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IG Group Holdings (IG Group Holdings) Scaled Net Operating Assets : 0.48 (As of Nov. 2023)


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What is IG Group 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.

IG Group Holdings's operating assets for the quarter that ended in Nov. 2023 was $2,552 Mil. IG Group Holdings's operating liabilities for the quarter that ended in Nov. 2023 was $741 Mil. IG Group Holdings's Total Assets for the quarter that ended in May. 2023 was $3,739 Mil. Therefore, IG Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Nov. 2023 was 0.48.


IG Group Holdings Scaled Net Operating Assets Historical Data

The historical data trend for IG Group Holdings'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.

IG Group Holdings Scaled Net Operating Assets Chart

IG Group Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.38 0.42 0.46 0.42

IG Group Holdings Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.70 0.30 0.39 0.47 0.48

Competitive Comparison of IG Group Holdings's Scaled Net Operating Assets

For the Capital Markets subindustry, IG Group Holdings'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.


IG Group Holdings's Scaled Net Operating Assets Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IG Group Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where IG Group Holdings's Scaled Net Operating Assets falls into.



IG Group 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.

IG Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in May. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: May. 2023 )
=(Operating Assets (A: May. 2023 )-Operating Liabilities (A: May. 2023 ))/Total Assets (A: May. 2022 )
=(2459.301-825.344)/3888.184
=0.42

where

Operating Assets(A: May. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3739.326 - 1280.025
=2459.301

Operating Liabilities(A: May. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1224.22 - 389.638 - 9.238
=825.344

IG Group Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Nov. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Nov. 2023 )
=(Operating Assets (Q: Nov. 2023 )-Operating Liabilities (Q: Nov. 2023 ))/Total Assets (Q: May. 2023 )
=(2552.114-740.921)/3739.326
=0.48

where

Operating Assets(Q: Nov. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3453.98 - 901.866
=2552.114

Operating Liabilities(Q: Nov. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1138.682 - 387.811 - 9.95
=740.921

* 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.


IG Group Holdings Scaled Net Operating Assets Related Terms

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IG Group Holdings (IG Group Holdings) Business Description

Traded in Other Exchanges
Address
Cannon Bridge House, 25 Dowgate Hill, London, GBR, EC4R 2YA
IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.

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