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Benchmark Bankshares (Benchmark Bankshares) Scaled Net Operating Assets : 0.03 (As of Sep. 2023)


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What is Benchmark Bankshares 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.

Benchmark Bankshares's operating assets for the quarter that ended in Sep. 2023 was $1,041.74 Mil. Benchmark Bankshares's operating liabilities for the quarter that ended in Sep. 2023 was $1,007.15 Mil. Benchmark Bankshares's Total Assets for the quarter that ended in Jun. 2023 was $1,122.65 Mil. Therefore, Benchmark Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.03.


Benchmark Bankshares 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.

Benchmark Bankshares's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(771.226-952.311)/870.825
=-0.21

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1040.576 - 269.35
=771.226

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=956.14 - 3.829 - 0
=952.311

Benchmark Bankshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(1041.736-1007.147)/1122.65
=0.03

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1103.436 - 61.7
=1041.736

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1009.4 - 2.253 - 0
=1007.147

* 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.


Benchmark Bankshares Scaled Net Operating Assets Related Terms

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Benchmark Bankshares (Benchmark Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
204 S. Broad Street, P.O. Box 569, Kenbridge, VA, USA, 23944
Benchmark Bankshares Inc is a bank holding company for Benchmark Community Bank, which offers a wide range of banking and related financial services to individuals and small to medium ranged businesses through offices located in Virginia. The bank provides personal accounts service, business accounts services, loan products, internet banking services, mobile banking services, debit cards, money management services, mortgage services, credit cards facility and other services.