Elmiravings Bank Elmira NY (Elmiravings Bank Elmira NY) Scaled Net Operating Assets : -0.01 (As of Dec. 2020)

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What is Elmiravings Bank Elmira NY 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.

Elmiravings Bank Elmira NY's operating assets for the quarter that ended in Dec. 2020 was $549.93 Mil. Elmiravings Bank Elmira NY's operating liabilities for the quarter that ended in Dec. 2020 was $554.83 Mil. Elmiravings Bank Elmira NY's Total Assets for the quarter that ended in Dec. 2019 was $606.83 Mil. Therefore, Elmiravings Bank Elmira NY's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2020 was -0.01.

Elmiravings Bank Elmira NY 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.

Elmiravings Bank Elmira NY's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2020 )
=	(Operating Assets (A: Dec. 2020 )	-	Operating Liabilities (A: Dec. 2020 ))	/	Total Assets (A: Dec. 2019 )
=	(556.051	-	554.826)	/	606.829
=	0.00

where

	Operating Assets		(A: Dec. 2020 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	644.587	-	88.536
=	556.051

	Operating Liabilities		(A: Dec. 2020 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	583.826	-	29	-	0
=	554.826

Elmiravings Bank Elmira NY's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2020 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2020 )
=	(Operating Assets (Q: Dec. 2020 )	-	Operating Liabilities (Q: Dec. 2020 ))	/	Total Assets (Q: Dec. 2019 )
=	(549.926	-	554.826)	/	606.829
=	-0.01

where

	Operating Assets		(Q: Dec. 2020 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	644.587	-	94.661
=	549.926

	Operating Liabilities		(Q: Dec. 2020 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	583.826	-	29	-	0
=	554.826

* 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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Elmiravings Bank Elmira NY (Elmiravings Bank Elmira NY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Elmira Savings Bank Elmira NY (NAS:ESBK) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

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Address

333 East Water Street, Elmira, NY, USA, 14901

Website

https://www.elmirasavingsbank.com

Elmira Savings Bank Elmira NY is primarily engaged in the business of attracting deposits from the general public and originating mortgage loans secured by first and second liens on one-to-four family residences; consumer loans on automobiles; general consumer loans; commercial real estate loans; and commercial loans. The bank offers a wide variety of services to its individual and commercial customers including savings and money market accounts; certificates of deposit; loans; online banking; mobile banking, and debit cards. Its other banking services include checking; commercial lending; merchant services; other services, such as overdraft protection, safe deposit boxes, notary public and telephone banking.