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Northeast Bank (STU:73K) Scaled Net Operating Assets : 0.16 (As of Mar. 2024)


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What is Northeast Bank 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.

Northeast Bank's operating assets for the quarter that ended in Mar. 2024 was €2,523.4 Mil. Northeast Bank's operating liabilities for the quarter that ended in Mar. 2024 was €2,094.9 Mil. Northeast Bank's Total Assets for the quarter that ended in Dec. 2023 was €2,722.6 Mil. Therefore, Northeast Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.16.

Northeast Bank 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.

Northeast Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(2466.283-1835.609)/1497.29
=0.42

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2648.953 - 182.67
=2466.283

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2375.133 - 252.471 - 287.053
=1835.609

Northeast Bank'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 )
=(2523.407-2094.904)/2722.551
=0.16

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2760.934 - 237.527
=2523.407

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2437.174 - 342.27 - 0
=2094.904

* 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.

Northeast Bank Scaled Net Operating Assets Related Terms

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Northeast Bank (STU:73K) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Northeast Bank (STU:73K) » Definitions » Scaled Net Operating Assets
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HAFC CAC HONE SMBC FFMR MCBC FMNB MCB MSBI CCBG NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
NBN:USA
Address
27 Pearl Street, Portland, ME, USA, 04101
Website
https://www.northeastbank.com
Northeast Bank provides banking and financial services to individual and corporate customers in the US. The firm conducts its loan-related activities through three primary channels: the Community Banking Division, the Loan Acquisition and Servicing Group, and the Small Business Administration Division. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, consumer loans and small business administration loans. The firm also provides telephone banking, online banking, mobile banking, and remote deposit capture services. The revenue of the company is derived primarily from interest and dividends from the bank.