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First Business Financial Services (FRA:45D) Scaled Net Operating Assets : 0.09 (As of Mar. 2024)


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What is First Business Financial Services 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.

First Business Financial Services's operating assets for the quarter that ended in Mar. 2024 was €2,893.6 Mil. First Business Financial Services's operating liabilities for the quarter that ended in Mar. 2024 was €2,615.7 Mil. First Business Financial Services's Total Assets for the quarter that ended in Dec. 2023 was €3,216.7 Mil. Therefore, First Business Financial Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.09.


First Business Financial Services 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.

First Business Financial Services'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 )
=(3088.764-2639.482)/2809.921
=0.16

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3216.695 - 127.931
=3088.764

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2951.143 - 311.661 - 0
=2639.482

First Business Financial Services'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 )
=(2893.587-2615.733)/3216.695
=0.09

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3248.849 - 355.262
=2893.587

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2974.884 - 359.151 - 0
=2615.733

* 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.


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First Business Financial Services (FRA:45D) Business Description

Traded in Other Exchanges
Address
401 Charmany Drive, Madison, WI, USA, 53719
First Business Financial Services Inc operates as a bank holding company. The Bank operates as a business bank, focusing on delivering a full line of commercial banking products including commercial loans and commercial real estate loans, to meet the specific needs of small and medium-sized businesses, business owners, executives, professionals, and high-net-worth individuals. The company's products and services include commercial lending, SBA lending and servicing, asset-based lending, equipment financing, factoring, trust, and investment services, treasury management services, and a broad range of deposit products. Geographically all the business activity functioned through the region of the United States.