HomeFed (HomeFed) Scaled Net Operating Assets : 0.81 (As of Mar. 2019)

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

What is HomeFed 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.

HomeFed's operating assets for the quarter that ended in Mar. 2019 was $529.4 Mil. HomeFed's operating liabilities for the quarter that ended in Mar. 2019 was $49.4 Mil. HomeFed's Total Assets for the quarter that ended in Dec. 2018 was $594.0 Mil. Therefore, HomeFed's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2019 was 0.81.

HomeFed 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.

HomeFed's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2018 )
=	(Operating Assets (A: Dec. 2018 )	-	Operating Liabilities (A: Dec. 2018 ))	/	Total Assets (A: Dec. 2017 )
=	(530.955	-	46.277)	/	607.947
=	0.80

where

	Operating Assets		(A: Dec. 2018 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	594.008	-	63.053
=	530.955

	Operating Liabilities		(A: Dec. 2018 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	135.05	-	88.773	-	0
=	46.277

HomeFed's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2019 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2019 )
=	(Operating Assets (Q: Mar. 2019 )	-	Operating Liabilities (Q: Mar. 2019 ))	/	Total Assets (Q: Dec. 2018 )
=	(529.432	-	49.364)	/	594.008
=	0.81

where

	Operating Assets		(Q: Mar. 2019 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	609.677	-	80.245
=	529.432

	Operating Liabilities		(Q: Mar. 2019 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	154.651	-	105.287	-	0
=	49.364

* 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.

HomeFed Scaled Net Operating Assets Related Terms

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

HomeFed (HomeFed) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HomeFed Corp (OTCPK:HOFD) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

1903 Wright Place, Suite 220, Carlsbad, CA, USA, 92008

Website

http://www.homefedcorporation.com

HomeFed Corp is a real estate development company. The company segmented its operating activities into three reportable segments, Real Estate, Farming, and Corporate. The Real Estate operations consist of a variety of residential and commercial land development projects and other unimproved lands, and retail and office operating properties. Real Estate also includes equity method investments in BRP Holding and BRP Hotel. Farming operations consist of the Rampage property, a project with which it is conducting farming activities during the lengthy entitlement and development process. Corporate primarily consists of interest income and overhead expenses. Its property portfolio consists of master planned communities, income properties, and land holdings.

Executives

Brian P Friedman	director
Jefferies Financial Group Inc.	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022
Joseph S Steinberg	director	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Patrick D Bienvenue	director	1903 WRIGHT PLACE STE 220, CARLSBAD CA 92008
Ian M. Cumming	director	PO BOX 4902, JACKSON WY 83001