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Popular (Popular) Scaled Net Operating Assets : -0.26 (As of Dec. 2023)


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What is Popular 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.

Popular's operating assets for the quarter that ended in Dec. 2023 was $46,682.61 Mil. Popular's operating liabilities for the quarter that ended in Dec. 2023 was $64,471.53 Mil. Popular's Total Assets for the quarter that ended in Sep. 2023 was $69,736.94 Mil. Therefore, Popular's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.26.


Popular 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.

Popular'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 )
=(63338.822-64471.53)/67637.917
=-0.02

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=70758.155 - 7419.333
=63338.822

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65611.202 - 1139.672 - 0
=64471.53

Popular'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 )
=(46682.605-64471.53)/69736.936
=-0.26

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=70758.155 - 24075.55
=46682.605

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65611.202 - 1139.672 - 0
=64471.53

* 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.


Popular Scaled Net Operating Assets Related Terms

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Popular (Popular) Business Description

Traded in Other Exchanges
Address
209 Munoz Rivera Avenue, Hato Rey, PRI, 00918
Popular Inc, based in Puerto Rico, is a financial holding company with four main subsidiaries: Banco Popular de Puerto Rico, the largest bank in Puerto Rico in terms of assets; Banco Popular North America, its banking operation in the continental United States; Evertec, a data processor; and Popular Financial Holdings, a diversified financial services company. Popular recently restructured PFH and moved much of its activities into BPNA.