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Charter Financial (Charter Financial) Scaled Net Operating Assets : 0.07 (As of Jun. 2018)


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What is Charter 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.

Charter Financial's operating assets for the quarter that ended in Jun. 2018 was $1,450.91 Mil. Charter Financial's operating liabilities for the quarter that ended in Jun. 2018 was $1,334.59 Mil. Charter Financial's Total Assets for the quarter that ended in Mar. 2018 was $1,653.92 Mil. Therefore, Charter Financial's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2018 was 0.07.


Charter 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.

Charter Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2017 )
=(Operating Assets (A: Sep. 2017 )-Operating Liabilities (A: Sep. 2017 ))/Total Assets (A: Sep. 2016 )
=(1480.306-1359.212)/1438.389
=0.08

where

Operating Assets(A: Sep. 2017 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1640.159 - 159.853
=1480.306

Operating Liabilities(A: Sep. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1425.96 - 66.748 - 0
=1359.212

Charter Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2018 )
=(Operating Assets (Q: Jun. 2018 )-Operating Liabilities (Q: Jun. 2018 ))/Total Assets (Q: Mar. 2018 )
=(1450.909-1334.591)/1653.916
=0.07

where

Operating Assets(Q: Jun. 2018 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1625.835 - 174.926
=1450.909

Operating Liabilities(Q: Jun. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1401.429 - 61.828 - 5.01
=1334.591

* 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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Charter Financial (Charter Financial) Business Description

Traded in Other Exchanges
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Address
Charter Financial Corp is a savings and loan holding company. It provides various products and services to individuals and businesses in the United States. Its principal business consists of attracting retail deposits from the general public and investing those deposits in commercial real estate loans, one- to four-family residential mortgage loans, construction loans, commercial loans, home equity loans and lines of credit and other consumer loans. It offers a variety of community banking services to customers, including online banking and bill payment services, mobile banking, safe deposit box rentals, debit card and ATM card services. The company derives significant revenue from service charges on deposit accounts, the bulk of which comes from overdraft-related fees.