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BWMY (BorrowMoney.com) Scaled Net Operating Assets : -33.50 (As of Feb. 2024)


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What is BorrowMoney.com 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.

BorrowMoney.com's operating assets for the quarter that ended in Feb. 2024 was $0.01 Mil. BorrowMoney.com's operating liabilities for the quarter that ended in Feb. 2024 was $0.27 Mil. BorrowMoney.com's Total Assets for the quarter that ended in Nov. 2023 was $0.01 Mil. Therefore, BorrowMoney.com's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2024 was -33.50.

BorrowMoney.com Scaled Net Operating Assets Historical Data

The historical data trend for BorrowMoney.com's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

BorrowMoney.com Scaled Net Operating Assets Chart

BorrowMoney.com Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Scaled Net Operating Assets
Get a 7-Day Free Trial -5.78 -13.25 -21.25 -22.89 -56.75

BorrowMoney.com Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.00 -58.75 -56.75 -4.39 -33.50

Competitive Comparison of BorrowMoney.com's Scaled Net Operating Assets

For the Credit Services subindustry, BorrowMoney.com's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BorrowMoney.com's Scaled Net Operating Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, BorrowMoney.com's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where BorrowMoney.com's Scaled Net Operating Assets falls into.


BorrowMoney.com 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.

BorrowMoney.com's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(0.007-0.234)/0.004
=-56.75

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.056 - 0.049
=0.007

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.828 - 0.013 - 0.581
=0.234

BorrowMoney.com's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2024 )
=(Operating Assets (Q: Feb. 2024 )-Operating Liabilities (Q: Feb. 2024 ))/Total Assets (Q: Nov. 2023 )
=(0.006-0.274)/0.008
=-33.50

where

Operating Assets(Q: Feb. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.007 - 0.001
=0.006

Operating Liabilities(Q: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.842 - 0.568 - 0
=0.274

* 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.

BorrowMoney.com Scaled Net Operating Assets Related Terms

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BorrowMoney.com Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » BorrowMoney.com Inc (OTCPK:BWMY) » Definitions » Scaled Net Operating Assets
Comparable Companies
THBD RAHGF DXF SUNL V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810 TSE:8593 BOM:543066 TPE:5871
Traded in Other Exchanges
N/A
Address
512 Bayshore Drive, Fort Lauderdale, FL, USA, 33304
Website
https://www.borrowmoney.com
BorrowMoney.com Inc operates an online loan marketplace for consumers seeking loans and other credit-based offerings. Its online marketplace provides consumers with access to product offerings from active lenders. It offers products in two categories including mortgage products and non-mortgage products. The mortgage products category includes the purchase and refinances products. Non-mortgage products include credit cards, personal loans, home equity loans, reverse mortgage loans, auto loans, small business loans, student loans, deposit accounts, home improvement referrals and other credit products such as credit repair and debt settlement.