RAIT Financial Trust (RAIT Financial Trust) Scaled Net Operating Assets : 0.46 (As of Jun. 2019)

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What is RAIT Financial 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.

RAIT Financial Trust's operating assets for the quarter that ended in Jun. 2019 was $535.87 Mil. RAIT Financial Trust's operating liabilities for the quarter that ended in Jun. 2019 was $227.41 Mil. RAIT Financial Trust's Total Assets for the quarter that ended in Mar. 2019 was $673.78 Mil. Therefore, RAIT Financial Trust's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2019 was 0.46.

RAIT Financial 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.

RAIT Financial Trust'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 )
=	(691.311	-	357.35)	/	1791.833
=	0.19

where

	Operating Assets		(A: Dec. 2018 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	733.764	-	42.453
=	691.311

	Operating Liabilities		(A: Dec. 2018 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	665.258	-	307.908	-	0
=	357.35

RAIT Financial Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2019 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2019 )
=	(Operating Assets (Q: Jun. 2019 )	-	Operating Liabilities (Q: Jun. 2019 ))	/	Total Assets (Q: Mar. 2019 )
=	(535.873	-	227.412)	/	673.782
=	0.46

where

	Operating Assets		(Q: Jun. 2019 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	582.578	-	46.705
=	535.873

	Operating Liabilities		(Q: Jun. 2019 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	518.124	-	290.712	-	0
=	227.412

* 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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RAIT Financial Trust (RAIT Financial Trust) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103

Website

https://www.rait.com

RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.