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CURO Group Holdings (CURO Group Holdings) Scaled Net Operating Assets : 0.58 (As of Sep. 2023)


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What is CURO Group Holdings 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.

CURO Group Holdings's operating assets for the quarter that ended in Sep. 2023 was $1,694.4 Mil. CURO Group Holdings's operating liabilities for the quarter that ended in Sep. 2023 was $98.5 Mil. CURO Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was $2,744.8 Mil. Therefore, CURO Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.58.

CURO Group Holdings 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.

CURO Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(2715.261-173.166)/2460.596
=1.03

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2789.193 - 73.932
=2715.261

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2843.327 - 1060.734 - 1609.427
=173.166

CURO Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(1694.402-98.46)/2744.837
=0.58

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1776.952 - 82.55
=1694.402

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2174.973 - 1178.793 - 897.72
=98.46

* 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.

CURO Group Holdings Scaled Net Operating Assets Related Terms

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CURO Group Holdings (CURO Group Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CURO Group Holdings Corp (OTCPK:CUROQ) » Definitions » Scaled Net Operating Assets
Comparable Companies
NICK OPFI JT SPFX MCVT PT NISN COSG SEZL LMFA V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
CGE:Germany
Address
200 W Hubbard Street, 8th Floor, Chicago, IL, USA, 60654
Website
https://www.curo.com
CURO Group Holdings Corp is a consumer finance company serving a full spectrum of non-prime, near-prime and prime consumers in portions of the U.S. and Canada. It offers a broad range of consumer finance products including unsecured installment loans, secured installment loans, open-end loans, and single-pay loans. The company also provides ancillary financial products including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance in the Canadian market, gold buying, retail installment sales, and money transfer services. The firm operates under three segments: US, Canada Direct Lending, and Canada POS Lending.
Executives
Chadwick Heath Faulkner director, 10 percent owner 30459 MORNING VIEW DRIVE, MALIBU CA 90265
Douglas D Clark officer: Pres., N. Amer. Direct Lending 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Ismail Dawood officer: Chief Financial Officer 3527 NORTH RIDGE ROAD, WICHITA KS 67205
Robert Hurzeler director C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Gary L. Fulk officer: COO, Direct Lending 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Issac Vaughn director 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Michael Mcknight director, 10 percent owner THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Tamara L Schulz officer: Chief Accounting Officer 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Daniel David Kirsche officer: Chief Technology Officer 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Peter E Kalen officer: CEO, Flexiti 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Jillian R Slagter officer: Chief Human Resources Officer 3615 NORTH RIDGE ROAD, WICHITA KS 67205
Ffl Partners, Llc director, 10 percent owner ONE MARITIME PLAZA, SUITE 2200, SAN FRANCISCO CA 94111-3512
Friedman Fleischer & Lowe Gp Ii, Llc director, 10 percent owner C/O FFL PARTNERS, LLC, ONE MARITIME PLAZA, SUITE 2200, SAN FRANCISCO CA 94111
Donald Gayhardt director, officer: See Remarks DOLLAR FINANCIAL CORP., 1436 LANCASTER AVE., BERWYN PA 19312
William C Baker officer: See Remarks