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Malaga Financial (Malaga Financial) Scaled Net Operating Assets : 0.44 (As of Sep. 2007)


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What is Malaga 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.

Malaga Financial's operating assets for the quarter that ended in Sep. 2007 was $692.04 Mil. Malaga Financial's operating liabilities for the quarter that ended in Sep. 2007 was $386.92 Mil. Malaga Financial's Total Assets for the quarter that ended in Jun. 2007 was $686.65 Mil. Therefore, Malaga Financial's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2007 was 0.44.


Malaga 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.

Malaga Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2006 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2006 )
=(Operating Assets (A: Dec. 2006 )-Operating Liabilities (A: Dec. 2006 ))/Total Assets (A: Dec. 2005 )
=(653.262-367.955)/580.542
=0.49

where

Operating Assets(A: Dec. 2006 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=669.742 - 16.48
=653.262

Operating Liabilities(A: Dec. 2006 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=618.992 - 251.037 - 0
=367.955

Malaga Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2007 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2007 )
=(Operating Assets (Q: Sep. 2007 )-Operating Liabilities (Q: Sep. 2007 ))/Total Assets (Q: Jun. 2007 )
=(692.044-386.923)/686.645
=0.44

where

Operating Assets(Q: Sep. 2007 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=705.445 - 13.401
=692.044

Operating Liabilities(Q: Sep. 2007 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=649.919 - 262.996 - 0
=386.923

* 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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Malaga Financial (Malaga Financial) Business Description

Traded in Other Exchanges
N/A
Address
2514 Via Tejon, Palos Verdes Estates, CA, USA, 90274
Malaga Financial Corp is a full-service community bank. It bank is a real estate lender concentrating on financing apartments, construction projects, and single-family residences. Its operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money. Its customers consist of individuals and small-to-midsize businesses located in the Palos Verdes Peninsula and adjoining areas of Los Angeles and Orange Counties, California.