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Renasant (Renasant) Scaled Net Operating Assets : 0.07 (As of Mar. 2024)


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What is Renasant 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.

Renasant's operating assets for the quarter that ended in Mar. 2024 was $15,736.9 Mil. Renasant's operating liabilities for the quarter that ended in Mar. 2024 was $14,495.3 Mil. Renasant's Total Assets for the quarter that ended in Dec. 2023 was $17,360.5 Mil. Therefore, Renasant's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.07.

Renasant 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.

Renasant'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 )
=(16559.184-14333.752)/16988.176
=0.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17360.535 - 801.351
=16559.184

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15063.152 - 429.4 - 300
=14333.752

Renasant'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 )
=(15736.855-14495.344)/17360.535
=0.07

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17345.741 - 1608.886
=15736.855

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15023.391 - 428.047 - 100
=14495.344

* 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.

Renasant Scaled Net Operating Assets Related Terms

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Renasant (Renasant) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Renasant Corp (NYSE:RNST) » Definitions » Scaled Net Operating Assets
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MBIN NBTB TFIN OFG WSBC IBTX TBBK CLBK FBK BANR 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
209 Troy Street, Tupelo, MS, USA, 38804-4827
Website
https://www.renasantbank.com
Renasant Corp operates as a holding company for Renasant Bank, a Mississippi banking corporation, and its subsidiary, Renasant Insurance, Inc. It has three reportable segments: community banks, insurance, and wealth management. With its community banks segment, the company provides a range of financial services to individuals and small businesses. Its insurance segment is an insurance agency providing commercial and personal insurance through third-party carriers. The wealth management segment provides a range of services including money management and retirement planning. The majority of the company's revenue is driven by lending activities in its community banks segment. Renasant Corporation operates in the southern United States.
Executives
Curtis J Perry officer: SEVP P.O. BOX 120, COLUMBUS GA 31902
John Foy director 1881 N PARC CIRCLE, TUPELO MS 38804
Rose J. Flenorl director 209 TROY STREET, TUPELO MS 38804
Holland Neal A Jr director PO BOX 1948, DECATUR AL 35602
Baxter Jimmy R. Iii officer: EVP/Chief Risk Officer 209 TROY ST, TUPELO MS 38804
James W Gray officer: Executive Vice President
John Creekmore director
Edward Robinson Mcgraw officer: CEO/Pres
Mabry James C. Iv officer: EVP and CFO 209 TROY STREET, TUPELO MS 38804
Kelly Hutcheson officer: EVP/Chief Accounting Officer 209 TROY STREET, TUPELO MS 38804
R Rick Hart director, officer: Sr Executive Vice President 916 CHANCERY LN, NASHVILLE TN 37205
Richard Heyer director
Gary D. Butler director 209 TROY STREET, TUPELO MS 38804
Bartow Jr Morgan officer: Executive Vice President 106 E CROGAN STREET, LAWRENCEVILLE GA 30046
Fred F Sharpe director C/O HERITAGE FINANCIAL GROUP, 721 N WESTOVER BOULEVARD, ALBANY GA 31707