CFNB (California First Leasing) Scaled Net Operating Assets: 1.04 (As of Dec. 2025)

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CFNB California First Leasing Corp CFNB
35 GF Score
Price $1,697.50
! 3 Warning Signs
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What is California First Leasing Scaled Net Operating Assets?

California First Leasing CFNB +2.88% 35 Scaled Net Operating Assets is 1.04 as of Dec. 2025. GuruFocus rates CFNB with a GF Score™ of 35/100. The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

California First Leasing's operating assets for the quarter that ended in Dec. 2025 was $331.40 Mil. California First Leasing's operating liabilities for the quarter that ended in Dec. 2025 was $37.93 Mil. California First Leasing's Total Assets for the quarter that ended in Jun. 2025 was $281.54 Mil. Therefore, California First Leasing's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 1.04.

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35GF Score
California First Leasing Corp CFNB
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California First Leasing 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.

California First Leasing's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(248.105-24.787)/261.027
=0.86

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=281.543 - 33.438
=248.105

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=24.787 - 0 - 0
=24.787

California First Leasing's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(331.403-37.925)/281.543
=1.04

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=331.403 - 0
=331.403

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=37.925 - 0 - 0
=37.925

* 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.

What does a Scaled Net Operating Assets of 1.04 mean?
California First Leasing (CFNB) has a Scaled Net Operating Assets of 1.04 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on California First Leasing and its competitors.
Is California First Leasing's Scaled Net Operating Assets too high?
California First Leasing's current Scaled Net Operating Assets is 1.04. Overall, California First Leasing has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does California First Leasing's Scaled Net Operating Assets compare to NBH and MXF?
California First Leasing's Scaled Net Operating Assets of 1.04 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on California First Leasing and its competitors. California First Leasing's current Scaled Net Operating Assets is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California First Leasing stock overvalued right now?
California First Leasing (CFNB) has a current Scaled Net Operating Assets of 1.04. The current Scaled Net Operating Assets is 1.04. California First Leasing's overall GF Score™ is 35/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For California First Leasing (CFNB), the current Scaled Net Operating Assets is 1.04 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

California First Leasing Business Description

Address 5000 Birch Street, Suite 500, Newport Beach, CA, USA, 92660
California First Leasing Corp is an internally managed non-diversified closed-end investment company. The company retains its lease business while using equity and other investments to maximize current income and generate capital appreciation.
35GF Score

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$1,697.50
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