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Apollo Commercial Real Estate Finance (Apollo Commercial Real Estate Finance) Scaled Net Operating Assets : 0.96 (As of Mar. 2024)


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What is Apollo Commercial Real Estate Finance 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.

Apollo Commercial Real Estate Finance's operating assets for the quarter that ended in Mar. 2024 was $9,063.80 Mil. Apollo Commercial Real Estate Finance's operating liabilities for the quarter that ended in Mar. 2024 was $164.97 Mil. Apollo Commercial Real Estate Finance's Total Assets for the quarter that ended in Dec. 2023 was $9,296.73 Mil. Therefore, Apollo Commercial Real Estate Finance's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.96.


Apollo Commercial Real Estate Finance 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.

Apollo Commercial Real Estate Finance'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 )
=(9071.292-133.172)/9568.352
=0.93

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9296.73 - 225.438
=9071.292

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7087.997 - 1403.016 - 5551.809
=133.172

Apollo Commercial Real Estate Finance'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 )
=(9063.802-164.965)/9296.73
=0.96

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9224.992 - 161.19
=9063.802

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7177.557 - 1402.101 - 5610.491
=164.965

* 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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Apollo Commercial Real Estate Finance (Apollo Commercial Real Estate Finance) Business Description

Traded in Other Exchanges
Address
c/o Apollo Global Management, Inc, 9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.