Svenska Handelsbanken AB (Svenska Handelsbanken AB) Scaled Net Operating Assets : 0.35 (As of Mar. 2024)

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What is Svenska Handelsbanken AB 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.

Svenska Handelsbanken AB's operating assets for the quarter that ended in Mar. 2024 was $304,689 Mil. Svenska Handelsbanken AB's operating liabilities for the quarter that ended in Mar. 2024 was $184,869 Mil. Svenska Handelsbanken AB's Total Assets for the quarter that ended in Dec. 2023 was $344,895 Mil. Therefore, Svenska Handelsbanken AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.35.

Svenska Handelsbanken AB 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.

Svenska Handelsbanken AB'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 )
=	(297861	-	144420.819)	/	332792.253
=	0.46

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	344894.712	-	47033.712
=	297861

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	324901.146	-	180480.327	-	0
=	144420.819

Svenska Handelsbanken AB'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 )
=	(304689.328	-	184868.652)	/	344894.712
=	0.35

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	360789.527	-	56100.199
=	304689.328

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	342581.33	-	157712.678	-	0
=	184868.652

* 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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Svenska Handelsbanken AB (Svenska Handelsbanken AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Svenska Handelsbanken AB (OTCPK:SVNLY) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

SVNLF:USA SHB B:Sweden SHB A:Sweden SHBA:Mexico SHBAs:UK 0R7R:UK SVHG:Germany

Address

Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70

Website

https://www.handelsbanken.com

Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises. The bank increasingly offers asset-management, mutual fund and private banking services to its clients.