Hingham Institution forvings (Hingham Institution forvings) Scaled Net Operating Assets

: 0.36 (As of Jun. 2023)

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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Hingham Institution forvings's operating assets for the quarter that ended in Jun. 2023 was $3,956.64 Mil. Hingham Institution forvings's operating liabilities for the quarter that ended in Jun. 2023 was $2,440.87 Mil. Hingham Institution forvings's Total Assets for the quarter that ended in Dec. 2022 was $4,193.80 Mil. Therefore, Hingham Institution forvings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.36.

Hingham Institution forvings 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.

Hingham Institution forvings'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 )
=	(4121.47	-	2383.652)	/	4193.799
=	0.41

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4483.947	-	362.477
=	4121.47

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4076.327	-	1692.675	-	0
=	2383.652

Hingham Institution forvings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(3956.643	-	2440.874)	/	4193.799
=	0.36

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4310.727	-	354.084
=	3956.643

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3910.874	-	1470	-	0
=	2440.874

* 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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Hingham Institution forvings (Hingham Institution forvings) Business Description

Industry

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Traded in Other Exchanges

HS3:Germany

Address

55 Main Street, Hingham, MA, USA, 02043

Website

https://www.hinghamsavings.com

Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.