SLM (FRA:SM1) Scaled Net Operating Assets : 0.11 (As of Mar. 2024)

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What is SLM 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.

SLM's operating assets for the quarter that ended in Mar. 2024 was €22,311 Mil. SLM's operating liabilities for the quarter that ended in Mar. 2024 was €19,492 Mil. SLM's Total Assets for the quarter that ended in Dec. 2023 was €26,748 Mil. Therefore, SLM's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.

SLM 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.

SLM'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 )
=	(22943.001	-	20230.082)	/	27197.611
=	0.10

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	26748.402	-	3805.401
=	22943.001

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	25023.711	-	4793.629	-	0
=	20230.082

SLM'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 )
=	(22310.868	-	19491.729)	/	26748.402
=	0.11

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	26015.099	-	3704.231
=	22310.868

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	24070.46	-	4578.731	-	0
=	19491.729

* 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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SLM (FRA:SM1) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SLMBP.PFD:USA SLM:USA SM1:Germany

Address

300 Continental Drive, Newark, DE, USA, 19713

Website

https://www.salliemae.com

SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.