Muscat Finance CoOG (MUS:MFCI) Scaled Net Operating Assets : 0.75 (As of Dec. 2023)

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What is Muscat Finance CoOG 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.

Muscat Finance CoOG's operating assets for the quarter that ended in Dec. 2023 was ر.ع96.03 Mil. Muscat Finance CoOG's operating liabilities for the quarter that ended in Dec. 2023 was ر.ع19.17 Mil. Muscat Finance CoOG's Total Assets for the quarter that ended in Dec. 2022 was ر.ع102.94 Mil. Therefore, Muscat Finance CoOG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.75.

Muscat Finance CoOG 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.

Muscat Finance CoOG's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(96.031	-	19.167)	/	102.943
=	0.75

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	98.033	-	2.002
=	96.031

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	59.809	-	40.642	-	0
=	19.167

Muscat Finance CoOG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(96.031	-	19.167)	/	102.943
=	0.75

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	98.033	-	2.002
=	96.031

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	59.809	-	40.642	-	0
=	19.167

* 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.

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Muscat Finance CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Muscat Finance Co Ltd SAOG (MUS:MFCI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 888, Ruwi, Muscat, OMN, 112

Website

https://www.muscatfinance.com

Muscat Finance Co Ltd SAOG operates as a non-banking finance company. The company provides financing of vehicles, equipment, warehouse financing, and plant and machinery to businesses in the form of financial leasing. The company also provides short-term finance in the form of factoring of receivables. The company provides loans to individual customers for purchasing vehicles and consumer durables for their personal use. The company's products include hire purchase financing, equipment leasing, debt factoring, working capital financing, and consumer durable loans. All of the operations of the company are carried out in the Sultanate of Oman.