Kearny Financial (Kearny Financial) Scaled Net Operating Assets : 0.16 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Kearny Financial 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.

Kearny Financial's operating assets for the quarter that ended in Dec. 2023 was $6,679.8 Mil. Kearny Financial's operating liabilities for the quarter that ended in Dec. 2023 was $5,382.8 Mil. Kearny Financial's Total Assets for the quarter that ended in Sep. 2023 was $7,974.9 Mil. Therefore, Kearny Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.16.

Kearny Financial 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.

Kearny Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(7994.3	-	5688.719)	/	7719.883
=	0.30

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	8064.815	-	70.515
=	7994.3

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7195.531	-	1506.812	-	0
=	5688.719

Kearny Financial'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 )
=	(6679.797	-	5382.799)	/	7974.866
=	0.16

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	7897.832	-	1218.035
=	6679.797

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7049.854	-	1667.055	-	0
=	5382.799

* 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.

Kearny Financial Scaled Net Operating Assets Related Terms

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

Kearny Financial (Kearny Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kearny Financial Corp (NAS:KRNY) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Passaic Avenue, Fairfield, NJ, USA, 07004

Website

https://www.kearnybank.com

Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.

Executives

Melvina Wong-zaza	director	120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern	director	C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields	director	120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici	officer: EVP and CCO	120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson	officer: EVP and CTIO	120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro	director	C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto	director	C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr	director	C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan	director	C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet	director	120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce	officer: EVP/CLO	C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen	director	C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann	director	120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Catherine A Lawton	director	120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Matthew T Mcclane	director	C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004