GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redfin Corp (NAS:RDFN) » Definitions » Scaled Net Operating Assets

Redfin (Redfin) Scaled Net Operating Assets : 0.74 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Redfin 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.

Redfin's operating assets for the quarter that ended in Mar. 2024 was $964.0 Mil. Redfin's operating liabilities for the quarter that ended in Mar. 2024 was $113.5 Mil. Redfin's Total Assets for the quarter that ended in Dec. 2023 was $1,153.6 Mil. Therefore, Redfin's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.74.


Redfin Scaled Net Operating Assets Historical Data

The historical data trend for Redfin'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.

Redfin Scaled Net Operating Assets Chart

Redfin 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 0.45 0.28 0.93 0.54 0.55

Redfin 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 0.59 0.71 0.66 0.77 0.74

Competitive Comparison of Redfin's Scaled Net Operating Assets

For the Real Estate Services subindustry, Redfin'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.


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

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

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



Redfin 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.

Redfin'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 )
=(961.937-101.131)/1574.204
=0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1153.648 - 191.711
=961.937

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1110.941 - 842.237 - 167.573
=101.131

Redfin'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 )
=(963.978-113.527)/1153.648
=0.74

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1071.107 - 107.129
=963.978

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1076.887 - 792.062 - 171.298
=113.527

* 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.


Redfin Scaled Net Operating Assets Related Terms

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


Redfin (Redfin) Business Description

Industry
Traded in Other Exchanges
Address
1099 Stewart Street, Suite 600, Seattle, WA, USA, 98101
Redfin Corp is a residential real estate broker. It pairs their own agents with the technology to create a service that is faster and costs less. The company meet customers through listings-search website and mobile application. The company uses same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has four reportable segment which are real estate services, properties, rentals, and mortgage. The company generates majority of the revenue from Real estate services.
Executives
Christopher John Nielsen officer: Chief Financial Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Bridget Frey officer: Chief Technology Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Anna Stevens officer: Chief Human Resources Officer 3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339
Anthony Ray Kappus officer: Chief Legal Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Christian John Taubman officer: Chief Product Officer C/O REDFIN CORPORATION, 1099 STEWART STREET SUITE 600, SEATTLE WA 98101
James Slavet director C/O DFJ VENTURE CAPITAL, 2882 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Glenn Kelman director, officer: See Remarks 500 SANSOME STREET, SAN FRANCISCO CA 94111
David H Lissy director C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Bradley E Singer director ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Mylod Robert J Jr director
Scott Nagel officer: See Remarks C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Adam Wiener officer: Chief Growth Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Selina Tobaccowala director C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Kerry D Chandler director 1020 HULL STREET, BALTIMORE MD 21230
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654