GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Trustco Bank Corp N Y (FRA:TC50) » Definitions » Scaled Net Operating Assets

Trustco Bank N Y (FRA:TC50) Scaled Net Operating Assets : 0.05 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Trustco Bank N Y 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.

Trustco Bank N Y's operating assets for the quarter that ended in Mar. 2024 was €5,251.8 Mil. Trustco Bank N Y's operating liabilities for the quarter that ended in Mar. 2024 was €4,961.2 Mil. Trustco Bank N Y's Total Assets for the quarter that ended in Dec. 2023 was €5,656.2 Mil. Therefore, Trustco Bank N Y's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.05.

Trustco Bank N Y 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.

Trustco Bank N Y'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 )
=(5611.047-4942.121)/5664.049
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5656.231 - 45.184
=5611.047

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5064.505 - 40.78 - 81.604
=4942.121

Trustco Bank N Y'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 )
=(5251.783-4961.163)/5656.231
=0.05

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5685.204 - 433.421
=5251.783

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5087.95 - 39.963 - 86.824
=4961.163

* 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.

Trustco Bank N Y Scaled Net Operating Assets Related Terms

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

Trustco Bank N Y (FRA:TC50) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Trustco Bank Corp N Y (FRA:TC50) » Definitions » Scaled Net Operating Assets
Comparable Companies
HBNC FMBL GCBC EQBK IBCP CATC BFST HTBK MCBC CCB NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
TRST:USA
Address
5 Sarnowski Drive, Glenville, NY, USA, 12302
Website
https://www.trustcobank.com
Trustco Bank Corp N Y is a savings and loan holding company. The core part of a business consists of accepting deposits and making loans and investments. It offers a range of both personal and business banking services. The company's product includes savings accounts; retirement accounts; money market account; mortgages; building loans; auto loans and others.