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Independent Bank Group (FRA:I3B) Scaled Net Operating Assets : 0.04 (As of Mar. 2024)


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What is Independent Bank Group 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.

Independent Bank Group's operating assets for the quarter that ended in Mar. 2024 was €15,270.1 Mil. Independent Bank Group's operating liabilities for the quarter that ended in Mar. 2024 was €14,645.5 Mil. Independent Bank Group's Total Assets for the quarter that ended in Dec. 2023 was €17,455.2 Mil. Therefore, Independent Bank Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.04.

Independent Bank Group 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.

Independent Bank Group'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 )
=(16792.898-14631.717)/17235.943
=0.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17455.189 - 662.291
=16792.898

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15252.011 - 589.345 - 30.949
=14631.717

Independent Bank Group'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 )
=(15270.123-14645.482)/17455.189
=0.04

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17361.736 - 2091.613
=15270.123

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15152.993 - 507.511 - 0
=14645.482

* 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.

Independent Bank Group Scaled Net Operating Assets Related Terms

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Independent Bank Group (FRA:I3B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Independent Bank Group Inc (FRA:I3B) » Definitions » Scaled Net Operating Assets
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BANR WSBC TFIN WAFD OFG NBTB CHCO FBK RNST BKU CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
IBTX:USA
Address
7777 Henneman Way, McKinney, TX, USA, 75070-1711
Website
https://www.independent-bank.com
Independent Bank Group Inc is a bank holding company. It offers services such as checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, eStatements and bank-by-mail and direct deposit services. The Company also offers business accounts and management services, including analyzed business checking, business savings, and treasury management services. The bank generates its revenue in the form of net interest income.