GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Westfield Corp (OTCPK:WEFIF) » Definitions » Scaled Net Operating Assets

Westfield (Westfield) Scaled Net Operating Assets : 0.89 (As of Dec. 2017)


View and export this data going back to 2009. Start your Free Trial

What is Westfield 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.

Westfield's operating assets for the quarter that ended in Dec. 2017 was $20,341.4 Mil. Westfield's operating liabilities for the quarter that ended in Dec. 2017 was $2,827.4 Mil. Westfield's Total Assets for the quarter that ended in Jun. 2017 was $19,738.7 Mil. Therefore, Westfield's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2017 was 0.89.


Westfield Scaled Net Operating Assets Historical Data

The historical data trend for Westfield'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.

Westfield Scaled Net Operating Assets Chart

Westfield Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.41 0.76 0.91 0.92

Westfield Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 0.77 0.80 0.92 0.86 0.89

Competitive Comparison of Westfield's Scaled Net Operating Assets

For the REIT - Retail subindustry, Westfield'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.


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

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

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



Westfield 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.

Westfield's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2017 )
=(Operating Assets (A: Dec. 2017 )-Operating Liabilities (A: Dec. 2017 ))/Total Assets (A: Dec. 2016 )
=(20341.391-2827.374)/19054.759
=0.92

where

Operating Assets(A: Dec. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20832.648 - 491.257
=20341.391

Operating Liabilities(A: Dec. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10169.47 - 7336.117 - 5.979
=2827.374

Westfield's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2017 )
=(Operating Assets (Q: Dec. 2017 )-Operating Liabilities (Q: Dec. 2017 ))/Total Assets (Q: Jun. 2017 )
=(20341.391-2827.374)/19738.664
=0.89

where

Operating Assets(Q: Dec. 2017 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=20832.648 - 491.257
=20341.391

Operating Liabilities(Q: Dec. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10169.47 - 7336.117 - 5.979
=2827.374

* 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.


Westfield Scaled Net Operating Assets Related Terms

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


Westfield (Westfield) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.

Westfield (Westfield) Headlines

From GuruFocus

Westfield Is Amongst the Best Mall Stocks in the World

By Holmes Osborne, CFA Holmes Osborne, CFA 09-28-2016