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Zions Bancorp NA (BSP:Z1IO34) Scaled Net Operating Assets : -0.07 (As of Mar. 2024)


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What is Zions Bancorp NA 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.

Zions Bancorp NA's operating assets for the quarter that ended in Mar. 2024 was R$372,001 Mil. Zions Bancorp NA's operating liabilities for the quarter that ended in Mar. 2024 was R$401,805 Mil. Zions Bancorp NA's Total Assets for the quarter that ended in Dec. 2023 was R$427,277 Mil. Therefore, Zions Bancorp NA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.07.

Zions Bancorp NA 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.

Zions Bancorp NA'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 )
=(416478.1-389264.611)/469699.343
=0.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=427277.259 - 10799.159
=416478.1

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=399392.498 - 2655.692 - 7472.195
=389264.611

Zions Bancorp NA'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 )
=(372001.019-401805.123)/427277.259
=-0.07

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=433541.388 - 61540.369
=372001.019

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=404514.134 - 2709.011 - 0
=401805.123

* 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.

Zions Bancorp NA Scaled Net Operating Assets Related Terms

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Zions Bancorp NA (BSP:Z1IO34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zions Bancorp NA (BSP:Z1IO34) » Definitions » Scaled Net Operating Assets
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BPOP CFR PNFP WTFC CMA PB BOKF SSB WAL SNV NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
ZIONO.PFD:USA ZIONP.PFD:USA ZION:USA ZB1:Germany
Address
One South Main Street, Salt Lake City, UT, USA, 84133-1109
Website
https://www.zionsbancorporation.com
Zions Bancorporation is a regional U.S. bank with core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the Western and Southwestern United States. Zions primarily focuses on providing banking services to small and midsize businesses, with the majority of its loans focused on commercial and commercial real estate lending.