Fidelity Southern (Fidelity Southern) Scaled Net Operating Assets : 0.05 (As of Mar. 2019)

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What is Fidelity Southern 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.

Fidelity Southern's operating assets for the quarter that ended in Mar. 2019 was $4,306.1 Mil. Fidelity Southern's operating liabilities for the quarter that ended in Mar. 2019 was $4,047.7 Mil. Fidelity Southern's Total Assets for the quarter that ended in Dec. 2018 was $4,733.8 Mil. Therefore, Fidelity Southern's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2019 was 0.05.

Fidelity Southern 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.

Fidelity Southern's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2018 )
=	(Operating Assets (A: Dec. 2018 )	-	Operating Liabilities (A: Dec. 2018 ))	/	Total Assets (A: Dec. 2017 )
=	(4526.03	-	4027.088)	/	4576.858
=	0.11

where

	Operating Assets		(A: Dec. 2018 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4733.796	-	207.766
=	4526.03

	Operating Liabilities		(A: Dec. 2018 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4287.555	-	120.707	-	139.76
=	4027.088

Fidelity Southern's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2019 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2019 )
=	(Operating Assets (Q: Mar. 2019 )	-	Operating Liabilities (Q: Mar. 2019 ))	/	Total Assets (Q: Dec. 2018 )
=	(4306.059	-	4047.745)	/	4733.796
=	0.05

where

	Operating Assets		(Q: Mar. 2019 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4789.945	-	483.886
=	4306.059

	Operating Liabilities		(Q: Mar. 2019 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4330.931	-	120.733	-	162.453
=	4047.745

* 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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Fidelity Southern (Fidelity Southern) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fidelity Southern Corp (NAS:LION) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3490 Piedmont Road, Suite 1550, Atlanta, GA, USA, 30305

Website

http://www.fidelitysouthern.com

Fidelity Southern Corporation operates as the bank holding company based in the metropolitan Atlanta area. It offers financial products and services for business and retail customers primarily in the metropolitan Atlanta and Jacksonville, Orlando and Sarasota-Bradenton and Florida markets. The company serves both individuals and small to medium-sized businesses. It is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and installment loans. In addition, it also conducts indirect automobile lending, residential mortgage lending, and Small Business Administration lending activities in over 10 states.

Executives

William Millard Choate	director	3490 PIEDMONT ROAD, SUITE 1550, ATLANTA GA 30305
Rodney D Bullard	director	3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Miller James B Jr	director, 10 percent owner, officer: Chairman, other: Executive Officer	C/O FIDELITY SOUTHERN CORPORATION, 3490 PIEDMONT ROAD #1550, ATLANTA GA 30305
Proctor H Palmer Jr	director, officer: Executive officer
Stephen H Brolly	officer: Chief Financial Officer, other: Executive Officer	500 SOUTH SERVICE ROAD EAST, RUSTON LA 71270
Miller James H Iii	director	GEORGIA POWER CO, BIN 10240 241 RALPH MCGILL BLVD, ATLANTA GA 30308-3374