GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mainstreet Equity Corp (TSX:MEQ) » Definitions » Scaled Net Operating Assets

Mainstreet Equity (TSX:MEQ) Scaled Net Operating Assets : 0.89 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Mainstreet Equity 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.

Mainstreet Equity's operating assets for the quarter that ended in Mar. 2024 was C$3,256.1 Mil. Mainstreet Equity's operating liabilities for the quarter that ended in Mar. 2024 was C$299.7 Mil. Mainstreet Equity's Total Assets for the quarter that ended in Dec. 2023 was C$3,337.1 Mil. Therefore, Mainstreet Equity's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.89.


Mainstreet Equity Scaled Net Operating Assets Historical Data

The historical data trend for Mainstreet Equity'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.

Mainstreet Equity Scaled Net Operating Assets Chart

Mainstreet Equity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.98 1.09 0.97 0.97

Mainstreet Equity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.93 0.92 0.91 0.92 0.89

Competitive Comparison of Mainstreet Equity's Scaled Net Operating Assets

For the Real Estate Services subindustry, Mainstreet Equity'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.


Mainstreet Equity's Scaled Net Operating Assets Distribution in the Real Estate Industry

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

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



Mainstreet Equity 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.

Mainstreet Equity's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(3083.23-279.935)/2893.492
=0.97

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3164.992 - 81.762
=3083.23

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1845.748 - 1418.783 - 147.03
=279.935

Mainstreet Equity'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 )
=(3256.086-299.718)/3337.072
=0.89

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3420.651 - 164.565
=3256.086

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1999.505 - 1491.645 - 208.142
=299.718

* 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.


Mainstreet Equity Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Mainstreet Equity's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Mainstreet Equity (TSX:MEQ) Business Description

Traded in Other Exchanges
Address
10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.
Executives
Richard Grimaldi Director

Mainstreet Equity (TSX:MEQ) Headlines

No Headlines