Resimac Group (ASX:RMC) Scaled Net Operating Assets : 0.95 (As of Jun. 2024)

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What is Resimac 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.

Resimac Group's operating assets for the quarter that ended in Jun. 2024 was A$14,223.7 Mil. Resimac Group's operating liabilities for the quarter that ended in Jun. 2024 was A$255.4 Mil. Resimac Group's Total Assets for the quarter that ended in Dec. 2023 was A$14,638.6 Mil. Therefore, Resimac Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.95.

Resimac 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.

Resimac Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2024 )
=	(Operating Assets (A: Jun. 2024 )	-	Operating Liabilities (A: Jun. 2024 ))	/	Total Assets (A: Jun. 2023 )
=	(14223.706	-	255.395)	/	14942.038
=	0.93

where

	Operating Assets		(A: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15094.705	-	870.999
=	14223.706

	Operating Liabilities		(A: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	14678.344	-	0	-	14422.949
=	255.395

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

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(14223.706	-	255.395)	/	14638.576
=	0.95

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15094.705	-	870.999
=	14223.706

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	14678.344	-	0	-	14422.949
=	255.395

* 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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Resimac Group Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

45 Clarence Street, Level 9, Sydney, NSW, AUS, 2000

Website

https://www.resimac.com.au

Resimac Group Ltd is a non-bank lending company. It is a residential mortgage lender and multi-channel distribution business specializing in Prime and Specialist lending. The group operates in targeted market segments and asset classes in Australia and New Zealand. The operating business segments are home loan lending, Asset finance lending and New Zealand Lending Business, with maximum revenue from home loan lending.