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Secure Trust Bank (CHIX:STBL) Scaled Net Operating Assets : 0.46 (As of Dec. 2023)


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What is Secure Trust Bank 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.

Secure Trust Bank's operating assets for the quarter that ended in Dec. 2023 was £3,426.4 Mil. Secure Trust Bank's operating liabilities for the quarter that ended in Dec. 2023 was £1,791.5 Mil. Secure Trust Bank's Total Assets for the quarter that ended in Jun. 2023 was £3,550.9 Mil. Therefore, Secure Trust Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.46.


Secure Trust Bank 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.

Secure Trust Bank'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 )
=(3426.4-1791.5)/3380.3
=0.48

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3778 - 351.6
=3426.4

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3433.5 - 1642 - 0
=1791.5

Secure Trust Bank'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: Jun. 2023 )
=(3426.4-1791.5)/3550.9
=0.46

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3778 - 351.6
=3426.4

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3433.5 - 1642 - 0
=1791.5

* 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.


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Secure Trust Bank (CHIX:STBL) Business Description

Traded in Other Exchanges
Address
Arleston Way, Yorke House, Solihull, West Midlands, GBR, B90 4LH
Secure Trust Bank PLC is an established, well-funded and capitalised UK retail bank. The Group's diversified lending portfolio currently focuses on two sectors: (1) Business finance through its Real Estate Finance and Commercial Finance divisions, and (ii) Consumer finance through its Vehicle Finance and Retail Finance divisions. The bank is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.