National Bankshares (FRA:9F2) Scaled Net Operating Assets : -0.36 (As of Mar. 2024)

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What is National 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.

National Bankshares's operating assets for the quarter that ended in Mar. 2024 was €881.41 Mil. National Bankshares's operating liabilities for the quarter that ended in Mar. 2024 was €1,425.83 Mil. National Bankshares's Total Assets for the quarter that ended in Dec. 2023 was €1,517.97 Mil. Therefore, National Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.36.

National 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.

National 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 )
=	(1438.559	-	1389.116)	/	1583.608
=	0.03

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1517.974	-	79.415
=	1438.559

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1389.116	-	0	-	0
=	1389.116

National 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 )
=	(881.411	-	1425.831)	/	1517.974
=	-0.36

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1554.07	-	672.659
=	881.411

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1425.831	-	0	-	0
=	1425.831

* 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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National Bankshares (FRA:9F2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bankshares Inc (FRA:9F2) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

NKSH:USA

Address

101 Hubbard Street, Blacksburg, VA, USA, 24062-9002

Website

http://www.nationalbankshares.com

National Bankshares Inc is a bank holding company of National Bank of Blacksburg, offering a range of financial products and services, including deposit accounts, commercial, consumer, and mortgage loans, credit cards, and trust services. The bank focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural, commercial real estate, construction for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary, National Bankshares Financial Services, Inc. The company earns its revenues from interest and fees on loans, non-interest income, and investments.