Avidbank Holdings (Avidbank Holdings) Scaled Net Operating Assets : -0.07 (As of Dec. 2019)

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What is Avidbank 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.

Avidbank Holdings's operating assets for the quarter that ended in Dec. 2019 was $926.70 Mil. Avidbank Holdings's operating liabilities for the quarter that ended in Dec. 2019 was $993.59 Mil. Avidbank Holdings's Total Assets for the quarter that ended in Dec. 2018 was $916.91 Mil. Therefore, Avidbank Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2019 was -0.07.

Avidbank 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.

Avidbank Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2019 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2019 )
=	(Operating Assets (A: Dec. 2019 )	-	Operating Liabilities (A: Dec. 2019 ))	/	Total Assets (A: Dec. 2018 )
=	(978.709	-	993.592)	/	916.905
=	-0.02

where

	Operating Assets		(A: Dec. 2019 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1131.557	-	152.848
=	978.709

	Operating Liabilities		(A: Dec. 2019 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1015.162	-	21.57	-	0
=	993.592

Avidbank Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2019 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2019 )
=	(Operating Assets (Q: Dec. 2019 )	-	Operating Liabilities (Q: Dec. 2019 ))	/	Total Assets (Q: Dec. 2018 )
=	(926.695	-	993.592)	/	916.905
=	-0.07

where

	Operating Assets		(Q: Dec. 2019 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1131.557	-	204.862
=	926.695

	Operating Liabilities		(Q: Dec. 2019 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1015.162	-	21.57	-	0
=	993.592

* 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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Avidbank Holdings (Avidbank Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avidbank Holdings Inc (OTCPK:AVBH) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1732 North 1st Street, 6th Floor, San Jose, CA, USA, 95112

Website

https://www.avidbank.com

Avidbank Holdings Inc is a full-service commercial bank. It offers various services such as commercial and industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, real estate construction, and commercial real estate lending.