/term/snoa/HKSE:01669 Global International Credit Group (HKSE:01669) Scaled Net O
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Global International Credit Group (HKSE:01669) Scaled Net Operating Assets : 0.95 (As of Dec. 2023)


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What is Global International Credit Group 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.

Global International Credit Group's operating assets for the quarter that ended in Dec. 2023 was HK$874.48 Mil. Global International Credit Group's operating liabilities for the quarter that ended in Dec. 2023 was HK$8.98 Mil. Global International Credit Group's Total Assets for the quarter that ended in Jun. 2023 was HK$908.03 Mil. Therefore, Global International Credit Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.95.


Global International Credit Group 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.

Global International Credit Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(874.476-8.981)/943.941
=0.92

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=930.74 - 56.264
=874.476

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.616 - 6.635 - 0
=8.981

Global International Credit Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(874.476-8.981)/908.026
=0.95

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=930.74 - 56.264
=874.476

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.616 - 6.635 - 0
=8.981

* 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.


Global International Credit Group Scaled Net Operating Assets Related Terms

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Global International Credit Group (HKSE:01669) Business Description

Traded in Other Exchanges
N/A
Address
19 Des Voeux Road Central, Unit 01, 23rd Floor, World-Wide House, Hong Kong, HKG
Global International Credit Group Ltd is engaged in the money lending business. The company provides short-term and long-term property mortgage loans to customers in Hong Kong. It provides flexible loan solutions, property mortgage loans, and personal loans. Its revenue is generated from the money lending business of providing property mortgage loans and personal loans in Hong Kong.