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First Foundation (FRA:8F1) Scaled Net Operating Assets : 0.03 (As of Mar. 2024)


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What is First Foundation 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.

First Foundation's operating assets for the quarter that ended in Mar. 2024 was €10,304.9 Mil. First Foundation's operating liabilities for the quarter that ended in Mar. 2024 was €9,916.3 Mil. First Foundation's Total Assets for the quarter that ended in Dec. 2023 was €12,221.1 Mil. Therefore, First Foundation's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.03.

First Foundation 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.

First Foundation'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 )
=(11004.567-9921.438)/12285.385
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12221.086 - 1216.519
=11004.567

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11372.547 - 1451.109 - 0
=9921.438

First Foundation'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 )
=(10304.942-9916.344)/12221.086
=0.03

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12499.373 - 2194.431
=10304.942

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11644.938 - 1728.594 - 0
=9916.344

* 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.

First Foundation Scaled Net Operating Assets Related Terms

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First Foundation (FRA:8F1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Foundation Inc (FRA:8F1) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
FFWM:USA
Address
200 Crescent Court, Suite 1400, Dallas, TX, USA, 75201
Website
https://www.ff-inc.com
First Foundation Inc is a financial services company. It is engaged in providing investment management and financial planning services for high net-worth individuals, retirement plans, charitable institutions, and private foundations. The company focuses on segments namely Banking and Wealth Management. It also offers loans to individuals and entities that own and operate multifamily residential and commercial real estate properties as well as business banking products and services to small to moderate-sized businesses, professional firms, and consumer banking products and services to individuals.