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InBankshares (InBankshares) Scaled Net Operating Assets : -0.02 (As of Mar. 2024)


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What is InBankshares 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.

InBankshares's operating assets for the quarter that ended in Mar. 2024 was $1,120.26 Mil. InBankshares's operating liabilities for the quarter that ended in Mar. 2024 was $1,143.35 Mil. InBankshares's Total Assets for the quarter that ended in Dec. 2023 was $1,340.35 Mil. Therefore, InBankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.02.

InBankshares 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.

InBankshares'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 )
=(1241.272-1193.209)/1245.212
=0.04

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1340.349 - 99.077
=1241.272

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1220.885 - 27.676 - 0
=1193.209

InBankshares'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 )
=(1120.257-1143.347)/1340.349
=-0.02

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1328.65 - 208.393
=1120.257

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1207.05 - 63.703 - 0
=1143.347

* 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.

InBankshares Scaled Net Operating Assets Related Terms

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InBankshares (InBankshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » InBankshares Corp (OTCPK:INBC) » Definitions » Scaled Net Operating Assets
Comparable Companies
LARK PSBQ CNBN ARBV HMST SSBI CWBK KISB FKYS HMNF CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
6380 South Fiddlers Green Circle, Suite 108A, Greenwood Village, CO, USA, 80111
Website
https://www.inbank.com
InBankshares Corp is a commercial bank that provides banking and mortgage services to individual and business customers. The company offers business checking, business savings, credit cards, lending, merchant services, treasury management, mortgages, and others.