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Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Scaled Net Operating Assets : 1.00 (As of Mar. 2024)


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What is Chicago Atlantic Real Estate Finance 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.

Chicago Atlantic Real Estate Finance's operating assets for the quarter that ended in Mar. 2024 was $376.75 Mil. Chicago Atlantic Real Estate Finance's operating liabilities for the quarter that ended in Mar. 2024 was $16.44 Mil. Chicago Atlantic Real Estate Finance's Total Assets for the quarter that ended in Dec. 2023 was $359.23 Mil. Therefore, Chicago Atlantic Real Estate Finance's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 1.00.

Chicago Atlantic Real Estate Finance 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.

Chicago Atlantic Real Estate Finance'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 )
=(351.328-21.372)/343.271
=0.96

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=359.226 - 7.898
=351.328

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=87.372 - 66 - 0
=21.372

Chicago Atlantic Real Estate Finance'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 )
=(376.751-16.444)/359.226
=1.00

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=383.655 - 6.904
=376.751

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=97.694 - 81.25 - 0
=16.444

* 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.

Chicago Atlantic Real Estate Finance Scaled Net Operating Assets Related Terms

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Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chicago Atlantic Real Estate Finance Inc (NAS:REFI) » Definitions » Scaled Net Operating Assets
Comparable Companies
NREF GPMT AOMR IVR ORC SEVN SACH AAIC AJX MITT NLY STWD AGNC RITM BXMT ABR RC ARI CMTG LADR
Traded in Other Exchanges
N/A
Address
1680 Michigan Avenue, Suite 700, Miami Beach, FL, USA, 33139
Website
https://www.chicagoatlanticcredit.com
Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. Its primary investment objective is to provide attractive risk-adjusted returns for stockholders over time, through consistent current income dividends and other distributions and secondarily through capital appreciation.
Executives
John Mazarakis director, officer: Exec. Chair of the Board C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Andreas Bodmeier director, officer: Co-President and CIO C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Peter Sack director, officer: Co-President C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Anthony Cappell director, officer: Chief Executive Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Phillip Silverman officer: Interim CFO C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
David Kite officer: Chief Operating Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Jason D Papastavrou director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Frederick C Herbst director
Lindsay Menze officer: Chief Financial Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Michael L. Steiner director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Brandon Konigsberg director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Chicago Atlantic Fund Qp, Llc 10 percent owner 420 NORTH WABASH AVE., SUITE 500, CHICAGO IL 60611
Donald E. Gulbrandsen director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Chicago Atlantic Cre Holdings, Llc 10 percent owner C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611