Midland Capital Holdings (Midland Capital Holdings) Scaled Net Operating Assets : -0.19 (As of Jun. 2023)

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

What is Midland Capital 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.

Midland Capital Holdings's operating assets for the quarter that ended in Jun. 2023 was $83.46 Mil. Midland Capital Holdings's operating liabilities for the quarter that ended in Jun. 2023 was $107.54 Mil. Midland Capital Holdings's Total Assets for the quarter that ended in Jun. 2022 was $126.42 Mil. Therefore, Midland Capital Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was -0.19.

Midland Capital 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.

Midland Capital Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(83.458	-	107.54)	/	126.415
=	-0.19

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	117.563	-	34.105
=	83.458

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	107.54	-	0	-	0
=	107.54

Midland Capital Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Jun. 2022 )
=	(83.458	-	107.54)	/	126.415
=	-0.19

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	117.563	-	34.105
=	83.458

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	107.54	-	0	-	0
=	107.54

* 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.

Midland Capital Holdings Scaled Net Operating Assets Related Terms

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

Midland Capital Holdings (Midland Capital Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Midland Capital Holdings Corp (OTCPK:MCPH) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8929 South Harlem Avenue, Bridgeview, IL, USA, 60455

Website

https://www.midlandfederal.com

Midland Capital Holdings Corp is engaged in the business of attracting deposits from the general public and using such deposits to originate a residential mortgage and, to a lesser extent, consumer, multi-family, and other loans in its primary market area. The company also makes substantial investments in investment securities and money market mutual funds.

Executives

Richard Lloyd Taylor	director, officer: Vice President	13361 CALLAN DR., ORLAND PARK X1 60462
Algerd Brazis	director
Michael J Kukanza	director