GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » U.S. Bancorp (NYSE:USB) » Definitions » Scaled Net Operating Assets

U.S. Bancorp (U.S. Bancorp) Scaled Net Operating Assets : -0.02 (As of Dec. 2023)


View and export this data going back to 1973. Start your Free Trial

What is U.S. Bancorp 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.

U.S. Bancorp's operating assets for the quarter that ended in Dec. 2023 was $532,859 Mil. U.S. Bancorp's operating liabilities for the quarter that ended in Dec. 2023 was $544,785 Mil. U.S. Bancorp's Total Assets for the quarter that ended in Sep. 2023 was $668,039 Mil. Therefore, U.S. Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.02.

U.S. Bancorp 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.

U.S. Bancorp'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 )
=(602299-544785)/674805
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=663491 - 61192
=602299

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=607720 - 51480 - 11455
=544785

U.S. Bancorp'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 )
=(532859-544785)/668039
=-0.02

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=663491 - 130632
=532859

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=607720 - 51480 - 11455
=544785

* 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.

U.S. Bancorp Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of U.S. Bancorp's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

U.S. Bancorp (U.S. Bancorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » U.S. Bancorp (NYSE:USB) » Definitions » Scaled Net Operating Assets
Comparable Companies
PNC NU TFC FITB MTB FCNCA HBAN RF CFG KEY NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
USBpS.PFD:USA USBpQ.PFD:USA USBpP.PFD:USA USBpH.PFD:USA USBpA.PFD:USA USB:Mexico 1USB:Italy UB5:Germany UB5:Germany UB5:Germany USB:Chile USBC34:Brazil USB:Argentina
Address
800 Nicollet Mall, Minneapolis, MN, USA, 55402
Website
https://www.usbank.com
As a diversified financial-services provider, U.S. Bancorp is one of the nation's largest regional banks, with branches in roughly 26 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.
Executives
Timothy A Welsh officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Terrance R Dolan officer: EVP, Controller 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Shailesh M Kotwal officer: Vice Chairman 8501 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85253
Venkatachari Dilip officer: SEVP & Chief Info & Tech Off 800 NICOLLET MALL, MINNEAPOLIS MN 55402
John C Stern officer: SEVP and CFO 800 NICOLLET MALL, MINNEAPOLIS MN 55402
James B Kelligrew officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Richard P Mckenney director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Scott W. Wine director 2100 HIGHWAY 55, MEDINA MN 55340
Alan B. Colberg director ASSURANT, INC., ONE CHASE MANHATTAN PLAZA, 41 FL., NEW YORK NY 10005
Souheil Badran officer: SEVP, Chief Operations Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew Cecere officer: Vice Chairman 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Von Gillern Jeffry H. officer: Vice Chairman U.S. BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Lisa R Stark officer: EVP and Controller 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Loretta E Reynolds director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Katherine B Quinn officer: EVP, Strategy & Corp. Affairs US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402