Synchrony Financial (BSP:S1YF34) Scaled Net Operating Assets : 0.10 (As of Sep. 2024)

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What is Synchrony 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.

Synchrony Financial's operating assets for the quarter that ended in Sep. 2024 was R$547,965 Mil. Synchrony Financial's operating liabilities for the quarter that ended in Sep. 2024 was R$485,205 Mil. Synchrony Financial's Total Assets for the quarter that ended in Jun. 2024 was R$648,966 Mil. Therefore, Synchrony Financial's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.10.

Synchrony 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.

Synchrony Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(505757.356	-	429193.081)	/	548480.005
=	0.14

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	575623.604	-	69866.248
=	505757.356

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	507501.685	-	78308.604	-	0
=	429193.081

Synchrony Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(547965.31	-	485205.422)	/	648965.803
=	0.10

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	660266.356	-	112301.046
=	547965.31

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	571772.312	-	86566.89	-	0
=	485205.422

* 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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Synchrony Financial Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SYFpA.PFD:USA SYF:USA SYF:Mexico 0LC3:UK SFE:Germany

Address

777 Long Ridge Road, Stamford, CT, USA, 06902

Website

https://www.synchronyfinancial.com

Synchrony Financial, originally a spinoff of GE Capital's retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: retail card (private-label and co-branded general-purpose credit cards), payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).