Northfield Capital (TSXV:NFD.A) Scaled Net Operating Assets : 0.87 (As of Mar. 2024)

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What is Northfield Capital 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.

Northfield Capital's operating assets for the quarter that ended in Mar. 2024 was C$73.15 Mil. Northfield Capital's operating liabilities for the quarter that ended in Mar. 2024 was C$2.23 Mil. Northfield Capital's Total Assets for the quarter that ended in Sep. 2023 was C$81.32 Mil. Therefore, Northfield Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.87.

Northfield Capital 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.

Northfield Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(73.611	-	2.041)	/	92.793
=	0.77

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	79.881	-	6.27
=	73.611

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	9.156	-	7.115	-	0
=	2.041

Northfield Capital'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: Sep. 2023 )
=	(73.152	-	2.227)	/	81.319
=	0.87

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	76.376	-	3.224
=	73.152

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	15.941	-	13.714	-	0
=	2.227

* 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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Northfield Capital (TSXV:NFD.A) Business Description

Industry

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Traded in Other Exchanges

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Address

141 Adelaide Street West, Sutie 301, Toronto, ON, CAN, M5H 3L5

Website

https://www.northfieldcapital.com

Northfield Capital Corp is a Canada-based company. It has investment interests in the resource, transportation, manufacturing, and technology sectors. The Company's operating segments are; The investments segment includes Investment activities including holding interests in resource, manufacturing, and technology sectors, Aviation Services segment Provides chartered air, flight training, and aircraft maintenance services across Canada and across borders to the United States, the Winery segment includes Vineyard and winery located in Prince Edward County, manufacturing and selling wine, and the Distillery segment include Spirit distilling at Spirit of York distillery located in Toronto's distillery district.