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Ledyard Financial Group (Ledyard Financial Group) Scaled Net Operating Assets : 0.12 (As of Mar. 2024)


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What is Ledyard Financial Group 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.

Ledyard Financial Group's operating assets for the quarter that ended in Mar. 2024 was $894.36 Mil. Ledyard Financial Group's operating liabilities for the quarter that ended in Mar. 2024 was $788.37 Mil. Ledyard Financial Group's Total Assets for the quarter that ended in Dec. 2023 was $856.12 Mil. Therefore, Ledyard Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.12.

Ledyard Financial Group 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.

Ledyard Financial Group'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 )
=(828.979-670.557)/743.465
=0.21

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=856.115 - 27.136
=828.979

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=800.095 - 129.538 - 0
=670.557

Ledyard Financial Group'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 )
=(894.363-788.366)/856.115
=0.12

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=894.363 - 0
=894.363

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=838.818 - 50.452 - 0
=788.366

* 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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Ledyard Financial Group (Ledyard Financial Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ledyard Financial Group Inc (OTCPK:LFGP) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
2 Maple Street, Hanover, NH, USA, 03755
Website
https://www.ledyardbank.com
Ledyard Financial Group Inc is a bank holding company. The company, through its subsidiary, operates in two segments: banking and wealth advisory services. The Banking segment consists of lending to commercial and consumer customers, as well as deposit-gathering activities. The Wealth advisory services include financial planning services, investment management services, personal tax services, trustee services, and estate planning. All of its revenues come from the Banking segment.