FRBKQ (Republic First Bancorp) Scaled Net Operating Assets: -0.13 (As of Sep. 2022)

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FRBKQ Republic First Bancorp Inc FRBKQ
16 GF Score
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What is Republic First Bancorp Scaled Net Operating Assets?

Republic First Bancorp FRBKQ -99.00% 16 Scaled Net Operating Assets is -0.13 as of Sep. 2022. GuruFocus rates FRBKQ with a GF Score™ of 16/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Republic First Bancorp's operating assets for the quarter that ended in Sep. 2022 was $4,947.3 Mil. Republic First Bancorp's operating liabilities for the quarter that ended in Sep. 2022 was $5,718.9 Mil. Republic First Bancorp's Total Assets for the quarter that ended in Jun. 2022 was $5,856.9 Mil. Therefore, Republic First Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2022 was -0.13.

FRBKQ
16GF Score
Republic First Bancorp Inc FRBKQ
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Republic First Bancorp 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.

Republic First Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(5507.772-5209.366)/5065.735
=0.06

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5626.656 - 118.884
=5507.772

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5302.414 - 93.048 - 0
=5209.366

Republic First Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2022 )
=(Operating Assets (Q: Sep. 2022 )-Operating Liabilities (Q: Sep. 2022 ))/Total Assets (Q: Jun. 2022 )
=(4947.281-5718.894)/5856.882
=-0.13

where

Operating Assets(Q: Sep. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5999.254 - 1051.973
=4947.281

Operating Liabilities(Q: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5809.796 - 90.902 - 0
=5718.894

* 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.

What does a Scaled Net Operating Assets of -0.13 mean?
Republic First Bancorp (FRBKQ) has a Scaled Net Operating Assets of -0.13 as of Sep. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Republic First Bancorp and its competitors.
Is Republic First Bancorp's Scaled Net Operating Assets too high?
Republic First Bancorp's current Scaled Net Operating Assets is -0.13. Overall, Republic First Bancorp has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Republic First Bancorp's Scaled Net Operating Assets compare to GWBK and LBNW?
Republic First Bancorp's Scaled Net Operating Assets of -0.13 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Republic First Bancorp and its competitors. Republic First Bancorp's current Scaled Net Operating Assets is -0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic First Bancorp stock overvalued right now?
Republic First Bancorp (FRBKQ) has a current Scaled Net Operating Assets of -0.13. The current Scaled Net Operating Assets is -0.13. Republic First Bancorp's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Republic First Bancorp (FRBKQ), the current Scaled Net Operating Assets is -0.13 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Republic First Bancorp Business Description

Address 50 South 16th Street, Philadelphia, PA, USA, 19102
Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.
16GF Score

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