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United Bankshares (STU:UNK) Scaled Net Operating Assets : 0.05 (As of Mar. 2024)


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What is United Bankshares 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.

United Bankshares's operating assets for the quarter that ended in Mar. 2024 was €22,708.7 Mil. United Bankshares's operating liabilities for the quarter that ended in Mar. 2024 was €21,327.4 Mil. United Bankshares's Total Assets for the quarter that ended in Dec. 2023 was €27,442.6 Mil. Therefore, United Bankshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.05.

United Bankshares 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.

United Bankshares'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 )
=(25977.426-21161.755)/27837.975
=0.17

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27442.584 - 1465.158
=25977.426

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23067.357 - 1725.783 - 179.819
=21161.755

United Bankshares'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 )
=(22708.694-21327.375)/27442.584
=0.05

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27626.494 - 4917.8
=22708.694

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23203.648 - 1685.164 - 191.109
=21327.375

* 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.

United Bankshares Scaled Net Operating Assets Related Terms

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United Bankshares (STU:UNK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bankshares Inc (STU:UNK) » Definitions » Scaled Net Operating Assets
Comparable Companies
FFIN GBCI HOMB UMBF HWC COLB FNB VLY CADE TFSL NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP MIC:SBER SGX:D05 ISX:BBCA MIL:ISP
Traded in Other Exchanges
UBSI:USA UNK:Germany
Address
500 Virginia Street, 300 United Center, East Charleston, Charleston, WV, USA, 25301
Website
https://www.ubsi-inc.com
United Bankshares Inc is a financial holding company that provides banking services. The company operates in two segments: Community banking, which accepts deposits, makes loans (for personal, credit card, commercial, and construction uses), provides brokerage services, safe deposit boxes, and related services; and Mortgage banking, which offers and acquires home mortgages through an indirectly owned subsidiary. Nearly all revenue comes from the community banking segment.