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NewtekOne (FRA:1N31) Scaled Net Operating Assets : 0.54 (As of Mar. 2024)


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What is NewtekOne 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.

NewtekOne's operating assets for the quarter that ended in Mar. 2024 was €1,245.7 Mil. NewtekOne's operating liabilities for the quarter that ended in Mar. 2024 was €539.7 Mil. NewtekOne's Total Assets for the quarter that ended in Dec. 2023 was €1,310.9 Mil. Therefore, NewtekOne's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.54.

NewtekOne 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.

NewtekOne'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 )
=(1170.482-485.454)/942.963
=0.73

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1310.863 - 140.381
=1170.482

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1082.488 - 540.859 - 56.175
=485.454

NewtekOne's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1245.683-539.684)/1310.863
=0.54

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1388.811 - 143.128
=1245.683

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1155.009 - 517.589 - 97.736
=539.684

* 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.

NewtekOne Scaled Net Operating Assets Related Terms

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NewtekOne (FRA:1N31) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (FRA:1N31) » Definitions » Scaled Net Operating Assets
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CWBC FFWM DBIN BWB MOFG RRBI GNTY BSRR EBTC RBB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
NEWT:USA
Address
4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431
Website
https://www.newtekone.com
NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions.