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Coastal Financial (FRA:1VD) Scaled Net Operating Assets : -0.04 (As of Mar. 2024)


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What is Coastal Financial 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.

Coastal Financial's operating assets for the quarter that ended in Mar. 2024 was €3,082.1 Mil. Coastal Financial's operating liabilities for the quarter that ended in Mar. 2024 was €3,227.2 Mil. Coastal Financial's Total Assets for the quarter that ended in Dec. 2023 was €3,441.8 Mil. Therefore, Coastal Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.04.

Coastal Financial 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.

Coastal Financial'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 )
=(2998.809-3121.954)/2968.377
=-0.04

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3441.837 - 443.028
=2998.809

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3171.342 - 49.388 - 0
=3121.954

Coastal Financial'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 )
=(3082.081-3227.205)/3441.837
=-0.04

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3556.037 - 473.956
=3082.081

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3276.625 - 49.42 - 0
=3227.205

* 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.

Coastal Financial Scaled Net Operating Assets Related Terms

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Coastal Financial (FRA:1VD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Coastal Financial Corp (FRA:1VD) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
CCB:USA
Address
5415 Evergreen Way, Everett, WA, USA, 98203
Website
https://www.coastalbank.com
Coastal Financial Corp is a financial service provider. The company is engaged in providing banking products and services to consumers and small to medium sized businesses. The operating segment of the company is community banking. The services provided by the company include online banking and pay, mobile banking, securlock equip, and loans and deposit.