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Indian Overseas Bank (BOM:532388) Scaled Net Operating Assets : 0.11 (As of Mar. 2024)


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What is Indian Overseas Bank 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.

Indian Overseas Bank's operating assets for the quarter that ended in Mar. 2024 was ₹3,330,544 Mil. Indian Overseas Bank's operating liabilities for the quarter that ended in Mar. 2024 was ₹2,939,207 Mil. Indian Overseas Bank's Total Assets for the quarter that ended in Dec. 2023 was ₹3,439,446 Mil. Therefore, Indian Overseas Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.


Indian Overseas Bank 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.

Indian Overseas Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2024 )
=(Operating Assets (A: Mar. 2024 )-Operating Liabilities (A: Mar. 2024 ))/Total Assets (A: Mar. 2023 )
=(3330544.2-2939207)/3134499.04
=0.12

where

Operating Assets(A: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3518693.2 - 188149
=3330544.2

Operating Liabilities(A: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3243078.7 - 303871.7 - 0
=2939207

Indian Overseas Bank'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 )
=(3330544.2-2939207)/3439445.9
=0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3518693.2 - 188149
=3330544.2

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3243078.7 - 303871.7 - 0
=2939207

* 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.


Indian Overseas Bank Scaled Net Operating Assets Related Terms

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Indian Overseas Bank (BOM:532388) Business Description

Traded in Other Exchanges
Address
No. 763, Anna Salai, Chennai, TN, IND, 600 002
Indian Overseas Bank is engaged in banking sector. The bank is based in India and has branches in several Asian countries. The majority of revenue is earned domestically. Its segments are corporate/wholesale banking, treasury, retail banking and other banking operations. The corporate/wholesale banking provides working capital finance, term loans and loans for the information technology sector. The Treasury segment offers asset management services, credit cards, settlement services, and locker facilities while the retail banking segment provides current accounts, term deposits, retail loans, mortgages, insurance, and Internet banking.