GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerce Bancshares Inc (NAS:CBSHP.PFD) » Definitions » Scaled Net Operating Assets

Commerce Bancshares (Commerce Bancshares) Scaled Net Operating Assets : -0.30 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Commerce Bancshares 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.

Commerce Bancshares's operating assets for the quarter that ended in Dec. 2023 was $19,334.14 Mil. Commerce Bancshares's operating liabilities for the quarter that ended in Dec. 2023 was $28,735.43 Mil. Commerce Bancshares's Total Assets for the quarter that ended in Sep. 2023 was $31,376.69 Mil. Therefore, Commerce Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.30.

Commerce Bancshares 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.

Commerce Bancshares'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 )
=(29018.904-28735.427)/31875.931
=0.01

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=31701.061 - 2682.157
=29018.904

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28736.831 - 1.404 - 0
=28735.427

Commerce Bancshares'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 )
=(19334.144-28735.427)/31376.692
=-0.30

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=31701.061 - 12366.917
=19334.144

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28736.831 - 1.404 - 0
=28735.427

* 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.

Commerce Bancshares Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Commerce Bancshares's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Commerce Bancshares (Commerce Bancshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commerce Bancshares Inc (NAS:CBSHP.PFD) » Definitions » Scaled Net Operating Assets
Comparable Companies
CMA CFR WBS WAL BPOP FHN PNFP ZION WTFC PB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
CBSH:USA CB5:Germany
Address
1000 Walnut, Kansas City, MO, USA, 64106
Website
https://www.commercebank.com
Commerce Bancshares Inc. is a $22 billion regional bank that provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 200 locations in the central United States. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital, and real estate activities.