BankFlorida Bancorp (BankFlorida Bancorp) Scaled Net Operating Assets : -0.10 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is BankFlorida 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.

BankFlorida Bancorp's operating assets for the quarter that ended in Mar. 2024 was $277.06 Mil. BankFlorida Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was $309.97 Mil. BankFlorida Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $321.70 Mil. Therefore, BankFlorida Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.10.

BankFlorida 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.

BankFlorida 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 )
=	(287.075	-	262.221)	/	322.179
=	0.08

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	321.702	-	34.627
=	287.075

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	290.221	-	28	-	0
=	262.221

BankFlorida Bancorp'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 )
=	(277.061	-	309.971)	/	321.702
=	-0.10

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	369.493	-	92.432
=	277.061

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	337.971	-	28	-	0
=	309.971

* 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.

BankFlorida Bancorp Scaled Net Operating Assets Related Terms

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

BankFlorida Bancorp (BankFlorida Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BankFlorida Bancorp Inc (OTCPK:BKFL) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12612 U.S. Highway 301, Dade, FL, USA, 33525

Website

https://www.bankflorida.com

BankFlorida Bancorp Inc serves customers and communities by providing superior banking services. It offers personal, commercial, residential mortgage, wealth solutions and various others services.