GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HomeStreet Inc (NAS:HMST) » Definitions » Scaled Net Operating Assets

HomeStreet (HomeStreet) Scaled Net Operating Assets : 0.27 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is HomeStreet 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.

HomeStreet's operating assets for the quarter that ended in Mar. 2024 was $9,134.9 Mil. HomeStreet's operating liabilities for the quarter that ended in Mar. 2024 was $6,609.0 Mil. HomeStreet's Total Assets for the quarter that ended in Dec. 2023 was $9,392.5 Mil. Therefore, HomeStreet's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.27.


HomeStreet 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.

HomeStreet'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 )
=(9176.786-6884.297)/9364.76
=0.24

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9392.45 - 215.664
=9176.786

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8854.063 - 224.766 - 1745
=6884.297

HomeStreet'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 )
=(9134.855-6608.992)/9392.45
=0.27

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9455.182 - 320.327
=9134.855

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8927.849 - 2318.857 - 0
=6608.992

* 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.


HomeStreet Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of HomeStreet's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


HomeStreet (HomeStreet) Business Description

Industry
Traded in Other Exchanges
N/A
Address
601 Union Street, Suite 2000, Seattle, WA, USA, 98101
HomeStreet Inc is a commercial bank. It provides commercial and consumer loans including mortgage loans, deposit products, private banking, and cash management services. The company loan products include commercial business loans and agriculture loans, consumer loans, single family residential mortgages, loans secured by commercial real estate and construction loans for residential and commercial real estate projects.
Executives
Diane P Novak officer: EVP, CHIEF RISK OFFICER 601 UNION ST, SUITE 2000, SEATTLE WA 98101
Sidney Craig Tompkins director 5995 SEPULVEDA BOULEVARD, SUITE 300, CULVER CITY CA 90230
John Michel officer: EVP, Chief Financial Officer 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612
David L Parr officer: EVP, DIR. OF COMM'L BANKING 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
William Endresen officer: EVP, Comm'l RE (Interim) 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Scott M Boggs director
Erik D Hand officer: EVP, Mortgage Lending Director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Mark Robert Patterson director 602 UNION STREET, SUITE 2000, SEATTLE WA 98101
Troy Harper officer: EVP & CIO 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Amen Darrell Van officer: SVP, Treasurer 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Douglas Irvine Smith director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Joanne R Harrell director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Jay C Iseman officer: EVP - Chief Credit Officer 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Sandra A Cavanaugh director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Godfrey B Evans officer: EVP - General Counsel 601 UNION STREET, SUITE 2000, SEATTLE WA 98101