Close Brothers Group (Close Brothers Group) Scaled Net Operating Assets : 0.20 (As of Jan. 2024)

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What is Close Brothers Group 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.

Close Brothers Group's operating assets for the quarter that ended in Jan. 2024 was $15,730 Mil. Close Brothers Group's operating liabilities for the quarter that ended in Jan. 2024 was $12,322 Mil. Close Brothers Group's Total Assets for the quarter that ended in Jul. 2023 was $17,462 Mil. Therefore, Close Brothers Group's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.20.

Close Brothers Group 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.

Close Brothers Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jul. 2023 )
=	(Operating Assets (A: Jul. 2023 )	-	Operating Liabilities (A: Jul. 2023 ))	/	Total Assets (A: Jul. 2022 )
=	(14965.593	-	11676.804)	/	15201.799
=	0.22

where

	Operating Assets		(A: Jul. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	17461.727	-	2496.134
=	14965.593

	Operating Liabilities		(A: Jul. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	15342.01	-	3665.206	-	0
=	11676.804

Close Brothers Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Jul. 2023 )
=	(15729.733	-	12322.491)	/	17461.727
=	0.20

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	17837.103	-	2107.37
=	15729.733

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	15509.53	-	3187.039	-	0
=	12322.491

* 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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Close Brothers Group (Close Brothers Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Close Brothers Group PLC (OTCPK:CBGPY) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CBGPF:USA CBGl:UK CBG:UK CS3:Germany

Address

10 Crown Place, London, GBR, EC2A 4FT

Website

https://www.closebrothers.com

Close Brothers Group PLC is a merchant banking group providing lending, deposit solutions, wealth management services, and securities trading. The company mostly provides services to small businesses and individuals in the United Kingdom. Its strategy focuses on niche markets to drive high levels of repeat business with clients. The company distributes its service offerings with a direct salesforce and an intermediated distribution network. Its banking division provides asset, invoice, motor, premium, and property finance. Close Brothers' security business is primarily a liquidity provider to U.K. retail stockbrokers and institutions. The group's asset management division offers financial planning and investment management services.