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HCKG (Hocking Valley Bancshares) Scaled Net Operating Assets : 0.97 (As of Jun. 2024)


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What is Hocking Valley 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.

Hocking Valley Bancshares's operating assets for the quarter that ended in Jun. 2024 was $31.19 Mil. Hocking Valley Bancshares's operating liabilities for the quarter that ended in Jun. 2024 was $0.16 Mil. Hocking Valley Bancshares's Total Assets for the quarter that ended in Mar. 2024 was $31.92 Mil. Therefore, Hocking Valley Bancshares's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.97.

Hocking Valley 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.

Hocking Valley 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 )
=(319.848-301.934)/328.18
=0.05

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=333.209 - 13.361
=319.848

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=301.934 - 0 - 0
=301.934

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

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(31.191-0.156)/31.922
=0.97

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=32.903 - 1.712
=31.191

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.156 - 0 - 0
=0.156

* 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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Hocking Valley Bancshares Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hocking Valley Bancshares (OTCPK:HCKG) » Definitions » Scaled Net Operating Assets
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CNAF BCCB FSBH PCLB FBPA WBZB ALBY GWBK MCHT FPBC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA NSE:SBIN SGX:D05 XPAR:BNP MIL:ISP PNC
Traded in Other Exchanges
N/A
Address
7 W Stimson Ave, Athens, OH, USA, 45701
Website
https://www.hvbonline.com
Hocking Valley Bancshares is a bank holding company that operates as a community bank that provides personal and commercial banking products and services. It offers personal, business, and digital banking services. Its services include Checking, Savings, Mobile Banking, Debit and Credit Cards, Online Banking, and Others.