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LOLC Finance (COL:LOFC.N0000) Scaled Net Operating Assets : 0.36 (As of Dec. 2023)


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What is LOLC Finance 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.

LOLC Finance's operating assets for the quarter that ended in Dec. 2023 was රු355,657 Mil. LOLC Finance's operating liabilities for the quarter that ended in Dec. 2023 was රු225,604 Mil. LOLC Finance's Total Assets for the quarter that ended in Sep. 2023 was රු366,016 Mil. Therefore, LOLC Finance's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.36.

LOLC 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.

LOLC Finance'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 )
=(341868.991-219826.201)/311567.068
=0.39

where

Operating Assets(A: Mar. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=360847.738 - 18978.747
=341868.991

Operating Liabilities(A: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=260039.51 - 40213.309 - 0
=219826.201

LOLC Finance'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 )
=(355657.446-225603.984)/366016.32
=0.36

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=372502.274 - 16844.828
=355657.446

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=255985.94 - 30381.956 - 0
=225603.984

* 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.

LOLC Finance Scaled Net Operating Assets Related Terms

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LOLC Finance (COL:LOFC.N0000) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LOLC Finance PLC (COL:LOFC.N0000) » Definitions » Scaled Net Operating Assets
Comparable Companies
COL:LOLC.N0000 COL:LFIN.N0000 COL:CFIN.N0000 COL:PLC.N0000 COL:CDB.N0000 COL:COCR.N0000 COL:CSF.N0000 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN SYF BOM:543257 BOM:532810
Traded in Other Exchanges
N/A
Address
No. 100/1 Sri Jayewardenepura Mawatha, Rajagiriya, Colombo, LKA
Website
https://www.lolcfinance.com
LOLC Finance PLC is a finance company. The company provides leasing, hire purchase, margin trading, loans, property development, mobilization of public deposits, and Islamic financing services. It has three reportable segments namely SME Finance; Development Finance and Alternative Financial Services. It generates maximum revenue from the SME Finance segment.