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Commonwealth Bank of Australia (Commonwealth Bank of Australia) Scaled Net Operating Assets : 0.13 (As of Dec. 2023)


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What is Commonwealth Bank of Australia 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.

Commonwealth Bank of Australia's operating assets for the quarter that ended in Dec. 2023 was $787,503 Mil. Commonwealth Bank of Australia's operating liabilities for the quarter that ended in Dec. 2023 was $678,084 Mil. Commonwealth Bank of Australia's Total Assets for the quarter that ended in Jun. 2023 was $840,836 Mil. Therefore, Commonwealth Bank of Australia's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.13.


Commonwealth Bank of Australia 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.

Commonwealth Bank of Australia's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(768346.979-683817.45)/854012.649
=0.10

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=840835.57 - 72488.591
=768346.979

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=792510.067 - 108692.617 - 0
=683817.45

Commonwealth Bank of Australia's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(787502.677-678084.337)/840835.57
=0.13

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=854062.249 - 66559.572
=787502.677

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=805307.898 - 127223.561 - 0
=678084.337

* 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.


Commonwealth Bank of Australia Scaled Net Operating Assets Related Terms

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Commonwealth Bank of Australia (Commonwealth Bank of Australia) Business Description

Address
11 Harbour Street, Commonwealth Bank Place South, Level 1, Sydney, NSW, AUS, 2000
Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.