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Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Scaled Net Operating Assets : 0.84 (As of Dec. 2023)


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What is Morguard North American Residential 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.

Morguard North American Residential Real Estate Investment Trust's operating assets for the quarter that ended in Dec. 2023 was C$4,078.1 Mil. Morguard North American Residential Real Estate Investment Trust's operating liabilities for the quarter that ended in Dec. 2023 was C$572.6 Mil. Morguard North American Residential Real Estate Investment Trust's Total Assets for the quarter that ended in Sep. 2023 was C$4,168.5 Mil. Therefore, Morguard North American Residential Real Estate Investment Trust's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.84.


Morguard North American Residential Real Estate Investment Trust Scaled Net Operating Assets Historical Data

The historical data trend for Morguard North American Residential 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.

* Premium members only.

Morguard North American Residential Real Estate Investment Trust Scaled Net Operating Assets Chart

Morguard North American Residential 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 0.84 0.87 0.95 0.96 0.89

Morguard North American Residential Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.87 0.84 0.86 0.84

Competitive Comparison of Morguard North American Residential Real Estate Investment Trust's Scaled Net Operating Assets

For the REIT - Residential subindustry, Morguard North American Residential 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.


Morguard North American Residential Real Estate Investment Trust's Scaled Net Operating Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Morguard North American Residential Real Estate Investment Trust's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Morguard North American Residential Real Estate Investment Trust's Scaled Net Operating Assets falls into.



Morguard North American Residential 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.

Morguard North American Residential 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 )
=(4078.106-572.583)/3934.417
=0.89

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4095.931 - 17.825
=4078.106

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2136.28 - 1396.073 - 167.624
=572.583

Morguard North American Residential Real Estate Investment Trust's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(4078.106-572.583)/4168.456
=0.84

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4095.931 - 17.825
=4078.106

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2136.28 - 1396.073 - 167.624
=572.583

* 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.


Morguard North American Residential Real Estate Investment Trust Scaled Net Operating Assets Related Terms

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Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Business Description

Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Mississauga, ON, CAN, L5B 1M3
Morguard North American Residential Real Estate Investment Trust is an open-end real estate investment trust. The REIT invests in multi-suite residential rental properties in Canada and the United States. The REIT operates into two reportable segments, Canada and the United States. The United States contributes to the vast majority of revenue.

Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN) Headlines

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