GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Redwood Capital Bancorp (OTCPK:RWCB) » Definitions » Scaled Net Operating Assets

Redwood Capital Bancorp (Redwood Capital Bancorp) Scaled Net Operating Assets : 0.06 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Redwood Capital Bancorp 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.

Redwood Capital Bancorp's operating assets for the quarter that ended in Dec. 2023 was $496.97 Mil. Redwood Capital Bancorp's operating liabilities for the quarter that ended in Dec. 2023 was $464.73 Mil. Redwood Capital Bancorp's Total Assets for the quarter that ended in Dec. 2022 was $525.15 Mil. Therefore, Redwood Capital Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.06.


Redwood Capital 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.

Redwood Capital Bancorp'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 )
=(501.029-464.731)/525.152
=0.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=521.44 - 20.411
=501.029

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=475.731 - 11 - 0
=464.731

Redwood Capital Bancorp'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: Dec. 2022 )
=(496.967-464.731)/525.152
=0.06

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=521.44 - 24.473
=496.967

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=475.731 - 11 - 0
=464.731

* 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.


Redwood Capital Bancorp Scaled Net Operating Assets Related Terms

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


Redwood Capital Bancorp (Redwood Capital Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
402 G Street, Eureka, CA, USA, 95501
Redwood Capital Bancorp provides various banking products and services. The company offers personal such as savings and certificates, real estate loans, and home equity loans; business services such as commercial lending, and money market accounts; online banking info, fraud prevention and other services.