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Texas Capital Bancshares (Texas Capital Bancshares) Scaled Net Operating Assets : -0.07 (As of Mar. 2024)


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What is Texas Capital Bancshares 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.

Texas Capital Bancshares's operating assets for the quarter that ended in Mar. 2024 was $22,372.93 Mil. Texas Capital Bancshares's operating liabilities for the quarter that ended in Mar. 2024 was $24,400.10 Mil. Texas Capital Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $28,356.27 Mil. Therefore, Texas Capital Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.07.


Texas Capital Bancshares 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.

Texas Capital Bancshares'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 )
=(25113.416-22797.977)/28414.642
=0.08

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=28356.266 - 3242.85
=25113.416

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=25157.124 - 859.147 - 1500
=22797.977

Texas Capital Bancshares'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 )
=(22372.933-24400.1)/28356.266
=-0.07

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=29180.585 - 6807.652
=22372.933

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=26009.923 - 859.823 - 750
=24400.1

* 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.


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Texas Capital Bancshares (Texas Capital Bancshares) Business Description

Traded in Other Exchanges
Address
2000 McKinney Avenue, Suite 700, Dallas, TX, USA, 75201
Texas Capital Bancshares Inc is a secured lender, with the majority of the loans held for investment, excluding mortgage finance loans and other national lines of business. The company's national lines of business provide specialized lending products to businesses throughout the United States. The bank operates in Texas' main metropolitan areas, like Austin, Dallas, Fort Worth, Houston, and San Antonio.