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Amalgamated Financial (FRA:A0B0) Scaled Net Operating Assets : -0.11 (As of Mar. 2024)


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What is Amalgamated 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.

Amalgamated Financial's operating assets for the quarter that ended in Mar. 2024 was €5,937.2 Mil. Amalgamated Financial's operating liabilities for the quarter that ended in Mar. 2024 was €6,764.6 Mil. Amalgamated Financial's Total Assets for the quarter that ended in Dec. 2023 was €7,310.6 Mil. Therefore, Amalgamated Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.11.

Amalgamated 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.

Amalgamated 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 )
=(7227.568-6466.122)/7403.909
=0.10

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7310.621 - 83.053
=7227.568

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6773.842 - 307.72 - 0
=6466.122

Amalgamated 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 )
=(5937.152-6764.565)/7310.621
=-0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7485.747 - 1548.595
=5937.152

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6918.164 - 153.599 - 0
=6764.565

* 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.

Amalgamated Financial Scaled Net Operating Assets Related Terms

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Amalgamated Financial (FRA:A0B0) Business Description

Industry
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Traded in Other Exchanges
AMAL:USA
Address
275 Seventh Avenue, New York, NY, USA, 10001
Website
https://www.amalgamatedbank.com
Amalgamated Financial Corp is a bank holding company. It is a full-service commercial bank and a chartered trust company. It provides commercial banking and trust services nationally and offers a range of products and services to commercial and retail customers. It offers a complete suite of commercial and retail banking, investment management, and trust and custody services.