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DRI Healthcare Trust (TSX:DHT.U) Scaled Net Operating Assets : 0.86 (As of Mar. 2024)


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What is DRI Healthcare 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.

DRI Healthcare Trust's operating assets for the quarter that ended in Mar. 2024 was $836.9 Mil. DRI Healthcare Trust's operating liabilities for the quarter that ended in Mar. 2024 was $114.8 Mil. DRI Healthcare Trust's Total Assets for the quarter that ended in Dec. 2023 was $835.0 Mil. Therefore, DRI Healthcare Trust's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.86.

DRI Healthcare 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.

DRI Healthcare 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 )
=(772.122-127.982)/633.419
=1.02

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=834.957 - 62.835
=772.122

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=273.46 - 145.478 - 0
=127.982

DRI Healthcare 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 )
=(836.887-114.768)/834.957
=0.86

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=903.449 - 66.562
=836.887

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=351.742 - 236.974 - 0
=114.768

* 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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DRI Healthcare Trust (TSX:DHT.U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DRI Healthcare Trust (TSX:DHT.U) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
DHTRF:USA DHT.UN:Canada
Address
100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1
Website
https://www.dricapital.com
DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.