GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heartland Group Holdings Ltd (STU:73X) » Definitions » Scaled Net Operating Assets

Heartland Group Holdings (STU:73X) Scaled Net Operating Assets : 0.38 (As of Dec. 2023)


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

What is Heartland Group Holdings 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.

Heartland Group Holdings's operating assets for the quarter that ended in Dec. 2023 was €4,123.3 Mil. Heartland Group Holdings's operating liabilities for the quarter that ended in Dec. 2023 was €2,437.4 Mil. Heartland Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was €4,385.5 Mil. Therefore, Heartland Group Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.38.

Heartland Group Holdings 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.

Heartland Group Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(4036.235-2380.014)/4261.365
=0.39

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4385.51 - 349.275
=4036.235

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3801.696 - 273.659 - 1148.023
=2380.014

Heartland Group Holdings'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 )
=(4123.25-2437.404)/4385.51
=0.38

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4525.39 - 402.14
=4123.25

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3942.621 - 1410.702 - 94.515
=2437.404

* 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.

Heartland Group Holdings Scaled Net Operating Assets Related Terms

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

Heartland Group Holdings (STU:73X) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Heartland Group Holdings Ltd (STU:73X) » Definitions » Scaled Net Operating Assets
Comparable Companies
NZSE:GEN NZSE:BGI COOP PFSI NSE:LICHSGFIN NSE:PNBHOUSING WD BOM:543335 TSX:FN BOM:541988 LSE:OSB LSE:PAG BOM:511196 BOM:543259 RKT BOM:535789 ECPG FNMA GHLD SAU:1183
Traded in Other Exchanges
HGH:New Zealand 73X:Germany HGH:Australia
Address
35 Teed Street, Level 3, Heartland House, Newmarket, Auckland, NZL, 1023
Website
https://www.heartland.co.nz
Heartland Group Holdings Ltd is engaged in the operation of the reverse mortgage. Geographically it operates in both New Zealand and Australia. It offers business loans, rural loans, home loans, car loans , personal lending services and others. Further, it is also involved in saving and deposits activity and also provides internet banking services.