Inner East Community Finance (XNEC:IEC) Scaled Net Operating Assets: 0.58 (As of Jun. 2024)

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XNEC:IEC Inner East Community Finance Ltd XNEC:IEC
17 GF Score
Price A$1.50
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What is Inner East Community Finance Scaled Net Operating Assets?

Inner East Community Finance XNEC:IEC 17 Scaled Net Operating Assets is 0.58 as of Jun. 2024. GuruFocus rates XNEC:IEC with a GF Score™ of 17/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Inner East Community Finance's operating assets for the quarter that ended in Jun. 2024 was A$4.63 Mil. Inner East Community Finance's operating liabilities for the quarter that ended in Jun. 2024 was A$1.13 Mil. Inner East Community Finance's Total Assets for the quarter that ended in Dec. 2023 was A$6.01 Mil. Therefore, Inner East Community Finance's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.58.


Inner East Community Finance Scaled Net Operating Assets Historical Data

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The historical data trend for Inner East Community Finance's Scaled Net Operating Assets can be seen below:

* 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.

Inner East Community Finance Scaled Net Operating Assets Chart

Inner East Community Finance Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.55 -1.02 -4.02 -0.19 1.65

Inner East Community Finance Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.32 0.40 -0.12 1.34 0.58

XNEC:IEC vs PWR, EME, FIX: Scaled Net Operating Assets Comparison

For the Engineering & Construction subindustry, Inner East Community Finance's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inner East Community Finance Scaled Net Operating Assets vs Construction Industry

For the Construction industry and Industrials sector, Inner East Community Finance's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Inner East Community Finance's Scaled Net Operating Assets falls into.


XNEC:IEC
17GF Score
Inner East Community Finance Ltd XNEC:IEC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Inner East Community Finance 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.

Inner East Community Finance's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2024 )
=(Operating Assets (A: Jun. 2024 )-Operating Liabilities (A: Jun. 2024 ))/Total Assets (A: Jun. 2023 )
=(4.628-1.125)/2.119
=1.65

where

Operating Assets(A: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.809 - 1.181
=4.628

Operating Liabilities(A: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.125 - 0 - 0
=1.125

Inner East Community Finance's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(4.628-1.125)/6.008
=0.58

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5.809 - 1.181
=4.628

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.125 - 0 - 0
=1.125

* 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.

What does a Scaled Net Operating Assets of 0.58 mean?
Inner East Community Finance (XNEC:IEC) has a Scaled Net Operating Assets of 0.58 as of Jun. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Inner East Community Finance and its competitors.
Is Inner East Community Finance's Scaled Net Operating Assets too high?
Inner East Community Finance's current Scaled Net Operating Assets is 0.58. Overall, Inner East Community Finance has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Inner East Community Finance's Scaled Net Operating Assets compare to PWR and EME?
Inner East Community Finance's Scaled Net Operating Assets of 0.58 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Construction company?
A good Scaled Net Operating Assets depends on the Construction industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Inner East Community Finance and its competitors. Inner East Community Finance's current Scaled Net Operating Assets is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner East Community Finance stock overvalued right now?
Inner East Community Finance (XNEC:IEC) has a current Scaled Net Operating Assets of 0.58. The current Scaled Net Operating Assets is 0.58. Inner East Community Finance's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Inner East Community Finance (XNEC:IEC), the current Scaled Net Operating Assets is 0.58 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Inner East Community Finance Business Description

Address 143 Maling Road, Canterbury, Melbourne, VIC, AUS, 3126
Inner East Community Finance Ltd is engaged in providing community bank branch services under management rights to operate four franchised branches of Bendigo and Adelaide Bank Limited in Canterbury, Surrey Hills, Ashburton, and Balwyn, Victoria. The company focuses on delivering banking and social enterprise services, while maximising profits and returning shareholder value. It offers traditional banking products and services such as home loans, credit cards, accounts, insurance, personal and business loans, etc, and directs a substantial portion of its profits back into the local community through grants and sponsorships.
17GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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