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Big 8 Split (TSX:BIG.PR.D.PFD) Scaled Net Operating Assets : 0.63 (As of Jun. 2018)


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What is Big 8 Split 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.

Big 8 Split's operating assets for the quarter that ended in Jun. 2018 was C$25.12 Mil. Big 8 Split's operating liabilities for the quarter that ended in Jun. 2018 was C$8.95 Mil. Big 8 Split's Total Assets for the quarter that ended in Dec. 2017 was C$25.71 Mil. Therefore, Big 8 Split's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2018 was 0.63.


Big 8 Split 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.

Big 8 Split'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 )
=(25.443-9.049)/28.579
=0.57

where

Operating Assets(A: Dec. 2017 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=25.709 - 0.266
=25.443

Operating Liabilities(A: Dec. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9.049 - 0 - 0
=9.049

Big 8 Split's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2018 )
=(Operating Assets (Q: Jun. 2018 )-Operating Liabilities (Q: Jun. 2018 ))/Total Assets (Q: Dec. 2017 )
=(25.124-8.948)/25.709
=0.63

where

Operating Assets(Q: Jun. 2018 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=25.277 - 0.153
=25.124

Operating Liabilities(Q: Jun. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8.948 - 0 - 0
=8.948

* 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.


Big 8 Split Scaled Net Operating Assets Related Terms

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Big 8 Split (TSX:BIG.PR.D.PFD) Business Description

Traded in Other Exchanges
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Address
Big 8 Split Inc is a Canada based closed-end investment fund company. Its principal business is to invest in private equity, private debt, and public securities. In private equity investment, the company directly invests in real estate. The group also makes direct investments in mortgages and other debt secured by real estate in private debt investments. Public securities investments include investments in public listed companies that own investment-grade real estate. In addition, the company also offers integrated solutions by combining the three investment strategies into one balanced vehicle for specific investment mandates. Timbercreek Asset Management is the investment fund manager of the company.