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Navient (LTS:0K5R) Scaled Net Operating Assets : 0.93 (As of Dec. 2024)


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What is Navient 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.

Navient's operating assets for the quarter that ended in Dec. 2024 was $51,067.0 Mil. Navient's operating liabilities for the quarter that ended in Dec. 2024 was $1,242.0 Mil. Navient's Total Assets for the quarter that ended in Sep. 2024 was $53,440.0 Mil. Therefore, Navient's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.93.

Navient 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.

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

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(51067-1242)/61375
=0.81

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=51789 - 722
=51067

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=49148 - 43918 - 3988
=1242

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(51067-1242)/53440
=0.93

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=51789 - 722
=51067

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=49148 - 43918 - 3988
=1242

* 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.

Navient Scaled Net Operating Assets Related Terms

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Navient Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Navient Corp (LTS:0K5R) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
NAVI:USA 10D:Germany
Address
13865 Sunrise Valley Drive, Herndon, VA, USA, 20171
Website
https://www.navient.com
Navient Corp provides technology-enabled education finance solutions that simplify complex programs and help millions of people achieve success. The company operates its business in three segments: Federal Education Loans, Consumer Lending, and Business Processing. A majority of its revenue is generated from the Federal Education Loans segment, in which the company owns and manages the Federal Family Education Loan Program (FFELP) loans, generating revenue mainly in the form of net interest income. The Consumer Lending segment owns and manages private education loans and is the master servicer for these portfolios. Through its Earnest brand, the company also refinances and originates in-school private educational loans.