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Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) Scaled Net Operating Assets : 0.96 (As of Sep. 2024)


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What is Canadian Apartment Properties Real Estate 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.

Canadian Apartment Properties Real Estate Investment Trust's operating assets for the quarter that ended in Sep. 2024 was C$17,138 Mil. Canadian Apartment Properties Real Estate Investment Trust's operating liabilities for the quarter that ended in Sep. 2024 was C$637 Mil. Canadian Apartment Properties Real Estate Investment Trust's Total Assets for the quarter that ended in Jun. 2024 was C$17,126 Mil. Therefore, Canadian Apartment Properties Real Estate Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.96.


Canadian Apartment Properties Real Estate Investment Trust Scaled Net Operating Assets Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment Trust'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.

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Canadian Apartment Properties Real Estate Investment Trust Scaled Net Operating Assets Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.06 1.08 0.96 0.92

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.94 0.97 0.97 0.97 0.96

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's Scaled Net Operating Assets

For the REIT - Residential subindustry, Canadian Apartment Properties Real Estate Investment Trust'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.


Canadian Apartment Properties Real Estate Investment Trust's Scaled Net Operating Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's Scaled Net Operating Assets falls into.



Canadian Apartment Properties Real Estate 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.

Canadian Apartment Properties Real Estate 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 )
=(16933.425-584.746)/17741.888
=0.92

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=16968.64 - 35.215
=16933.425

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7690.045 - 6453.928 - 651.371
=584.746

Canadian Apartment Properties Real Estate 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 )
=(17137.561-636.663)/17126.078
=0.96

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=17172.274 - 34.713
=17137.561

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7722.624 - 6495.203 - 590.758
=636.663

* 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.


Canadian Apartment Properties Real Estate Investment Trust Scaled Net Operating Assets Related Terms

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Canadian Apartment Properties Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

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