SouthState (SouthState) Scaled Net Operating Assets : 0.01 (As of Mar. 2024)

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What is SouthState 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.

SouthState's operating assets for the quarter that ended in Mar. 2024 was $39,830 Mil. SouthState's operating liabilities for the quarter that ended in Mar. 2024 was $39,206 Mil. SouthState's Total Assets for the quarter that ended in Dec. 2023 was $44,902 Mil. Therefore, SouthState's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.01.

SouthState 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.

SouthState'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 )
=	(44139.582	-	38887.332)	/	43918.696
=	0.12

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	44902.024	-	762.442
=	44139.582

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	39368.926	-	381.594	-	100
=	38887.332

SouthState'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 )
=	(39830.359	-	39206.017)	/	44902.024
=	0.01

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	45144.838	-	5314.479
=	39830.359

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	39597.829	-	391.812	-	0
=	39206.017

* 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.

SouthState Scaled Net Operating Assets Related Terms

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SouthState (SouthState) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SouthState Corp (NYSE:SSB) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

FJ5:Germany

Address

1101 First Street South, Suite 202, Winter Haven, FL, USA, 33880

Website

https://www.southstatebank.com

SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.

Executives

Greg A Lapointe	officer: President of SSB	520 GERVAIS STREET, COLUMBIA SC 29201
Page G Ruffner Jr	director
Douglas Lloyd Williams	officer: President, Atlanta Banking Grp	3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
John C Pollok	officer: Executive Vice President	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Hill Robert R Jr	officer: President & CEO	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Robert R Horger	director, officer: Chairman	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Renee R Brooks	officer: CHIEF ADMINISTRATIVE OFFICER	C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Ronald M. Cofield	director	1101 FIRST STREET SOUTH, WINTER HAVEN FL 33880
Shantella E. Cooper	director	241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308
Douglas J. Hertz	director	3280 PEACHTREE ROAD NE, SUITE 1600, ATLANTA GA 30305
Ernest S Pinner	director
Matthews William E V	officer: Chief Financial Officer
John C Corbett	director, officer: CEO	1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880
Stephen Dean Young	officer: Chief Strategy Officer	42745 U.S. HIGWAY 27, DAVENPORT FL 33837
David G Salyers	director	1101 FIRST STREET SOUTH, SUITE 202, WINTER HAVEN FL 33880