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KeyCorp (KeyCorp) Scaled Net Operating Assets : 0.09 (As of Dec. 2023)


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What is KeyCorp 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.

KeyCorp's operating assets for the quarter that ended in Dec. 2023 was $167,955.00 Mil. KeyCorp's operating liabilities for the quarter that ended in Dec. 2023 was $151,037.00 Mil. KeyCorp's Total Assets for the quarter that ended in Sep. 2023 was $187,851.00 Mil. Therefore, KeyCorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.09.

KeyCorp 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.

KeyCorp'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 )
=(187340-151037)/189813
=0.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=188281 - 941
=187340

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=173644 - 19554 - 3053
=151037

KeyCorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(167955-151037)/187851
=0.09

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=188281 - 20326
=167955

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=173644 - 19554 - 3053
=151037

* 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.

KeyCorp Scaled Net Operating Assets Related Terms

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KeyCorp (KeyCorp) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KeyCorp (NYSE:KEYPRHCL.PFD) » Definitions » Scaled Net Operating Assets
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BAP CFG EWBC RF FHN HBAN WBS CBSH CMA CFR NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
KEYpL.PFD:USA KEYpK.PFD:USA KEYpJ.PFD:USA KEYpI.PFD:USA KEY:USA KEY:Germany KEY:Germany K1EY34:Brazil KEY:Austria
Address
127 Public Square, Cleveland, OH, USA, 44114-1306
Website
https://www.key.com
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.