InsCorp (InsCorp) Scaled Net Operating Assets : 0.04 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is InsCorp 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.

InsCorp's operating assets for the quarter that ended in Mar. 2024 was $718.80 Mil. InsCorp's operating liabilities for the quarter that ended in Mar. 2024 was $685.55 Mil. InsCorp's Total Assets for the quarter that ended in Dec. 2023 was $837.09 Mil. Therefore, InsCorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.04.

InsCorp 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.

InsCorp'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 )
=	(779.645	-	696.136)	/	752.02
=	0.11

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	837.09	-	57.445
=	779.645

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	767.234	-	71.098	-	0
=	696.136

InsCorp'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 )
=	(718.802	-	685.554)	/	837.09
=	0.04

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	828.392	-	109.59
=	718.802

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	756.804	-	71.25	-	0
=	685.554

* 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.

InsCorp Scaled Net Operating Assets Related Terms

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

InsCorp (InsCorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » InsCorp Inc (OTCPK:IBTN) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2106 Crestmoor Road, Nashville, TN, USA, 37215

Website

https://www.insbanktn.com

InsCorp Inc along with its subsidiary is engaged in the origination and sales of mortgage loans on the secondary market. The company is a full-service financial institution that provides business and personal banking as well as mortgage lending. Its primary deposit products are demand and money market deposits and certificates of deposit, and its primary lending products are commercial loans, real estate loans, and lines of credit.