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HFB Financial (HFB Financial) Scaled Net Operating Assets : 0.18 (As of Sep. 2003)


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What is HFB Financial 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.

HFB Financial's operating assets for the quarter that ended in Sep. 2003 was $250.69 Mil. HFB Financial's operating liabilities for the quarter that ended in Sep. 2003 was $203.75 Mil. HFB Financial's Total Assets for the quarter that ended in Jun. 2003 was $259.48 Mil. Therefore, HFB Financial's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2003 was 0.18.


HFB Financial 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.

HFB Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2002 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2002 )
=(Operating Assets (A: Jun. 2002 )-Operating Liabilities (A: Jun. 2002 ))/Total Assets (A: Jun. 2001 )
=(240.939-203.297)/217.405
=0.17

where

Operating Assets(A: Jun. 2002 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=246.164 - 5.225
=240.939

Operating Liabilities(A: Jun. 2002 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=224.023 - 20.726 - 0
=203.297

HFB Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2003 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2003 )
=(Operating Assets (Q: Sep. 2003 )-Operating Liabilities (Q: Sep. 2003 ))/Total Assets (Q: Jun. 2003 )
=(250.69-203.746)/259.484
=0.18

where

Operating Assets(Q: Sep. 2003 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=256.689 - 5.999
=250.69

Operating Liabilities(Q: Sep. 2003 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=232.673 - 28.927 - 0
=203.746

* 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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HFB Financial (HFB Financial) Business Description

Traded in Other Exchanges
N/A
Address
1602 Cumberland Avenue, Middlesboro, KY, USA, 40965-1225
HFB Financial Corp is a United States based company engaged in providing banking and financial services. The company offers checking accounts, saving accounts, money market accounts, certificates of deposit, health savings accounts, individual retirement accounts, overdrafts, and card facilities Further, it also offers loans, online banking, investment, and insurance-related services.