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Oconee Financial (Oconee Financial) Scaled Net Operating Assets : -0.25 (As of Mar. 2024)


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What is Oconee 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.

Oconee Financial's operating assets for the quarter that ended in Mar. 2024 was $384.55 Mil. Oconee Financial's operating liabilities for the quarter that ended in Mar. 2024 was $532.88 Mil. Oconee Financial's Total Assets for the quarter that ended in Dec. 2023 was $589.06 Mil. Therefore, Oconee Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.25.


Oconee 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.

Oconee Financial'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 )
=(535.963-536.405)/536.748
=-0.00

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=589.058 - 53.095
=535.963

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=546.747 - 10.342 - 0
=536.405

Oconee Financial'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 )
=(384.55-532.882)/589.058
=-0.25

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=586.61 - 202.06
=384.55

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=543.23 - 10.348 - 0
=532.882

* 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.


Oconee Financial Scaled Net Operating Assets Related Terms

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Oconee Financial (Oconee Financial) Business Description

Traded in Other Exchanges
N/A
Address
41 N. Main Street, Watkinsville, GA, USA, 30677
Oconee Financial Corp is a United States-based commercial bank. The bank offers personal and business products and services including checking, savings, CDs, loans, mortgages, credit cards, safe deposit boxes, mobile deposits, business loans, and treasury services.
Executives
G Robert Bishop director 1741 EXPERIMENT STATION ROAD, WATKINSVILLE GA 30677
B Amrey Harden director, officer: President and CEO 35 NORTH MAIN STREET, P.O. BOX 205, WATKINSVILLE GA 30677
Hale J Albert Sr director P.O.BOX 205, WATKINSVILLE GA 30677
Steven Anthony Rogers officer: Chief Financial Officer 35 NORTH MAIN STREET, PO BOX 205, WATKINSVILLE GA 30677
Virginia S Wells director, 10 percent owner OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677
Ann B. Powers director 1051 ROSE CREEK DRIVE, WATKINSVILLE GA 30087
Douglas D Dickens director 1071 RAYS CHURCH RD, BISHOP GA 30621
Henry C Maxey director 1181 MAXEY ROAD, BISHOP GA 30621
Jimmy L Christopher director P.O. BOX 405, WATKINSVILLE GA 30677
Tom F Wilson officer: Executive Vice President OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677