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PMREF (Primaris REIT) Scaled Net Operating Assets : 0.93 (As of Mar. 2025)


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What is Primaris REIT 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.

Primaris REIT's operating assets for the quarter that ended in Mar. 2025 was $3,160.1 Mil. Primaris REIT's operating liabilities for the quarter that ended in Mar. 2025 was $374.3 Mil. Primaris REIT's Total Assets for the quarter that ended in Dec. 2024 was $2,995.3 Mil. Therefore, Primaris REIT's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 0.93.


Primaris REIT Scaled Net Operating Assets Historical Data

The historical data trend for Primaris REIT'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.

Primaris REIT Scaled Net Operating Assets Chart

Primaris REIT Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 1.46 0.90 1.12 0.91

Primaris REIT Quarterly Data
Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.90 0.91 0.86 0.93

Competitive Comparison of Primaris REIT's Scaled Net Operating Assets

For the REIT - Retail subindustry, Primaris REIT'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.


Primaris REIT's Scaled Net Operating Assets Distribution in the REITs Industry

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

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


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Primaris REIT 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.

Primaris REIT's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(2914.76-277.678)/2906.704
=0.91

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2995.32 - 80.56
=2914.76

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1478.545 - 1176.3 - 24.567
=277.678

Primaris REIT's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2025 )
=(Operating Assets (Q: Mar. 2025 )-Operating Liabilities (Q: Mar. 2025 ))/Total Assets (Q: Dec. 2024 )
=(3160.112-374.287)/2995.32
=0.93

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3201.532 - 41.42
=3160.112

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1672.104 - 1213.532 - 84.285
=374.287

* 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.


Primaris REIT Scaled Net Operating Assets Related Terms

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Primaris REIT Business Description

Industry
Traded in Other Exchanges
Address
181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes; Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.