Vanquis Banking Group (Vanquis Banking Group) Scaled Net Operating Assets : 0.16 (As of Dec. 2023)

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What is Vanquis Banking Group 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.

Vanquis Banking Group's operating assets for the quarter that ended in Dec. 2023 was $3,120.8 Mil. Vanquis Banking Group's operating liabilities for the quarter that ended in Dec. 2023 was $2,534.4 Mil. Vanquis Banking Group's Total Assets for the quarter that ended in Jun. 2023 was $3,641.4 Mil. Therefore, Vanquis Banking Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.16.

Vanquis Banking Group 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.

Vanquis Banking Group'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 )
=	(3120.76	-	2534.43)	/	3243.971
=	0.18

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4061.646	-	940.886
=	3120.76

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3323.544	-	789.114	-	0
=	2534.43

Vanquis Banking Group'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: Jun. 2023 )
=	(3120.76	-	2534.43)	/	3641.414
=	0.16

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4061.646	-	940.886
=	3120.76

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3323.544	-	789.114	-	0
=	2534.43

* 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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Vanquis Banking Group (Vanquis Banking Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Vanquis Banking Group plc (OTCPK:FPLPF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

VANQl:UK VANQ:UK

Address

No. 1 Godwin Street, Bradford, West Yorkshire, GBR, BD1 2SU

Website

https://www.vanquisbankinggroup.com

Vanquis Banking Group plc is a specialist bank, focused on the mid cost credit market. It offers credit cards and loans as Vanquis and Vehicle Finance as Moneybarn. All are delivered online and are built with customer flexibility in mind.