traded in Other Exchanges
Address
845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust primarily involved in the leasing of gaming and related facilities to wholly-owned subsidiaries of Penn National Gaming, or Penn, throughout the U.S. GLP segments its operations into GLP Capital and TRS Properties divisions. The company derives the vast majority of its revenue from its GLP Capital unit in the form of rental income from dockside and land-based casinos located mostly in the American Midwest. Almost all of GLP Capital's leases are long-term agreements that give Penn the option for future extensions. Gaming revenue generated by TRS Properties, which encompasses the operations of Hollywood Casino Perryville and Hollywood Casino Baton Rouge, also represents a significant income stream for GLP.
Executives
Steven Ladany officer: SVP Chief Development Officer 845 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610
Brandon John Moore officer: SVP & General Counsel 845 BERKSHIRE BLVD., SUITE 200, WYOMISSING PA 19610
Matthew Demchyk officer: SVP, Investments 845 BERKSHIRE BOULEVARD, WYOMISSING PA 19610
Desiree A. Burke officer: Chief Accounting Officer 845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610
Barry F Schwartz director 35 EAST 62ND ST, NEW YORK NY 10021
E Scott Urdang director 845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610
Joanne A. Epps director, Director C/O PENN, REAL ESTATE INVESTMENT TRUST, THE BELLEVUE, 200 S. BROAD STREET, PHILADELPHIA PA 19102
Earl C Shanks director CONVERGYS CORPORATION, 201 EAST FOURTH STREET, CINCINNATI OH 45202
Peter M Carlino director, officer: CEO & President 845 BERKSHIRE BLVD, SUITE 200, WYOMISSING PA 19610
Carol Lynton director C/O EL POLLO HOLDINGS, INC., 3535 HARBOR BOULEVARD, SUITE 100, COSTA MESA CA 92626
Marshall Joseph W Iii director 500 OFFICE CENTER DRIVE, SUITE 400, FT. WASHINGTON PA 19034
David A Handler director 845 BERKSHIRE BLVD, SUITE 200, WYOMISSING PA 19610
William J Clifford officer: CFO, Sec. & Treas. 845 BERKSHIRE BLVD. SUITE 200, WYOMISSING PA 19610
James Perry director
Steven T. Snyder officer: SR VP-Corp Development 845 BERKSHIRE BOULEVARD, SUITE 200, WYOMISSING PA 19610