MyState (ASX:MYS) Scaled Net Operating Assets : -0.08 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is MyState 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.

MyState's operating assets for the quarter that ended in Dec. 2023 was A$8,083.1 Mil. MyState's operating liabilities for the quarter that ended in Dec. 2023 was A$8,834.4 Mil. MyState's Total Assets for the quarter that ended in Jun. 2023 was A$9,124.3 Mil. Therefore, MyState's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.08.

MyState 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.

MyState'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 )
=	(8948.502	-	6744.338)	/	8079.847
=	0.27

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	9124.283	-	175.781
=	8948.502

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	8666.72	-	49.824	-	1872.558
=	6744.338

MyState'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: Jun. 2023 )
=	(8083.084	-	8834.434)	/	9124.283
=	-0.08

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	9315.23	-	1232.146
=	8083.084

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	8854.086	-	0	-	19.652
=	8834.434

* 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.

MyState Scaled Net Operating Assets Related Terms

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

MyState (ASX:MYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MyState Ltd (ASX:MYS) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

137 Harrington Street, Level 2, Hobart, TAS, AUS, 7000

Website

https://www.mystatelimited.com.au

MyState Limited is a Tasmania-based financial company that provides banking, trustee, and funds management services. The company generates the vast majority of its profit from its banking business, which provides a range of financial services including home and personal loans, credit and debit cards, and other financial products. Home loans account for the vast majority of its loan book. The funds management segment provides trustee and funds management services through the subsidiary TPT Wealth.