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loanDepot (FRA:LDD) Scaled Net Operating Assets : 0.73 (As of Mar. 2024)


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What is loanDepot 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.

loanDepot's operating assets for the quarter that ended in Mar. 2024 was €5,142.4 Mil. loanDepot's operating liabilities for the quarter that ended in Mar. 2024 was €1,037.0 Mil. loanDepot's Total Assets for the quarter that ended in Dec. 2023 was €5,640.5 Mil. Therefore, loanDepot's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.73.

loanDepot 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.

loanDepot'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 )
=(5034.643-1078.671)/6239.778
=0.63

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5640.511 - 605.868
=5034.643

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4994.499 - 1231.02 - 2684.808
=1078.671

loanDepot'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 )
=(5142.438-1036.993)/5640.511
=0.73

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5697.808 - 555.37
=5142.438

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5111.454 - 1262.865 - 2811.596
=1036.993

* 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.

loanDepot Scaled Net Operating Assets Related Terms

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loanDepot (FRA:LDD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » loanDepot Inc (FRA:LDD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
LDI:USA
Address
26642 Towne Centre Drive, Foothill Ranch, CA, USA, 92610
Website
https://www.loandepot.com
loanDepot Inc provides nonbank consumer lending solutions for individuals in the United States. It offers personal, residential home, home refinancing, mortgage and home equity loans. It also provides online mortgage loans for refinancing and home purchases. It serves customers through distribution channels, including consumer direct centres, retail branches, wholesale centres, and consumer finance and servicing centres in the United States. It competes with commercial banks and financial institutions. The Company is subject to governmental laws and regulations.