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MFA Financial (MFA Financial) Scaled Net Operating Assets : 0.62 (As of Mar. 2024)


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What is MFA 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.

MFA Financial's operating assets for the quarter that ended in Mar. 2024 was $10,567.86 Mil. MFA Financial's operating liabilities for the quarter that ended in Mar. 2024 was $3,872.37 Mil. MFA Financial's Total Assets for the quarter that ended in Dec. 2023 was $10,772.69 Mil. Therefore, MFA Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.62.

MFA 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.

MFA 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 )
=(10454.69-3869.405)/9112.405
=0.72

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10772.69 - 318
=10454.69

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8872.775 - 5003.37 - 0
=3869.405

MFA 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 )
=(10567.864-3872.366)/10772.69
=0.62

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10874.13 - 306.266
=10567.864

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8989.943 - 5117.577 - 0
=3872.366

* 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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MFA Financial (MFA Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MFA Financial Inc (NYSE:MFApB.PFD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
MFApC.PFD:USA MFA:USA M4ZA:Germany
Address
One Vanderbilt Avenue, 48th Floor, New York, NY, USA, 10017
Website
https://www.mfafinancial.com
MFA Financial Inc is a specialty finance company that invests in and finances residential mortgage assets. Its principal business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The company selectively invests in residential mortgage assets with a focus on credit analysis, projected prepayment rates, interest rate sensitivity and expected return. The company is an internally managed real estate investment trust or REIT.