Security Bank (Security Bank) Scaled Net Operating Assets : 0.15 (As of Dec. 2023)

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What is Security Bank 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.

Security Bank's operating assets for the quarter that ended in Dec. 2023 was $13,854.4 Mil. Security Bank's operating liabilities for the quarter that ended in Dec. 2023 was $11,801.3 Mil. Security Bank's Total Assets for the quarter that ended in Sep. 2023 was $14,135.5 Mil. Therefore, Security Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.15.

Security Bank 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.

Security Bank'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 )
=	(13854.418	-	11801.321)	/	14613.342
=	0.14

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15120.266	-	1265.848
=	13854.418

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12758.471	-	957.15	-	0
=	11801.321

Security Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(13854.418	-	11801.321)	/	14135.515
=	0.15

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15120.266	-	1265.848
=	13854.418

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12758.471	-	957.15	-	0
=	11801.321

* 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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Security Bank (Security Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Security Bank Corp (OTCPK:SYBJF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SECB:Philippines

Address

6776 Ayala Avenue, Security Bank Centre, Makati, PHL, 0719

Website

https://www.securitybank.com

Security Bank Corp is a company that is principally engaged in banking. It operates in four segments; Financial Markets Segment focuses on providing the money market, foreign exchange, financial derivatives, securities distribution, asset management, trust, and fiduciary services, Wholesale Banking Segment addresses the corporate, institutional, and public sector markets and commercial clients. Services include relationship management, lending and other credit facilities, trade, cash management, deposit-taking, and leasing services, Retail Banking Segment addresses individual, retail, and small businesses. It covers deposit-taking and servicing, consumer loans, credit card facilities, and bancassurance, and All Other Segments include other support services.