Franklin Credit Management (Franklin Credit Management) Scaled Net Operating Assets : 0.40 (As of Sep. 2014)

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What is Franklin Credit Management 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.

Franklin Credit Management's operating assets for the quarter that ended in Sep. 2014 was $16.95 Mil. Franklin Credit Management's operating liabilities for the quarter that ended in Sep. 2014 was $10.02 Mil. Franklin Credit Management's Total Assets for the quarter that ended in Jun. 2014 was $17.47 Mil. Therefore, Franklin Credit Management's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2014 was 0.40.

Franklin Credit Management 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.

Franklin Credit Management's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2013 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2013 )
=	(Operating Assets (A: Dec. 2013 )	-	Operating Liabilities (A: Dec. 2013 ))	/	Total Assets (A: Dec. 2012 )
=	(19.198	-	13.932)	/	20.274
=	0.26

where

	Operating Assets		(A: Dec. 2013 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	20.504	-	1.306
=	19.198

	Operating Liabilities		(A: Dec. 2013 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	14.787	-	0.855	-	0
=	13.932

Franklin Credit Management's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2014 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2014 )
=	(Operating Assets (Q: Sep. 2014 )	-	Operating Liabilities (Q: Sep. 2014 ))	/	Total Assets (Q: Jun. 2014 )
=	(16.949	-	10.022)	/	17.474
=	0.40

where

	Operating Assets		(Q: Sep. 2014 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	17.917	-	0.968
=	16.949

	Operating Liabilities		(Q: Sep. 2014 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10.71	-	0.688	-	0
=	10.022

* 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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Franklin Credit Management (Franklin Credit Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Franklin Credit Management Corp (OTCPK:FCRM) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

101 Hudson Street, 24th floor, Jersey City, NJ, USA, 07302

Website

http://www.franklincredit.com

Franklin Credit Management Corp is a specialty consumer finance company. It is engaged in the servicing and resolution of performing, performing, and nonperforming residential mortgage loans, including specialized loan recovery and collection servicing, and in the analysis, pricing, and acquisition of residential mortgage portfolios, for third parties.

Executives

Steven W Lefkowitz

director

SIX HARRISON STREET, NEW YORK NY 10013