Triumph Financial (Triumph Financial) Scaled Net Operating Assets : 0.06 (As of Mar. 2024)

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What is Triumph 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.

Triumph Financial's operating assets for the quarter that ended in Mar. 2024 was $4,838.36 Mil. Triumph Financial's operating liabilities for the quarter that ended in Mar. 2024 was $4,522.46 Mil. Triumph Financial's Total Assets for the quarter that ended in Dec. 2023 was $5,347.33 Mil. Therefore, Triumph Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.06.

Triumph 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.

Triumph Financial'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 )
=	(5060.699	-	4077.516)	/	5333.783
=	0.18

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	5347.334	-	286.635
=	5060.699

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4482.934	-	405.418	-	0
=	4077.516

Triumph Financial'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 )
=	(4838.359	-	4522.458)	/	5347.334
=	0.06

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	5575.493	-	737.134
=	4838.359

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4703.154	-	180.696	-	0
=	4522.458

* 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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Triumph Financial (Triumph Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Triumph Financial Inc (NAS:TFINP.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

TFIN:USA

Address

12700 Park Central Drive, Suite 1700, Dallas, TX, USA, 75251

Website

https://www.tfin.com

Triumph Financial Inc is a is a financial holding company. The company has four reportable segments namely Banking, Factoring, Payments, and Corporate. The Banking segment includes the operations of TBK Bank. The Factoring segment includes the operations of Triumph Financial Services with revenue derived from factoring services, The Payments segment includes the operations of TBK Bank's TriumphPay division which provides a presentment, audit, and payment solution to Shipper, Broker, and Factor clients in the trucking industry and The corporate segment includes holding company financing and investment activities and management and administrative expenses to support the overall operations of the Company.