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CI Financial (TSX:CIX) Scaled Net Operating Assets : 0.45 (As of Mar. 2025)


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What is CI 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.

CI Financial's operating assets for the quarter that ended in Mar. 2025 was C$11,100 Mil. CI Financial's operating liabilities for the quarter that ended in Mar. 2025 was C$6,264 Mil. CI Financial's Total Assets for the quarter that ended in Dec. 2024 was C$10,765 Mil. Therefore, CI Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 0.45.


CI Financial Scaled Net Operating Assets Historical Data

The historical data trend for CI Financial'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.

CI Financial Scaled Net Operating Assets Chart

CI Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.82 0.67 0.48 0.46

CI Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.47 0.47 0.45 0.45 0.45

Competitive Comparison of CI Financial's Scaled Net Operating Assets

For the Asset Management subindustry, CI Financial'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.


CI Financial's Scaled Net Operating Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI Financial's Scaled Net Operating Assets distribution charts can be found below:

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


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CI 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.

CI Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(10560.553-5960.284)/9981.603
=0.46

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10764.758 - 204.205
=10560.553

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10354.232 - 3473.49 - 920.458
=5960.284

CI Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2025 )
=(Operating Assets (Q: Mar. 2025 )-Operating Liabilities (Q: Mar. 2025 ))/Total Assets (Q: Dec. 2024 )
=(11099.769-6264.3)/10764.758
=0.45

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11292.3 - 192.531
=11099.769

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10887.303 - 3507.479 - 1115.524
=6264.3

* 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.


CI Financial Scaled Net Operating Assets Related Terms

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CI Financial Business Description

Traded in Other Exchanges
Address
15 York Street, 2nd Floor, Legal Department, Toronto, ON, CAN, M5J 0A3
CI Financial is a provider of asset- and wealth-management products and services. The company has a decent share in the Canadian fund market (fifth behind Royal Bank of Canada, Toronto-Dominion, IGM Financial, and Fidelity at the end of last year) and remains the second-largest non-bank-affiliated asset manager in the Canadian market, with CAD 135.4 billion in assets under management (including CAD 36.0 billion in AUM managed for its CI Assante Wealth Management, CI Private Counsel, and Aligned Capital Partners subsidiaries) at the end of September. The firm also had CAD 350.7 billion in assets under advisement (including CAD 250.6 billion from its US wealth-management operations and CAD 100.1 billion from its Canadian wealth-management partners) and CAD 31.9 billion in custody assets.
Executives
Brigette Elizabeth Chang Director
Paul Perrow Director
William Thomas Holland Director
Yvette Zhang Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Hoi Sha Elsa Li Director or Senior Officer of 10% Security Holder
Jennifer Francine Sinopoli Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Manisha Burman Senior Officer
Darie Urbanky Senior Officer
Amarjit Kaur Anderson Senior Officer
Julie Lynn Silcox Senior Officer
Kurt Macalpine Director, Senior Officer
Christopher James Enright Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Sean Andrew Etherington Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Marc-andre Lewis Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Amit Muni Senior Officer