ESBA (Empire State Realty OP LP) Scaled Net Operating Assets : 0.86 (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Empire State Realty OP LP 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.

Empire State Realty OP LP's operating assets for the quarter that ended in Sep. 2024 was $4,015.0 Mil. Empire State Realty OP LP's operating liabilities for the quarter that ended in Sep. 2024 was $180.4 Mil. Empire State Realty OP LP's Total Assets for the quarter that ended in Jun. 2024 was $4,433.3 Mil. Therefore, Empire State Realty OP LP's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.86.

Empire State Realty OP LP Scaled Net Operating Assets Historical Data

The historical data trend for Empire State Realty OP LP'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.

Empire State Realty OP LP Scaled Net Operating Assets Chart

Empire State Realty OP LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

Get a 7-Day Free Trial

0.82

0.87

0.88

Empire State Realty OP LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.88	0.87	0.87	0.89	0.87

Competitive Comparison of Empire State Realty OP LP's Scaled Net Operating Assets

For the REIT - Office subindustry, Empire State Realty OP LP'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.

Empire State Realty OP LP's Scaled Net Operating Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty OP LP's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Empire State Realty OP LP's Scaled Net Operating Assets falls into.

Empire State Realty OP LP 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.

Empire State Realty OP LP'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 )
=	(3872.713	-	205.553)	/	4163.594
=	0.88

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4219.333	-	346.62
=	3872.713

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2488.288	-	1893.449	-	389.286
=	205.553

Empire State Realty OP LP's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(4015.041	-	180.435)	/	4433.25
=	0.86

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	4436.937	-	421.896
=	4015.041

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2679.616	-	2110.526	-	388.655
=	180.435

Empire State Realty OP LP Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Empire State Realty OP LP's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Empire State Realty OP LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empire State Realty OP LP (ARCA:ESBA) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

OGCP:USA FISK:USA

Address

111 West 33rd Street, 12th Floor, New York, NY, USA, 10120

Website

https://www.esrtreit.com

Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.