IFAN (IFAN Financial) Scaled Net Operating Assets: 0.53 (As of May. 2016)


What is IFAN Financial Scaled Net Operating Assets?

IFAN Financial IFAN -99.00% Scaled Net Operating Assets is 0.53 as of May. 2016.

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

IFAN Financial's operating assets for the quarter that ended in May. 2016 was $3.93 Mil. IFAN Financial's operating liabilities for the quarter that ended in May. 2016 was $1.63 Mil. IFAN Financial's Total Assets for the quarter that ended in Feb. 2016 was $4.33 Mil. Therefore, IFAN Financial's scaled net operating assets (SNOA) for the quarter that ended in May. 2016 was 0.53.

IFAN Financial Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for IFAN Financial'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.

IFAN Financial Scaled Net Operating Assets Chart

IFAN Financial Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15
Scaled Net Operating Assets
-0.50 -4.00 0.00 -30.00 13.92

IFAN Financial Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.78 0.58 0.58 0.53

IFAN vs ADAC, VCAN, CIIT: Scaled Net Operating Assets Comparison

For the Shell Companies subindustry, IFAN Financial'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.

IFAN Financial Scaled Net Operating Assets vs Diversified Financial Services Industry

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

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


IFAN Financial 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.

IFAN Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2015 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2015 )
=(Operating Assets (A: Aug. 2015 )-Operating Liabilities (A: Aug. 2015 ))/Total Assets (A: Aug. 2014 )
=(4.883-0.971)/0.281
=13.92

where

Operating Assets(A: Aug. 2015 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.021 - 0.138
=4.883

Operating Liabilities(A: Aug. 2015 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.447 - 0 - 0.476
=0.971

IFAN Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in May. 2016 is calculated as

Scaled Net Operating Assets (SNOA)(Q: May. 2016 )
=(Operating Assets (Q: May. 2016 )-Operating Liabilities (Q: May. 2016 ))/Total Assets (Q: Feb. 2016 )
=(3.933-1.631)/4.333
=0.53

where

Operating Assets(Q: May. 2016 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.068 - 0.135
=3.933

Operating Liabilities(Q: May. 2016 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.417 - 0.004 - 0.782
=1.631

* 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 0.53 mean?
IFAN Financial (IFAN) has a Scaled Net Operating Assets of 0.53 as of May. 2016. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IFAN Financial and its competitors.
Is IFAN Financial's Scaled Net Operating Assets too high?
IFAN Financial's current Scaled Net Operating Assets is 0.53.
How does IFAN Financial's Scaled Net Operating Assets compare to ADAC and VCAN?
IFAN Financial's Scaled Net Operating Assets of 0.53 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Scaled Net Operating Assets depends on the Diversified Financial Services 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 IFAN Financial and its competitors. IFAN Financial's current Scaled Net Operating Assets is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFAN Financial stock overvalued right now?
IFAN Financial (IFAN) has a current Scaled Net Operating Assets of 0.53. The current Scaled Net Operating Assets is 0.53. 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 IFAN Financial (IFAN), the current Scaled Net Operating Assets is 0.53 as of May. 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.

IFAN Financial Business Description

Address 607 Shelby, 700-1005, Detroit, MI, USA, 48226
IFAN Financial Inc is a shell company.