GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MidWestOne Financial Group Inc (NAS:MOFG) » Definitions » Scaled Net Operating Assets

MidWestOne Financial Group (MidWestOne Financial Group) Scaled Net Operating Assets : 0.03 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is MidWestOne 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.

MidWestOne Financial Group's operating assets for the quarter that ended in Mar. 2024 was $5,853.0 Mil. MidWestOne Financial Group's operating liabilities for the quarter that ended in Mar. 2024 was $5,679.9 Mil. MidWestOne Financial Group's Total Assets for the quarter that ended in Dec. 2023 was $6,427.5 Mil. Therefore, MidWestOne Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.03.

MidWestOne 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.

MidWestOne 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 )
=(6345.824-5484.666)/6577.876
=0.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6427.54 - 81.716
=6345.824

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5903.162 - 123.296 - 295.2
=5484.666

MidWestOne 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 )
=(5853.027-5679.909)/6427.54
=0.03

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6748.015 - 894.988
=5853.027

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6219.975 - 122.066 - 418
=5679.909

* 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.

MidWestOne Financial Group Scaled Net Operating Assets Related Terms

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

MidWestOne Financial Group (MidWestOne Financial Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MidWestOne Financial Group Inc (NAS:MOFG) » Definitions » Scaled Net Operating Assets
Comparable Companies
HIFS NBN SMBK ESQ MPB RRBI ALRS BHB EBTC SMMF 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
102 South Clinton Street, Iowa City, IA, USA, 52240
Website
http://www.midwestone.com
MidWestOne Financial Group Inc is a bank holding company engaged in delivering relationship-based business and personal banking products and services. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. The Bank offers its products and services through its network of full-service banking offices. the Bank's investments services department offers financial planning, investment advisory, and retail securities brokerage services.
Executives
Janet E Godwin director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Nathaniel J Kaeding director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Ruth E Stanoch director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Reeves director, officer: Chief Executive Officer 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Larry D Albert director, officer: Executive Vice President 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Matthew J Hayek director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Tracy S Mccormick director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Jennifer Leigh Hauschildt director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kevin W Monson director 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Len D Devaisher officer: President and COO 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
David E Lindstrom officer: EVP, Consumer Banking 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
John J Ruppel officer: Chief Accounting Officer 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Charles N Funk director, officer: President and CEO 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Kurt R Weise director, officer: Executive Vice President 102 S. CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700
Douglas K True director 102 S CLINTON STREET, P.O. BOX 1700, IOWA CITY IA 52244-1700