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Lument Finance Trust (STU:70X) Scaled Net Operating Assets : 0.90 (As of Sep. 2024)


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What is Lument Finance 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.

Lument Finance Trust's operating assets for the quarter that ended in Sep. 2024 was €1,090.58 Mil. Lument Finance Trust's operating liabilities for the quarter that ended in Sep. 2024 was €9.33 Mil. Lument Finance Trust's Total Assets for the quarter that ended in Jun. 2024 was €1,204.88 Mil. Therefore, Lument Finance Trust's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.90.

Lument Finance 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.

Lument Finance 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 )
=(1279.844-11.654)/1064.8
=1.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1326.837 - 46.993
=1279.844

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1106.03 - 1094.376 - 0
=11.654

Lument Finance 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 )
=(1090.58-9.328)/1204.875
=0.90

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1131.655 - 41.075
=1090.58

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=912.582 - 903.254 - 0
=9.328

* 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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Lument Finance Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lument Finance Trust Inc (STU:70X) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
LFT:USA
Address
230 Park Avenue, 20th Floor, New York, NY, USA, 10169
Website
https://www.lumentfinancetrust.com
Lument Finance Trust Inc operates as a real estate investment trust. The company is engaged in investment, financing, and management of a portfolio of commercial real estate debt investments. It invests in transitional floating-rate commercial real estate mortgage loans, mezzanine loans, preferred equity, commercial mortgage-backed securities, fixed-rate loans, construction loans, and other CRE debt instruments.