Two Rivers Financial Group (Two Rivers Financial Group) Scaled Net Operating Assets : 0.11 (As of Mar. 2024)

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What is Two Rivers Financial Group 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.

Two Rivers Financial Group's operating assets for the quarter that ended in Mar. 2024 was $1,172.73 Mil. Two Rivers Financial Group's operating liabilities for the quarter that ended in Mar. 2024 was $1,040.94 Mil. Two Rivers Financial Group's Total Assets for the quarter that ended in Dec. 2023 was $1,198.27 Mil. Therefore, Two Rivers Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.

Two Rivers Financial Group 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.

Two Rivers Financial Group'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 )
=	(1177.526	-	1024.551)	/	1248.875
=	0.12

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1198.267	-	20.741
=	1177.526

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1099.856	-	75.305	-	0
=	1024.551

Two Rivers Financial Group'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 )
=	(1172.732	-	1040.935)	/	1198.267
=	0.11

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1189.994	-	17.262
=	1172.732

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1090.92	-	49.985	-	0
=	1040.935

* 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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Two Rivers Financial Group (Two Rivers Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Two Rivers Financial Group Inc (OTCPK:TRVR) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

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Address

222 North Main Street, P.O. Box 728, Burlington, IA, USA, 52601

Website

https://www.tworivers.bank

Two Rivers Financial Group Inc is a bank holding company. The company offers banking and related services which include Personal Banking, Business Banking, Loans and credit cards and Wealth Management.