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OneMain Holdings (FRA:0S1) Scaled Net Operating Assets : 0.98 (As of Dec. 2024)


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What is OneMain Holdings 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.

OneMain Holdings's operating assets for the quarter that ended in Dec. 2024 was €23,856 Mil. OneMain Holdings's operating liabilities for the quarter that ended in Dec. 2024 was €1,223 Mil. OneMain Holdings's Total Assets for the quarter that ended in Sep. 2024 was €23,046 Mil. Therefore, OneMain Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.98.

OneMain Holdings 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.

OneMain Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(24306.66-1223.355)/22277.598
=1.04

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=24744.05 - 437.39
=24306.66

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21696.645 - 20473.29 - 0
=1223.355

OneMain Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(23855.9-1223.355)/23045.778
=0.98

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=24744.05 - 888.15
=23855.9

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21696.645 - 20473.29 - 0
=1223.355

* 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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OneMain Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » OneMain Holdings Inc (FRA:0S1) » Definitions » Scaled Net Operating Assets
Comparable Companies
SLM QFIN UPST CACC FCFS NNI WU BFH LU ENVA V MA AXP COF PYPL BOM:500034 DFS SYF BOM:543257 SOFI
Traded in Other Exchanges
OMF:USA 0S1:Germany
Address
601 N.W. Second Street, Evansville, IN, USA, 47708
Website
https://www.onemainfinancial.com
OneMain Holdings Inc is a consumer finance company providing loan products to customers through its branch network and the internet. The company provides personal loan products; offers credit cards; offers optional credit insurance and others; offers a customer-focused financial wellness program, and acquisitions and dispositions of assets and businesses. It provides origination, underwriting, and servicing of personal loans to non-prime customers. The company's reportable segment is Consumer and Insurance. The main source of revenue is net interest income.