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Virginia National Bankshares (Virginia National Bankshares) Scaled Net Operating Assets : -0.11 (As of Mar. 2024)


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What is Virginia National 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.

Virginia National Bankshares's operating assets for the quarter that ended in Mar. 2024 was $1,259.84 Mil. Virginia National Bankshares's operating liabilities for the quarter that ended in Mar. 2024 was $1,437.00 Mil. Virginia National Bankshares's Total Assets for the quarter that ended in Dec. 2023 was $1,646.02 Mil. Therefore, Virginia National Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.11.

Virginia National 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.

Virginia National 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 )
=(1617.627-1416.514)/1623.359
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1646.017 - 28.39
=1617.627

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1492.977 - 76.463 - 0
=1416.514

Virginia National 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 )
=(1259.842-1436.997)/1646.017
=-0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1619.496 - 359.654
=1259.842

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1466.919 - 29.922 - 0
=1436.997

* 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.

Virginia National Bankshares Scaled Net Operating Assets Related Terms

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Virginia National Bankshares (Virginia National Bankshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Virginia National Bankshares Corp (NAS:VABK) » Definitions » Scaled Net Operating Assets
Comparable Companies
FINW FNRN WNEB LYBC OPBK CMRB ISBA FRAF HWBK PWOD NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
N/A
Address
404 People Place, Charlottesville, VA, USA, 22911
Website
http://www.vnbcorp.com
Virginia National Bankshares Corp is a bank holding company which is engaged in the commercial and retail banking business. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts and other depository services. Its segments include the Bank, VNB Trust and Estate Services, Sturman Wealth Advisors, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits and offering related services to individuals, businesses and charitable organizations.
Executives
Adams John Buchanan Jr director 10 COURTHOUSE SQUARE, WARRENTON VA 20188
Kevin T Carter director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Glenn W Rust director, officer: President and CEO C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Jay B Keyser director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Randolph D Frostick director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Dittmar William D Jr. director C/O ENTERPRISE PROPERTIES, 401 EAST MARKET STREET, CHARLOTTESVILLE VA 22902
Virginia R Bayes officer: Chief Credit Officer & EVP C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Linda M Houston director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
James T Holland director C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Donna G Shewmake officer: GC, EVP & Secretary C/O VIRGINIA NATIONAL BANK, 404 PEOPLE PLACE, CHARLOTTESVILLE VA 22911
Gregory L Wells director C/O ACAC FITNESS & WELLNESS CENTERS, 455 SECOND STREET, SUITE 301, CHARLOTTESVILLE VA 22902
Strange Sterling T Iii director 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Marc J Bogan director, officer: President and CEO 10 COURTHOUSE SQUARE, WARRENTON VA 20186
Tara Y Harrison officer: Chief Financial Officer & EVP 404 PEOPLE PLACE, CHARLOTTSVILLE VA 22911
Susan K Payne director C/O PAYNE ROSS & ASSOCIATES, 206 EAST JEFFERSON STREET, CHARLOTTESVILLE VA 22902