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

National Finance CoOG (MUS:NFCI) Scaled Net Operating Assets : 0.92 (As of Sep. 2024)


View and export this data going back to 1989. Start your Free Trial

What is National 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.

National Finance CoOG's operating assets for the quarter that ended in Sep. 2024 was ر.ع587.25 Mil. National Finance CoOG's operating liabilities for the quarter that ended in Sep. 2024 was ر.ع69.50 Mil. National Finance CoOG's Total Assets for the quarter that ended in Jun. 2024 was ر.ع562.72 Mil. Therefore, National Finance CoOG's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.92.


National 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.

National 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 )
=(506.677-54.393)/451.144
=1.00

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=512.486 - 5.809
=506.677

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=406.247 - 351.854 - 0
=54.393

National Finance CoOG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(587.245-69.503)/562.724
=0.92

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=594.991 - 7.746
=587.245

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=451.295 - 381.792 - 0
=69.503

* 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.


National Finance CoOG Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of National Finance CoOG's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


National Finance CoOG Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1706, Ruwi, OMN, 112
National Finance Co SAOG is a financial institution. The company is engaged in the leasing business. It offers a wide range of financial products to corporate and retail customers with a key focus on Small and Medium Enterprises. The company offers vehicle finance, consumer durables finance, special schemes, equipment finance, corporate deposits, and factoring services.