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TMAK (Touchmark Bancshares) Scaled Net Operating Assets : 0.05 (As of Sep. 2024)


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What is Touchmark 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.

Touchmark Bancshares's operating assets for the quarter that ended in Sep. 2024 was $414.66 Mil. Touchmark Bancshares's operating liabilities for the quarter that ended in Sep. 2024 was $390.15 Mil. Touchmark Bancshares's Total Assets for the quarter that ended in Mar. 2024 was $504.93 Mil. Therefore, Touchmark Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.05.

Touchmark 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.

Touchmark 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 )
=(479.33-456.551)/340.233
=0.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=527.173 - 47.843
=479.33

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=456.627 - 0.076 - 0
=456.551

Touchmark Bancshares's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Mar. 2024 )
=(414.661-390.15)/504.926
=0.05

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=464.973 - 50.312
=414.661

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=390.15 - 0 - 0
=390.15

* 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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Touchmark Bancshares Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Touchmark Bancshares Inc (OTCPK:TMAK) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
3651 Old Milton Parkway, Alpharetta, GA, USA, 30005
Website
https://www.touchmarknb.com
Touchmark Bancshares Inc, through its banking subsidiary, Touchmark National Bank provides banking services to small- to mid-sized commercial, professional, and service companies and consumers. It offers services including Online banking, Personal banking, Business banking, and SBA, Its sources of revenue are derived from the Bank's loans to customers and its investment portfolio.
Executives
Howard R. Greenfield director 3740 DAVINCI COURT SUITE 150 NORCROSS GA 30092