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Finbond Group (JSE:FGL) Scaled Net Operating Assets : 0.69 (As of Aug. 2024)


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What is Finbond 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.

Finbond Group's operating assets for the quarter that ended in Aug. 2024 was R3,626 Mil. Finbond Group's operating liabilities for the quarter that ended in Aug. 2024 was R676 Mil. Finbond Group's Total Assets for the quarter that ended in Feb. 2024 was R4,278 Mil. Therefore, Finbond Group's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2024 was 0.69.

Finbond 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.

Finbond Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Feb. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Feb. 2024 )
=(Operating Assets (A: Feb. 2024 )-Operating Liabilities (A: Feb. 2024 ))/Total Assets (A: Feb. 2023 )
=(3748.491-725.126)/4021.225
=0.75

where

Operating Assets(A: Feb. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4278.331 - 529.84
=3748.491

Operating Liabilities(A: Feb. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3446.373 - 2721.247 - 0
=725.126

Finbond Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2024 )
=(Operating Assets (Q: Aug. 2024 )-Operating Liabilities (Q: Aug. 2024 ))/Total Assets (Q: Feb. 2024 )
=(3626.489-676.029)/4278.331
=0.69

where

Operating Assets(Q: Aug. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4203.08 - 576.591
=3626.489

Operating Liabilities(Q: Aug. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3569.167 - 2893.138 - 0
=676.029

* 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.

Finbond Group Scaled Net Operating Assets Related Terms

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Finbond Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Finbond Group Ltd (JSE:FGL) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
446 Rigel Avenue South, Rigel Park, Erasmusrand, Pretoria, GT, ZAF, 0181
Website
https://www.finbondgroup.com
Finbond Group Ltd is a financial services institution that is engaged in the design and delivery of value and solution-based savings, credit, and insurance solutions tailored to depositor and borrower requirements. The company's business segments are Deposit and Debt Finance Products, Lending, Property investment, and Transactional banking. It derives key revenue from the Lending segment.