GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (NAS:NEWT) » Definitions » Scaled Net Operating Assets

NEWT (NewtekOne) Scaled Net Operating Assets : 0.47 (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is NewtekOne 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.

NewtekOne's operating assets for the quarter that ended in Sep. 2024 was $1,496.0 Mil. NewtekOne's operating liabilities for the quarter that ended in Sep. 2024 was $731.7 Mil. NewtekOne's Total Assets for the quarter that ended in Jun. 2024 was $1,617.0 Mil. Therefore, NewtekOne's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.47.

NewtekOne 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.

NewtekOne'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 )
=(1276.426-529.393)/998.902
=0.75

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1429.513 - 153.087
=1276.426

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1180.467 - 589.814 - 61.26
=529.393

NewtekOne'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 )
=(1495.954-731.668)/1617.004
=0.47

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1674.17 - 178.216
=1495.954

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1392.385 - 652.932 - 7.785
=731.668

* 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.

NewtekOne Scaled Net Operating Assets Related Terms

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

NewtekOne Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (NAS:NEWT) » Definitions » Scaled Net Operating Assets
Comparable Companies
NECB DBIN FRBA AMBZ SSBK FSBW INBK RRBI CIVB HBCP NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN PNC USB ISX:BBCA HKSE:01658
Traded in Other Exchanges
0K7X:UK 1N31:Germany 1N31:Germany
Address
4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431
Website
https://www.newtekone.com
NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions. It has four reportable segments Banking, Technology, NSBF, and Payments.
Executives
Barry Sloane director, officer: CEO and President
Gregory L Zink director 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Salvatore Francis Mulia director 4 WHITNEY STREET EXTENSION, WESTPORT CT 06880
Michael Scott Price officer: Chief Financial Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicolas Young officer: Chief Risk Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Peter Mathison Downs director 1440 PINEACRES BLVD, BAY SHORE NY 11706
Fernando Perez-hickman director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicholas J Leger officer: Chief Accounting Officer 348 ALFRED STREET, NORTH BABYLON NY 11703
Michael Adam Schwartz officer: Chief Legal Officer, Secretary C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Halli Razon-feingold director 4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019
Christopher Towers officer: Chief Accounting Officer 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Sam Kirschner director 60 EAST 8TH STREET, #20K, NEW YORK NY 10003
Nilesh Joshi officer: Chief Information Officer 5617 W. MOLLY LANE, PHOENIX AZ 85083
Dean Choksi officer: Treasurer 212 WEST 35TH STREET, FLOOR 2, NEW YORK NY 10001