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Fairvest (JSE:FTA) Scaled Net Operating Assets : 0.93 (As of Mar. 2024)


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What is Fairvest 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.

Fairvest's operating assets for the quarter that ended in Mar. 2024 was R12,371 Mil. Fairvest's operating liabilities for the quarter that ended in Mar. 2024 was R643 Mil. Fairvest's Total Assets for the quarter that ended in Sep. 2023 was R12,634 Mil. Therefore, Fairvest's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.93.


Fairvest Scaled Net Operating Assets Historical Data

The historical data trend for Fairvest'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.

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Fairvest Scaled Net Operating Assets Chart

Fairvest Annual Data
Trend Jun21 Sep23
Scaled Net Operating Assets
0.92 3.11

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23 Mar24
Scaled Net Operating Assets 0.92 3.36 0.79 0.93

Competitive Comparison of Fairvest's Scaled Net Operating Assets

For the REIT - Retail subindustry, Fairvest'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.


Fairvest's Scaled Net Operating Assets Distribution in the REITs Industry

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

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



Fairvest 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.

Fairvest's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Jun. 2021 )
=(12527.723-643.611)/3822.849
=3.11

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12634.486 - 106.763
=12527.723

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4888.184 - 3812.024 - 432.549
=643.611

Fairvest'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: Sep. 2023 )
=(12370.608-643.208)/12634.486
=0.93

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12487.37 - 116.762
=12370.608

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4746.777 - 3273.063 - 830.506
=643.208

* 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.


Fairvest Scaled Net Operating Assets Related Terms

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Fairvest (JSE:FTA) Business Description

Industry
Traded in Other Exchanges
Address
34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001
Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

Fairvest (JSE:FTA) Headlines