River Financial (River Financial) Scaled Net Operating Assets : -0.10 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is River Financial 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.

River Financial's operating assets for the quarter that ended in Mar. 2024 was $2,612.0 Mil. River Financial's operating liabilities for the quarter that ended in Mar. 2024 was $2,921.8 Mil. River Financial's Total Assets for the quarter that ended in Dec. 2023 was $3,235.3 Mil. Therefore, River Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.10.

River Financial 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.

River Financial'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 )
=	(3190.485	-	2762.937)	/	2833.382
=	0.15

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3235.25	-	44.765
=	3190.485

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3032.429	-	269.492	-	0
=	2762.937

River Financial'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 )
=	(2611.973	-	2921.84)	/	3235.25
=	-0.10

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3368.56	-	756.587
=	2611.973

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3166.35	-	244.51	-	0
=	2921.84

* 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.

River Financial Scaled Net Operating Assets Related Terms

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

River Financial (River Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » River Financial Corp (OTCPK:RVRF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2611 Legends Drive, Prattville, AL, USA, 36066

Website

https://www.riverbankandtrust.com

River Financial Corp is a bank holding company. It provides commercial and consumer banking services to businesses, business owners, and professionals in the United States. It offers services such as loan, deposits, electronic banking and other banking services. It offers demand deposits, savings and time deposits, interest-bearing transaction accounts, money market accounts, negotiable orders of withdrawal accounts, as well as certificates of deposit. Companies principal sources of income are interest and fees collected on loans, interest collected on other investments, fees earned from the origination and sale of residential mortgage loans, and service charges, as well as income from investment brokerage services.