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Centerspace (Centerspace) Scaled Net Operating Assets : 0.95 (As of Mar. 2024)


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What is Centerspace 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.

Centerspace's operating assets for the quarter that ended in Mar. 2024 was $1,890.8 Mil. Centerspace's operating liabilities for the quarter that ended in Mar. 2024 was $54.6 Mil. Centerspace's Total Assets for the quarter that ended in Dec. 2023 was $1,926.4 Mil. Therefore, Centerspace's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.95.


Centerspace Scaled Net Operating Assets Historical Data

The historical data trend for Centerspace'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.

Centerspace Scaled Net Operating Assets Chart

Centerspace Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.01 1.26 1.01 0.91

Centerspace 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 0.94 0.94 0.93 0.99 0.95

Competitive Comparison of Centerspace's Scaled Net Operating Assets

For the REIT - Residential subindustry, Centerspace'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.


Centerspace's Scaled Net Operating Assets Distribution in the REITs Industry

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

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



Centerspace 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.

Centerspace'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 )
=(1917.731-62.754)/2033.301
=0.91

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1926.361 - 8.63
=1917.731

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=978.776 - 886.022 - 30
=62.754

Centerspace'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 )
=(1890.791-54.614)/1926.361
=0.95

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1903.473 - 12.682
=1890.791

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=979.828 - 884.857 - 40.357
=54.614

* 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.


Centerspace Scaled Net Operating Assets Related Terms

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Centerspace (Centerspace) Business Description

Industry
Traded in Other Exchanges
Address
3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.
Executives
Decker Mark Okey Jr director, officer: President, CEO and CIO 10414 NEW ASCOT DRIVE, GREAT FALLS VA 22066
John A Schissel director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Mary J Twinem director 5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416
Emily Nagle Green director CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Rodney Jones-tyson director C/O 3100 10TH STREET SW, POST OFFICE BOX 1988, MINOT ND 58702-1988
Michael T Dance director C/O INVESTORS REAL ESTATE TRUST, 1400 31ST AVE. NW,, MINOT ND 58702
Bhairav Patel officer: SVP, Finance 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John Kirchmann officer: EVP and CFO 800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Anne Olson officer: COO, Gen Counsel and Secretary 800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Jeffrey Caira director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Linda J. Hall director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Nancy B Andersen officer: SVP& Principal Accting Officer 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Timothy P Mihalick director, officer: President and CEO 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Jeffrey L Miller director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Terrance P Maxwell director 1400 31ST AVE SW, SUITE 60, MINOT ND 58701