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Bar Harbor Bankshares (FRA:42K) Scaled Net Operating Assets : 0.04 (As of Mar. 2024)


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What is Bar Harbor Bankshares 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.

Bar Harbor Bankshares's operating assets for the quarter that ended in Mar. 2024 was €3,086.7 Mil. Bar Harbor Bankshares's operating liabilities for the quarter that ended in Mar. 2024 was €2,945.4 Mil. Bar Harbor Bankshares's Total Assets for the quarter that ended in Dec. 2023 was €3,641.3 Mil. Therefore, Bar Harbor Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.04.


Bar Harbor Bankshares 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.

Bar Harbor Bankshares'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 )
=(3554.332-2941.112)/3690.854
=0.17

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3641.302 - 86.97
=3554.332

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3245.103 - 55.699 - 248.292
=2941.112

Bar Harbor Bankshares'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 )
=(3086.741-2945.365)/3641.302
=0.04

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3642.257 - 555.516
=3086.741

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3241.4 - 55.915 - 240.12
=2945.365

* 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.


Bar Harbor Bankshares Scaled Net Operating Assets Related Terms

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Bar Harbor Bankshares (FRA:42K) Business Description

Traded in Other Exchanges
Address
82 Main Street, P.O. Box 400, Bar Harbor, ME, USA, 04609-0400
Bar Harbor Bankshares Inc is a bank holding company along with its subsidiaries that offers a full range of financial services products, brokerage services through third-party brokerage arrangements and also trust and investment management services to individuals, businesses, non-profit organizations, and municipalities. Its products and services consist of checking, deposits, cards, mobile banking, online services, loans, merchant services, trust, and fiduciary services, investment planning, education funding, individual retirement planning, insurance, and risk management services.