GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Leong Finance Ltd (SGX:S41) » Definitions » Scaled Net Operating Assets

Hong Leong Finance (SGX:S41) Scaled Net Operating Assets : 0.04 (As of Dec. 2023)


View and export this data going back to 1981. Start your Free Trial

What is Hong Leong Finance 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.

Hong Leong Finance's operating assets for the quarter that ended in Dec. 2023 was S$13,456.5 Mil. Hong Leong Finance's operating liabilities for the quarter that ended in Dec. 2023 was S$12,855.0 Mil. Hong Leong Finance's Total Assets for the quarter that ended in Jun. 2023 was S$14,530.3 Mil. Therefore, Hong Leong Finance's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.04.


Hong Leong Finance 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.

Hong Leong Finance'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 )
=(13456.452-12854.955)/14275.512
=0.04

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14957.616 - 1501.164
=13456.452

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12897.336 - 42.381 - 0
=12854.955

Hong Leong Finance'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: Jun. 2023 )
=(13456.452-12854.955)/14530.294
=0.04

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14957.616 - 1501.164
=13456.452

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12897.336 - 42.381 - 0
=12854.955

* 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.


Hong Leong Finance Scaled Net Operating Assets Related Terms

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


Hong Leong Finance (SGX:S41) Business Description

Traded in Other Exchanges
N/A
Address
16 Raffles Quay, No. 01-05, Hong Leong Building, Singapore, SGP, 048581
Hong Leong Finance Ltd offers banking services to business enterprises and retail customers. It specializes in working with small and medium enterprises and offers a variety of credit and loan options for them. For retail customers, Hong Leong offers home and car loans. Net interest income accounts for around 80% of the company's total revenue. Hong Leong generates its remaining revenue through fees and commissions for its advisory and corporate finance services. Hong Leong operates exclusively in Singapore.