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EQB (TSX:EQB) Scaled Net Operating Assets : 0.38 (As of Oct. 2024)


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What is EQB 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.

EQB's operating assets for the quarter that ended in Oct. 2024 was C$51,201 Mil. EQB's operating liabilities for the quarter that ended in Oct. 2024 was C$30,824 Mil. EQB's Total Assets for the quarter that ended in Jul. 2024 was C$54,070 Mil. Therefore, EQB's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.38.

EQB 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.

EQB's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2024 )
=(Operating Assets (A: Oct. 2024 )-Operating Liabilities (A: Oct. 2024 ))/Total Assets (A: Dec. 2022 )
=(52642.28-30824.011)/51144.957
=0.43

where

Operating Assets(A: Oct. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=53233.921 - 591.641
=52642.28

Operating Liabilities(A: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50095.736 - 18324.769 - 946.956
=30824.011

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

Scaled Net Operating Assets (SNOA)(Q: Oct. 2024 )
=(Operating Assets (Q: Oct. 2024 )-Operating Liabilities (Q: Oct. 2024 ))/Total Assets (Q: Jul. 2024 )
=(51201.144-30824.011)/54069.736
=0.38

where

Operating Assets(Q: Oct. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=53233.921 - 2032.777
=51201.144

Operating Liabilities(Q: Oct. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50095.736 - 18324.769 - 946.956
=30824.011

* 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.

EQB Scaled Net Operating Assets Related Terms

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EQB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » EQB Inc (TSX:EQB) » Definitions » Scaled Net Operating Assets
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TSX:CWB TSX:LB TSX:VBNK NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN PNC USB ISX:BBCA HKSE:01658 MIL:ISP XPAR:BNP NU TFC TSE:8411 ADX:INVESTB MIL:UCG
Traded in Other Exchanges
EQGPF:USA V22:Germany V22:Germany
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
Website
https://www.eqbank.ca
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Timothy Paul Charron Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Daniel Broten Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Andrew Moor Senior Officer
Michael Paul Mignardi Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Chadwick Westlake Senior Officer
Darren Lorimer Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Isabelle Farella Senior Officer
Mahima Poddar Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Stramaglia Director
David Wilkes Senior Officer
Yongah Kim Director
Oakwest Corporation Limited 10% Security Holder
Ronald Walter Tratch Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
David Malcolm Balfour Legresley Director
Susan Ericksen Director