EQFN (Equitable Financial) Scaled Net Operating Assets: 0.05 (As of Jun. 2023)


EQFN Equitable Financial Corp EQFN
16 GF Score
Price $18.00
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What is Equitable Financial Scaled Net Operating Assets?

Equitable Financial EQFN +0.90% 16 Scaled Net Operating Assets is 0.05 as of Jun. 2023. GuruFocus rates EQFN with a GF Score™ of 16/100.

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

Equitable Financial's operating assets for the quarter that ended in Jun. 2023 was $442.16 Mil. Equitable Financial's operating liabilities for the quarter that ended in Jun. 2023 was $418.90 Mil. Equitable Financial's Total Assets for the quarter that ended in Jun. 2022 was $454.83 Mil. Therefore, Equitable Financial's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.05.

EQFN
16GF Score
Equitable Financial Corp EQFN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Equitable 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.

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

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(472.395-418.9)/454.828
=0.12

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=481.049 - 8.654
=472.395

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=434.585 - 15 - 0.685
=418.9

Equitable Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Jun. 2022 )
=(442.162-418.9)/454.828
=0.05

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=481.049 - 38.887
=442.162

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=434.585 - 15 - 0.685
=418.9

* 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 0.05 mean?
Equitable Financial (EQFN) has a Scaled Net Operating Assets of 0.05 as of Jun. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Equitable Financial and its competitors.
Is Equitable Financial's Scaled Net Operating Assets too high?
Equitable Financial's current Scaled Net Operating Assets is 0.05. Overall, Equitable Financial has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Equitable Financial's Scaled Net Operating Assets compare to TBBC and NUBC?
Equitable Financial's Scaled Net Operating Assets of 0.05 can be compared against companies in the Banks 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 a Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 Equitable Financial and its competitors. Equitable Financial's current Scaled Net Operating Assets is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equitable Financial stock overvalued right now?
Equitable Financial (EQFN) has a current Scaled Net Operating Assets of 0.05. The current Scaled Net Operating Assets is 0.05. Equitable Financial's overall GF Score™ is 16/100. 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 Equitable Financial (EQFN), the current Scaled Net Operating Assets is 0.05 as of Jun. 2023. 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.

Equitable Financial Business Description

Address 113 North Locust Street, Grand Island, NE, USA, 68801
Equitable Financial Corp is a holding company. The bank is engaged in the business of attracting deposits from the public and using those funds to originate commercial loans, agricultural loans, one- to four-family residential real estate loans and Other, these all activities are conducted through its main offices which are Located in Grand Island, North Platte, Omaha and Elkhorn, Nebraska. The Bank's primary services include accepting deposits, making loans, and investing in securities. It also provides Advisory services and wealth management.
16GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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