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MITTPB.PFD (AG Mortgage Investment Trust) Scaled Net Operating Assets : 0.96 (As of Sep. 2024)


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What is AG Mortgage Investment Trust 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.

AG Mortgage Investment Trust's operating assets for the quarter that ended in Sep. 2024 was $6,857.54 Mil. AG Mortgage Investment Trust's operating liabilities for the quarter that ended in Sep. 2024 was $37.39 Mil. AG Mortgage Investment Trust's Total Assets for the quarter that ended in Jun. 2024 was $7,100.10 Mil. Therefore, AG Mortgage Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.96.

AG Mortgage Investment Trust 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.

AG Mortgage Investment Trust'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 )
=(6014.894-33.579000000001)/4369.778
=1.37

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6126.428 - 111.534
=6014.894

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5598.06 - 5564.481 - 0
=33.579000000001

AG Mortgage Investment Trust'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 )
=(6857.543-37.391)/7100.101
=0.96

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6960.075 - 102.532
=6857.543

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6419.99 - 6382.599 - 0
=37.391

* 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.

AG Mortgage Investment Trust Scaled Net Operating Assets Related Terms

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AG Mortgage Investment Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AG Mortgage Investment Trust Inc (NYSE:MITTpB.PFD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
MITTpC.PFD:USA MITTpA.PFD:USA MITT:USA 8AGA:Germany
Address
245 Park Avenue, 26th Floor, New York, NY, USA, 10167
Website
https://www.agmit.com
AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. Its objective is to provide attractive risk-adjusted returns to its stockholders over the long-term through dividends and capital appreciation. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government sponsored enterprise.