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Q2 Holdings (Q2 Holdings) Scaled Net Operating Assets : 0.56 (As of Mar. 2024)


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What is Q2 Holdings 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.

Q2 Holdings's operating assets for the quarter that ended in Mar. 2024 was $889.9 Mil. Q2 Holdings's operating liabilities for the quarter that ended in Mar. 2024 was $217.4 Mil. Q2 Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,201.4 Mil. Therefore, Q2 Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.56.


Q2 Holdings Scaled Net Operating Assets Historical Data

The historical data trend for Q2 Holdings's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

Q2 Holdings Scaled Net Operating Assets Chart

Q2 Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.55 0.70 0.54 0.52 0.50

Q2 Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 0.60 0.59 0.57 0.56

Competitive Comparison of Q2 Holdings's Scaled Net Operating Assets

For the Software - Application subindustry, Q2 Holdings's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Q2 Holdings's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Q2 Holdings's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Q2 Holdings's Scaled Net Operating Assets falls into.



Q2 Holdings 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.

Q2 Holdings'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 )
=(877.417-204.03)/1349.726
=0.50

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1201.425 - 324.008
=877.417

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=752.946 - 536.052 - 12.864
=204.03

Q2 Holdings'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 )
=(889.926-217.397)/1201.425
=0.56

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1228.387 - 338.461
=889.926

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=763.416 - 535.389 - 10.63
=217.397

* 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.


Q2 Holdings Scaled Net Operating Assets Related Terms

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Q2 Holdings (Q2 Holdings) Business Description

Industry
Traded in Other Exchanges
Address
10355 Pecan Park Boulevard, Austin, TX, USA, 78729
Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.
Executives
John E Breeden officer: EVP, Operations 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kirk L Coleman officer: Chief Banking Officer 10355 PECAN PARK BLVD, AUSITN TX 78729
Kim Rutledge officer: SVP, Human Resources 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
James Offerdahl director 11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Michael A. Volanoski officer: Chief Revenue Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
David J Mehok officer: Chief Financial Officer 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
R. H. Seale director, 10 percent owner, officer: Chairman 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Michael S Kerr officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Jonathan Price officer: SVP, Corp and Business Dev 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Matthew P Flake director, officer: President and CEO 10355 PECAN PARK BOULEVARD CONTACT STREE, AUSTIN TX 78729
Barry G Benton officer: SVP, General Counsel 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Lynn Antipas Tyson director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Rebecca Lynn Atchison director 10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Adam D Anderson officer: EVP, Chief Technology Officer 13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Bharath Oruganti officer: SVP, Service Delivery C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085