Taichung Commercial Bank Co (TPE:2812) Scaled Net Operating Assets : 0.04 (As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Taichung Commercial Bank Co 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.

Taichung Commercial Bank Co's operating assets for the quarter that ended in Mar. 2024 was NT$828,355 Mil. Taichung Commercial Bank Co's operating liabilities for the quarter that ended in Mar. 2024 was NT$794,631 Mil. Taichung Commercial Bank Co's Total Assets for the quarter that ended in Dec. 2023 was NT$877,948 Mil. Therefore, Taichung Commercial Bank Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.04.

Taichung Commercial Bank Co 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.

Taichung Commercial Bank Co'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 )
=	(807018.888	-	783838.923)	/	807962.828
=	0.03

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	877947.789	-	70928.901
=	807018.888

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	801432.805	-	17593.882	-	0
=	783838.923

Taichung Commercial Bank Co'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 )
=	(828354.506	-	794631.188)	/	877947.789
=	0.04

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	891104.739	-	62750.233
=	828354.506

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	812181.363	-	17550.175	-	0
=	794631.188

* 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.

Taichung Commercial Bank Co Scaled Net Operating Assets Related Terms

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

Taichung Commercial Bank Co (TPE:2812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Taichung Commercial Bank Co Ltd (TPE:2812) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 87, Mincyuan Road, West District, Taichung, TWN, 40341

Website

https://www.tcbbank.com.tw

Taichung Commercial Bank Co Ltd is a provider of banking products and services in Taiwan. The company earns the majority of revenue domestically and derives a small portion of revenue from operations in the rest of Asia and America. Segements are Northern area, Central area, Southern area, OBU, Overseas branch, Head office and others. The bank provides deposits, corporate loans, syndicated loans, mortgages, automobile loans, credit cards, foreign exchange, Internet banking, ATMs, securities trading, long-term investment, wealth management, trust services, insurance brokerage, leasing, and international banking to its customers, both individuals and businesses.