SICP (Silvergate Capital) Scaled Net Operating Assets: -0.51 (As of Sep. 2022)


SICP Silvergate Capital Corp SICP
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Price $0.37
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What is Silvergate Capital Scaled Net Operating Assets?

Silvergate Capital SICP 12 Scaled Net Operating Assets is -0.51 as of Sep. 2022. GuruFocus rates SICP with a GF Score™ of 12/100.

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

Silvergate Capital's operating assets for the quarter that ended in Sep. 2022 was $5,263.27 Mil. Silvergate Capital's operating liabilities for the quarter that ended in Sep. 2022 was $13,420.14 Mil. Silvergate Capital's Total Assets for the quarter that ended in Jun. 2022 was $15,900.49 Mil. Therefore, Silvergate Capital's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2022 was -0.51.

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Silvergate Capital Corp SICP
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Silvergate Capital 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.

Silvergate Capital'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 )
=(10617.549-14380.814)/5586.235
=-0.67

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=16005.495 - 5387.946
=10617.549

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14396.659 - 15.845 - 0
=14380.814

Silvergate Capital'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 )
=(5263.27-13420.14)/15900.494
=-0.51

where

Operating Assets(Q: Sep. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=15467.34 - 10204.07
=5263.27

Operating Liabilities(Q: Sep. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14135.995 - 715.855 - 0
=13420.14

* 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 -0.51 mean?
Silvergate Capital (SICP) has a Scaled Net Operating Assets of -0.51 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 Silvergate Capital and its competitors.
Is Silvergate Capital's Scaled Net Operating Assets too high?
Silvergate Capital's current Scaled Net Operating Assets is -0.51. Overall, Silvergate Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Silvergate Capital's Scaled Net Operating Assets compare to LBNW and TCNB?
Silvergate Capital's Scaled Net Operating Assets of -0.51 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 Silvergate Capital and its competitors. Silvergate Capital's current Scaled Net Operating Assets is -0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvergate Capital stock overvalued right now?
Silvergate Capital (SICP) has a current Scaled Net Operating Assets of -0.51. The current Scaled Net Operating Assets is -0.51. Silvergate Capital's overall GF Score™ is 12/100. 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 Silvergate Capital (SICP), the current Scaled Net Operating Assets is -0.51 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.

Silvergate Capital Business Description

Address 4250 Executive Square, Suite 300, La Jolla, CA, USA, 92037
Silvergate Capital Corp is a provider of various financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.
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