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Nexus Industrial REIT (TSX:NXR.UN) Scaled Net Operating Assets : 0.92 (As of Dec. 2023)


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What is Nexus Industrial REIT 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.

Nexus Industrial REIT's operating assets for the quarter that ended in Dec. 2023 was C$2,457.1 Mil. Nexus Industrial REIT's operating liabilities for the quarter that ended in Dec. 2023 was C$274.1 Mil. Nexus Industrial REIT's Total Assets for the quarter that ended in Sep. 2023 was C$2,380.4 Mil. Therefore, Nexus Industrial REIT's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.92.


Nexus Industrial REIT Scaled Net Operating Assets Historical Data

The historical data trend for Nexus Industrial REIT'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.

Nexus Industrial REIT Scaled Net Operating Assets Chart

Nexus Industrial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.02 1.81 1.02 1.11

Nexus Industrial REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.87 0.92 0.96 0.95 0.92

Competitive Comparison of Nexus Industrial REIT's Scaled Net Operating Assets

For the REIT - Industrial subindustry, Nexus Industrial REIT'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.


Nexus Industrial REIT's Scaled Net Operating Assets Distribution in the REITs Industry

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

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



Nexus Industrial REIT 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.

Nexus Industrial REIT'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 )
=(2457.149-274.111)/1967.501
=1.11

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2463.067 - 5.918
=2457.149

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1462.738 - 1066.074 - 122.553
=274.111

Nexus Industrial REIT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(2457.149-274.111)/2380.435
=0.92

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2463.067 - 5.918
=2457.149

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1462.738 - 1066.074 - 122.553
=274.111

* 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.


Nexus Industrial REIT Scaled Net Operating Assets Related Terms

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Nexus Industrial REIT (TSX:NXR.UN) Business Description

Traded in Other Exchanges
Address
211-1540 Cornwall Road, Oakville, ON, CAN, L6J7W5
Nexus Industrial REIT is a Canada-based growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership, and management of industrial, office, and retail properties.

Nexus Industrial REIT (TSX:NXR.UN) Headlines

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