Cathay General Bancorp (FRA:CN7) Scaled Net Operating Assets : 0.02 (As of Mar. 2024)

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What is Cathay General 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.

Cathay General Bancorp's operating assets for the quarter that ended in Mar. 2024 was €18,929.6 Mil. Cathay General Bancorp's operating liabilities for the quarter that ended in Mar. 2024 was €18,575.5 Mil. Cathay General Bancorp's Total Assets for the quarter that ended in Dec. 2023 was €21,165.8 Mil. Therefore, Cathay General Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.02.

Cathay General 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.

Cathay General 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 )
=	(21006.22	-	18005.514)	/	20718.889
=	0.14

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	21165.767	-	159.547
=	21006.22

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	18656.327	-	650.813	-	0
=	18005.514

Cathay General 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 )
=	(18929.645	-	18575.456)	/	21165.767
=	0.02

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	21532.419	-	2602.774
=	18929.645

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	18976.593	-	401.137	-	0
=	18575.456

* 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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Cathay General Bancorp (FRA:CN7) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CATY:USA

Address

777 North Broadway, Los Angeles, CA, USA, 90012

Website

https://www.cathaybank.com

Cathay General Bancorp is a regional bank primarily serving the Chinese-American community. With more than 45 branches and three international representative offices, the bank provides traditional loan and deposit products, as well as international trade-related services to individuals and small to midsize businesses. The Bank accepts checking, savings, and time deposits, and makes commercial, real estate, personal, home improvement, automobile, and other installment and term loans. The Bank also provides letters of credit, safe deposit, Social Security payment deposit, bank-by-mail, Internet banking services, and other customary banking services.