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GBank Financial Holdings (GBank Financial Holdings) Scaled Net Operating Assets : 0.10 (As of Mar. 2024)


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What is GBank Financial Holdings 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.

GBank Financial Holdings's operating assets for the quarter that ended in Mar. 2024 was $909.27 Mil. GBank Financial Holdings's operating liabilities for the quarter that ended in Mar. 2024 was $819.44 Mil. GBank Financial Holdings's Total Assets for the quarter that ended in Dec. 2023 was $918.38 Mil. Therefore, GBank Financial Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.10.


GBank Financial Holdings 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.

GBank Financial Holdings'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 )
=(820.447-758.443)/678.702
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=918.38 - 97.933
=820.447

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=819.953 - 31.51 - 30
=758.443

GBank Financial Holdings'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 )
=(909.272-819.443)/918.38
=0.10

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=963.45 - 54.178
=909.272

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=860.884 - 31.441 - 10
=819.443

* 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.


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GBank Financial Holdings (GBank Financial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
9115 West Russell Road, Suite 110, Las Vegas, NV, USA, 89148
GBank Financial Holdings Inc, through its subsidiary, provides banking services to commercial and consumer customers. Its services include Business Savings Account; Business Money Market Account; Commercial Real Estate Loans; Equipment Loans; Medical/Professional Loans and others.