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Nicholas Financial (Nicholas Financial) Scaled Net Operating Assets : 0.68 (As of Dec. 2023)


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What is Nicholas 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.

Nicholas Financial's operating assets for the quarter that ended in Dec. 2023 was $52.17 Mil. Nicholas Financial's operating liabilities for the quarter that ended in Dec. 2023 was $0.94 Mil. Nicholas Financial's Total Assets for the quarter that ended in Sep. 2023 was $75.85 Mil. Therefore, Nicholas Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.68.

Nicholas 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.

Nicholas Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2023 )
=(Operating Assets (A: Mar. 2023 )-Operating Liabilities (A: Mar. 2023 ))/Total Assets (A: Mar. 2022 )
=(109.894-1.427)/183.57
=0.59

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=110.348 - 0.454
=109.894

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=30.539 - 0.176 - 28.936
=1.427

Nicholas Financial'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: Sep. 2023 )
=(52.174-0.938)/75.849
=0.68

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=59.991 - 7.817
=52.174

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.938 - 0 - 0
=0.938

* 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.

Nicholas Financial Scaled Net Operating Assets Related Terms

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Nicholas Financial (Nicholas Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Nicholas Financial Inc (NAS:NICK) » Definitions » Scaled Net Operating Assets
Comparable Companies
OPFI FOA NISN PT MCVT OPRT FAVO AIJTY CAFI SPFX V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 SYF
Traded in Other Exchanges
N/A
Address
2454 McMullen Booth Road, Building C, Suite 501B, Clearwater, FL, USA, 33759
Website
http://www.nicholasfinancial.com
Nicholas Financial Inc is a specialized consumer finance company. It is engaged in acquiring and servicing automobile finance installment contracts for purchases of used and new automobiles and light trucks. It originates direct consumer loans and sells consumer-finance-related products. The majority of its revenue comes from Interest and fee income.
Executives
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Jeffrey C Royal director 5420 NICHOLAS STREET, OMAHA NE 68132
Mark R Hutchins director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Michael Rost officer: interim CEO 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Irina Nashtatik officer: CFO 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Douglas W Marohn officer: Snr. Vice President Branch Ops 2454 MCMULLEN BOOTH RD, BLDG C #501B, CLEARWATER FL 33759
Brendan Joseph Keating director 8918 SPANISH RIDGE AVENUE, SUITE 100, LAS VEGAS NV 89148
Kelly M Malson officer: Chief Financial Officer 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Adam K Peterson director, 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Chad Steinorth officer: Vice President and Interim CFO 2454 MCMULLEN BOOTH ROAD, BUILDING C, CLEARWATER FL 33759
Jeremy Qinli Zhu director 1940 LINDA FLORA DRIVE, LOS ANGELES CA 90077
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Robin Hastings director 2454 MCMULLEN BOOTH RD, BUILDING C, CLEARWATER FL 33759
Todd Pfister director 2454 MCMULLEN BOOTH ROD, BUILDING C, CLEARWATER FL 33759
Mahan Children Llc 10 percent owner 219 7TH STREET, TIERRA VERDE FL 33715