HUSIPRHCL.PFD (HSBC USA) Scaled Net Operating Assets: 0.27 (As of Mar. 2016)


What is HSBC USA Scaled Net Operating Assets?

HSBC USA HUSIPRHCL.PFD Scaled Net Operating Assets is 0.27 as of Mar. 2016. The stock has 2 warning signs investors should review.

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

HSBC USA's operating assets for the quarter that ended in Mar. 2016 was $188,711.00 Mil. HSBC USA's operating liabilities for the quarter that ended in Mar. 2016 was $138,466.00 Mil. HSBC USA's Total Assets for the quarter that ended in Dec. 2015 was $188,278.00 Mil. Therefore, HSBC USA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2016 was 0.27.

HSBC USA 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.

HSBC USA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2015 )
=(Operating Assets (A: Dec. 2015 )-Operating Liabilities (A: Dec. 2015 ))/Total Assets (A: Dec. 2014 )
=(179832-129249)/185539
=0.27

where

Operating Assets(A: Dec. 2015 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=188278 - 8446
=179832

Operating Liabilities(A: Dec. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=167753 - 33509 - 4995
=129249

HSBC USA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2016 )
=(Operating Assets (Q: Mar. 2016 )-Operating Liabilities (Q: Mar. 2016 ))/Total Assets (Q: Dec. 2015 )
=(188711-138466)/188278
=0.27

where

Operating Assets(Q: Mar. 2016 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=203784 - 15073
=188711

Operating Liabilities(Q: Mar. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=182888 - 34525 - 9897
=138466

* 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 0.27 mean?
HSBC USA (HUSIPRHCL.PFD) has a Scaled Net Operating Assets of 0.27 as of Mar. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on HSBC USA and its competitors.
Is HSBC USA's Scaled Net Operating Assets too high?
HSBC USA's current Scaled Net Operating Assets is 0.27.
How does HSBC USA's Scaled Net Operating Assets compare to GHDS and LFGP?
HSBC USA's Scaled Net Operating Assets of 0.27 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 HSBC USA and its competitors. HSBC USA's current Scaled Net Operating Assets is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HSBC USA stock overvalued right now?
HSBC USA (HUSIPRHCL.PFD) has a current Scaled Net Operating Assets of 0.27. The current Scaled Net Operating Assets is 0.27. 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 HSBC USA (HUSIPRHCL.PFD), the current Scaled Net Operating Assets is 0.27 as of Mar. 2016. 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.

HSBC USA Business Description

HSBC USA Inc is a national banking association. The Company through HSBC Bank USA offers commercial and consumer banking products and related financial services. Its customers include individuals, small businesses, institutions and governments.