TECTP.PFD (Tectonic Financial) Scaled Net Operating Assets: N/A (As of Mar. 2019)

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What is Tectonic Financial 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.

Tectonic Financial's operating assets for the quarter that ended in Mar. 2019 was $286.78 Mil. Tectonic Financial's operating liabilities for the quarter that ended in Mar. 2019 was $260.30 Mil. Tectonic Financial's Total Assets for the quarter that ended in Mar. 2018 was $0.00 Mil. Therefore, Tectonic Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2019 was N/A.

Tectonic Financial 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.

Tectonic Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

Operating Liabilities(A: . 20 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
= - -
=

Tectonic Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2019 )
=(Operating Assets (Q: Mar. 2019 )-Operating Liabilities (Q: Mar. 2019 ))/Total Assets (Q: Mar. 2018 )
=(286.778-260.301)/0
=N/A

where

Operating Assets(Q: Mar. 2019 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=310.578 - 23.8
=286.778

Operating Liabilities(Q: Mar. 2019 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=280.43 - 20.129 - 0
=260.301

* 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.

Tectonic Financial Business Description

Comparable Companies
Address 16200 Dallas Parkway, Suite 190, Dallas, TX, USA, 75248
Tectonic Financial Inc is a financial holding company that offers banking, trust, investment advisory, securities brokerage, and insurance services to high-net-worth individuals, small businesses, and institutions. It operates through three business segments including Banking; Other Financial Services and HoldCo. The company generates maximum revenue from the Other Financial Services segment.