GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Oportun Financial Corp (NAS:OPRT) » Definitions » Scaled Net Operating Assets

Oportun Financial (Oportun Financial) Scaled Net Operating Assets : 0.92 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Oportun 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.

Oportun Financial's operating assets for the quarter that ended in Mar. 2024 was $3,208.3 Mil. Oportun Financial's operating liabilities for the quarter that ended in Mar. 2024 was $65.2 Mil. Oportun Financial's Total Assets for the quarter that ended in Dec. 2023 was $3,411.9 Mil. Therefore, Oportun Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.92.

Oportun 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.

Oportun Financial'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 )
=(3320.701--221.013)/3613.695
=0.98

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3411.888 - 91.187
=3320.701

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3007.484 - 2938.546 - 289.951
=-221.013

Oportun Financial'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 )
=(3208.301-65.16)/3411.888
=0.92

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3277.501 - 69.2
=3208.301

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2895.529 - 2830.369 - 0
=65.16

* 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.

Oportun Financial Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Oportun Financial's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Oportun Financial (Oportun Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Oportun Financial Corp (NAS:OPRT) » Definitions » Scaled Net Operating Assets
Comparable Companies
PMTS XYF CPSS YRD CFNB MFIN RM FOA LX SEZL V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
4L0:Germany
Address
2 Circle Star Way, San Carlos, CA, USA, 94070
Website
https://www.oportun.com
Oportun Financial Corp is engaged in providing financial services to people who either do not have a credit score or who may have a limited credit history. The company offers Personal Loans and Auto Loans to its customers. Its product offerings include small-dollar, unsecured installment loans and other products and services.
Executives
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Kathleen I. Layton officer: Chief Legal Officer 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Jonathan Aaron Coblentz officer: CFO & Chief Admin Officer 23 WEST 73RD STREET, APT 914, NEW YORK NY 10023
Raul Vazquez director, officer: Chief Executive Officer 500 STAPLES DR., FRAMINGHAM MA 01702
Aida Alvarez director 5995 PLAZA DRIVE MAIL ST CY20-103, CYPRESS CA 90630
Casey Mueller officer: Global Controller and PAO 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Patrick Kirscht officer: Chief Credit Officer 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Ginny Lee director 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Sandra Adele Smith director 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Frederic Welts director GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
Roy Banks director 6129 WEST 9600 NORTH, HIGHLAND UT 84003
Greylock Xii Gp Llc 10 percent owner 2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
David Anthony Needham officer: Chief Technology Officer 2 CIRCLE STAR WAY, SAN CARLOS CA 94070
Joan Aristei officer: GC & Chief Compliance Officer 2 CIRCLE STAR WAY, SAN CARLOS CA 94070