GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » OppFi Inc (NYSE:OPFI) » Definitions » Scaled Net Operating Assets

OppFi (OPFI) Scaled Net Operating Assets : 0.85 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is OppFi 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.

OppFi's operating assets for the quarter that ended in Dec. 2023 was $569.8 Mil. OppFi's operating liabilities for the quarter that ended in Dec. 2023 was $58.3 Mil. OppFi's Total Assets for the quarter that ended in Sep. 2023 was $600.6 Mil. Therefore, OppFi's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.85.


OppFi Scaled Net Operating Assets Historical Data

The historical data trend for OppFi's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

OppFi Scaled Net Operating Assets Chart

OppFi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
- - 1.50 1.01 0.88

OppFi Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.87 0.83 0.89 0.90 0.85

Competitive Comparison of OppFi's Scaled Net Operating Assets

For the Credit Services subindustry, OppFi's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OppFi's Scaled Net Operating Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, OppFi's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where OppFi's Scaled Net Operating Assets falls into.



OppFi 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.

OppFi'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 )
=(569.752-58.337)/579.839
=0.88

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=601.543 - 31.791
=569.752

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=407.514 - 349.177 - 0
=58.337

OppFi'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 )
=(569.752-58.337)/600.592
=0.85

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=601.543 - 31.791
=569.752

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=407.514 - 349.177 - 0
=58.337

* 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.


OppFi Scaled Net Operating Assets Related Terms

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


OppFi (OPFI) Business Description

Traded in Other Exchanges
N/A
Address
130 East Randolph Street, Suite 3400, Chicago, IL, USA, 60601
OppFi Inc is a financial technology platform that powers banks to help the everyday consumer gain access to credit with digital specialty finance products.
Executives
Christopher J. Mckay officer: Chief Risk & Analytics Officer 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Pamela D. Johnson officer: Chief Accounting Officer 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Jocelyn Moore director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Todd G. Schwartz director, 10 percent owner 105 S. MAPLE STREET, ITASCA IL 60143
Theodore G Schwartz director, 10 percent owner C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
David Vennettilli director 105 S. MAPLE STREET, ITASCA IL 60143
Blackstone Aqua Master Sub-fund, A Sub-fund Of Blackstone Global Master Fund Icav 10 percent owner 345 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Alternative Solutions L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE., NEW YORK NY 10154
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Blackstone Group Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Christina M Favilla director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Neville Crawley officer: President 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601