Versailles Financial (Versailles Financial) Scaled Net Operating Assets : 0.19 (As of Sep. 2012)

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What is Versailles Financial 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.

Versailles Financial's operating assets for the quarter that ended in Sep. 2012 was $38.18 Mil. Versailles Financial's operating liabilities for the quarter that ended in Sep. 2012 was $29.67 Mil. Versailles Financial's Total Assets for the quarter that ended in Jun. 2012 was $45.26 Mil. Therefore, Versailles Financial's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2012 was 0.19.

Versailles Financial 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.

Versailles Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2012 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2012 )
=	(Operating Assets (A: Jun. 2012 )	-	Operating Liabilities (A: Jun. 2012 ))	/	Total Assets (A: Jun. 2011 )
=	(39.485	-	29.349)	/	44.506
=	0.23

where

	Operating Assets		(A: Jun. 2012 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	45.26	-	5.775
=	39.485

	Operating Liabilities		(A: Jun. 2012 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	34.349	-	5	-	0
=	29.349

Versailles Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2012 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2012 )
=	(Operating Assets (Q: Sep. 2012 )	-	Operating Liabilities (Q: Sep. 2012 ))	/	Total Assets (Q: Jun. 2012 )
=	(38.179	-	29.674)	/	45.26
=	0.19

where

	Operating Assets		(Q: Sep. 2012 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	45.609	-	7.43
=	38.179

	Operating Liabilities		(Q: Sep. 2012 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	34.674	-	5	-	0
=	29.674

* 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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Versailles Financial (Versailles Financial) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

10413 Kley Road, PO Box 92, Versailles, OH, USA, 45380

Website

http://www.versaillessavingsbank.com

Versailles Financial Corp is an Ohio chartered savings and loan company. Its business consists of accepting savings accounts and certificates of deposits from the general public and investing those deposits. The company also offers real estate loans and other services.