Chesapeake Financial Shares (Chesapeake Financial Shares) Scaled Net Operating Assets : -0.28 (As of Mar. 2024)

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

What is Chesapeake Financial Shares 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.

Chesapeake Financial Shares's operating assets for the quarter that ended in Mar. 2024 was $944.12 Mil. Chesapeake Financial Shares's operating liabilities for the quarter that ended in Mar. 2024 was $1,354.13 Mil. Chesapeake Financial Shares's Total Assets for the quarter that ended in Dec. 2023 was $1,471.05 Mil. Therefore, Chesapeake Financial Shares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.28.

Chesapeake Financial Shares 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.

Chesapeake Financial Shares'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 )
=	(1401.866	-	1284.92)	/	1328.997
=	0.09

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1471.047	-	69.181
=	1401.866

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1372.504	-	25.155	-	62.429
=	1284.92

Chesapeake Financial Shares'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 )
=	(944.12	-	1354.133)	/	1471.047
=	-0.28

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1511.866	-	567.746
=	944.12

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1409.288	-	25.155	-	30
=	1354.133

* 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.

Chesapeake Financial Shares Scaled Net Operating Assets Related Terms

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

Chesapeake Financial Shares (Chesapeake Financial Shares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chesapeake Financial Shares Inc (OTCPK:CPKF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

97 North Main Street, P.O. Box 1419, Kilmarnock, VA, USA, 22482

Website

https://www.chesapeakefinancialshares.com

Chesapeake Financial Shares Inc is engaged in the business of full-service lending, providing deposit services to individuals and businesses and offering brokerage, trust, and estate management services. The company's loan portfolio includes segments; Commercial loans include both secured and unsecured loans for working capital, expansion, and other business purposes, Commercial-Real Estate: Loans secured by commercial real estate, Consumer-Non-Real Estate, and Residential-Real Estate. The company operates through its network of branches located throughout the Northern Neck, Middle Peninsula, Williamsburg, James City County, and Richmond areas of Virginia.