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Alerus Financial (Alerus Financial) Scaled Net Operating Assets : 0.03 (As of Dec. 2023)


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What is Alerus 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.

Alerus Financial's operating assets for the quarter that ended in Dec. 2023 was $3,291.1 Mil. Alerus Financial's operating liabilities for the quarter that ended in Dec. 2023 was $3,159.7 Mil. Alerus Financial's Total Assets for the quarter that ended in Sep. 2023 was $3,869.1 Mil. Therefore, Alerus Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.03.

Alerus 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.

Alerus 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 )
=(3777.82-3159.709)/3779.637
=0.16

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3907.713 - 129.893
=3777.82

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3538.586 - 64.707 - 314.17
=3159.709

Alerus Financial'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 )
=(3291.084-3159.709)/3869.138
=0.03

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3907.713 - 616.629
=3291.084

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3538.586 - 64.707 - 314.17
=3159.709

* 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.

Alerus Financial Scaled Net Operating Assets Related Terms

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Alerus Financial (Alerus Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alerus Financial Corp (NAS:ALRS) » Definitions » Scaled Net Operating Assets
Comparable Companies
NBN NFBK PGC MCB FFWM SPFI CCNE CSTR BHRB AROW NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
5QD:Germany
Address
401 Demers Avenue, Grand Forks, ND, USA, 58201
Website
https://www.alerus.com
Alerus Financial Corp is a financial holding company registered in the United States. The company operates in four segments: Banking, Retirement & Benefit Services, Wealth Management, and Mortgage. It provides various banking services such as checking, debit cards, savings, current deposits, loans and advances, online banking, mobile banking, private banking, payment solutions, and other business products. Additionally, the company provides mortgage loans, retirement planning solutions, individual retirement accounts, retirement plan advisory services as well as wealth management services, including financial & estate planning, trust, and fiduciary services. The company's revenue mainly consists of interest income, commission, management fees, and other income.
Executives
Kari Koob officer: Director of Accounting 401 DEMERS AVENUE, GRAND FORKS ND 58201
Alan Villalon officer: Chief Financial Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Galen G Vetter director 500 EAST GRANT STREET, #2011, MINNEAPOLIS MN 55404
Katie A Lorenson officer: Executive Vice President/ CFO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Janet O Estep director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Jerrod Hanson officer: Chief Accounting Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jon Hendry officer: Chief Technology Officer & EVP 401 DEMERS AVENUE, GRAND FORKS ND 58201
Missy Keney officer: Chief Engagement Officer & EVP 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jim Collins officer: EVP, CBO & CRO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Jill Schurtz director 401 DEMERS AVENUE, GRAND FORKS ND 58201
Mary Zimmer director 401 DEMERS AVENUE, GRAND FORKS ND 58201
Ryan Goldberg officer: Chief Revenue Officer 401 DEMERS AVENUE, GRAND FORKS ND 58201
Karen Bohn director 215 S CASCADE ST, FERGUS FALLS MN 565372801
Kris Compton officer: Executive Vice President/ CSO 401 DEMERS AVENUE, GRAND FORKS ND 58201
Ann Mcconn officer: Executive Vice President/ CBO 401 DEMERS AVENUE, GRAND FORKS ND 58201