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Katahdin Bankshares (Katahdin Bankshares) Scaled Net Operating Assets : 0.08 (As of Mar. 2024)


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What is Katahdin 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.

Katahdin Bankshares's operating assets for the quarter that ended in Mar. 2024 was $1,002.88 Mil. Katahdin Bankshares's operating liabilities for the quarter that ended in Mar. 2024 was $918.35 Mil. Katahdin Bankshares's Total Assets for the quarter that ended in Dec. 2023 was $1,034.25 Mil. Therefore, Katahdin Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.08.

Katahdin 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.

Katahdin 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 )
=(1007.717-914.906)/983.538
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1034.246 - 26.529
=1007.717

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=946.44 - 31.534 - 0
=914.906

Katahdin 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 )
=(1002.876-918.349)/1034.246
=0.08

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1026.149 - 23.273
=1002.876

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=938.349 - 20 - 0
=918.349

* 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.

Katahdin Bankshares Scaled Net Operating Assets Related Terms

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Katahdin Bankshares (Katahdin Bankshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Katahdin Bankshares Corp (OTCPK:KTHN) » Definitions » Scaled Net Operating Assets
Comparable Companies
UBCP AUBN UNIB OFED MPCB SFDL MGYR FMBM LSBK FISB NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
20 Katahdin Lane, P.O. Box 36, Houlton, ME, USA, 04730
Website
https://www.katahdintrust.com
Katahdin Bankshares Corp is a part of the financial services sector. It is a state-chartered commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation. Its primary business is to lend funds and accept deposits from consumers and small businesses in Aroostook and the Portland area. The Bank has full-service branches throughout northern Maine and the greater Bangor and Portland regions. Its key services include personal banking, business banking, and investments.