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K Cash (HKSE:02483) Scaled Net Operating Assets : 0.98 (As of Jun. 2024)


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What is K Cash 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.

K Cash's operating assets for the quarter that ended in Jun. 2024 was HK$1,230.9 Mil. K Cash's operating liabilities for the quarter that ended in Jun. 2024 was HK$17.5 Mil. K Cash's Total Assets for the quarter that ended in Dec. 2023 was HK$1,241.6 Mil. Therefore, K Cash's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.98.


K Cash Scaled Net Operating Assets Historical Data

The historical data trend for K Cash's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

K Cash Scaled Net Operating Assets Chart

K Cash Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Scaled Net Operating Assets
0.71 0.77 0.78 0.93 1.06

K Cash Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Scaled Net Operating Assets Get a 7-Day Free Trial 0.78 - - 0.98 1.02

Competitive Comparison of K Cash's Scaled Net Operating Assets

For the Credit Services subindustry, K Cash's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


K Cash's Scaled Net Operating Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, K Cash's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where K Cash's Scaled Net Operating Assets falls into.


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K Cash 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.

K Cash'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 )
=(1023.229-11.548)/1087.307
=0.93

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1241.597 - 218.368
=1023.229

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=360.707 - 32.367 - 316.792
=11.548

K Cash's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1230.924-17.539)/1241.597
=0.98

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1290.998 - 60.074
=1230.924

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=385.791 - 73.726 - 294.526
=17.539

* 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.


K Cash Scaled Net Operating Assets Related Terms

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K Cash Business Description

Traded in Other Exchanges
N/A
Address
20 Pedder Street, 17/F, Wheelock House, Central, Hong Kong, HKG
K Cash Corp Ltd is engaged in the money lending business of providing secured and unsecured loan financings to both individuals and corporations in Hong Kong. It provides unsecured loan financing to HOS Property Owners, SMEs, and individuals.
Executives
East Asia International Trustees Limited 2301 Trustee
Konew Fintech Corporation Limited 2101 Beneficial owner
Konew Group Limited 2201 Interest of corporation controlled by you
Lee Edwin Kan Hing 2201 Interest of corporation controlled by you
Lee Kun Tai Steven 2201 Interest of corporation controlled by you
Lee Pik Tsong 2201 Interest of corporation controlled by you
Lee Sheung Shing 2201 Interest of corporation controlled by you
Sw Lee Limited 2201 Interest of corporation controlled by you
World Wealth Investment Development Limited 2201 Interest of corporation controlled by you

K Cash Headlines

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