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PennyMac Mortgage Investment Trust (STU:8PM) Scaled Net Operating Assets : 0.39 (As of Mar. 2024)


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What is PennyMac 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.

PennyMac Mortgage Investment Trust's operating assets for the quarter that ended in Mar. 2024 was €9,785.7 Mil. PennyMac Mortgage Investment Trust's operating liabilities for the quarter that ended in Mar. 2024 was €5,077.9 Mil. PennyMac Mortgage Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was €12,025.4 Mil. Therefore, PennyMac Mortgage Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.39.


PennyMac 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.

PennyMac 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 )
=(10658.569-5785.356)/13141.956
=0.37

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12025.434 - 1366.865
=10658.569

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10230.783 - 4445.427 - 0
=5785.356

PennyMac Mortgage Investment Trust'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: Dec. 2023 )
=(9785.744-5077.934)/12025.434
=0.39

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11310.204 - 1524.46
=9785.744

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9508.004 - 4430.07 - 0
=5077.934

* 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.


PennyMac Mortgage Investment Trust Scaled Net Operating Assets Related Terms

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PennyMac Mortgage Investment Trust (STU:8PM) Business Description

Comparable Companies
Address
3043 Townsgate Road, Westlake Village, CA, USA, 91361
PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company's operations include activities such as production and servicing of financial securities based on residential loans and pooling and reselling of high-credit-quality mortgages. The company operates through four segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies, and corporate activities. The correspondent production segment, which generates income via purchasing, pooling, and reselling of loans or mortgage-backed securities accounts for roughly half of the company's income.