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Fynske Bank A/S (OCSE:FYNBK) Scaled Net Operating Assets : 0.10 (As of Mar. 2024)


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What is Fynske Bank A/S 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.

Fynske Bank A/S's operating assets for the quarter that ended in Mar. 2024 was kr8,442.5 Mil. Fynske Bank A/S's operating liabilities for the quarter that ended in Mar. 2024 was kr7,585.5 Mil. Fynske Bank A/S's Total Assets for the quarter that ended in Dec. 2023 was kr8,945.8 Mil. Therefore, Fynske Bank A/S's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.10.


Fynske Bank A/S 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.

Fynske Bank A/S'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 )
=(8439.074-7397.258)/8774.914
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8945.824 - 506.75
=8439.074

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7586.88 - 189.622 - 0
=7397.258

Fynske Bank A/S'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 )
=(8442.451-7585.546)/8945.824
=0.10

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8931.431 - 488.98
=8442.451

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7585.546 - 0 - 0
=7585.546

* 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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Fynske Bank A/S (OCSE:FYNBK) Business Description

Traded in Other Exchanges
N/A
Address
Centrumpladsen 19, Svendborg, DNK, 5700
Fynske Bank A/S is a bank and financial service provider. Its activities are ordinary banking,consisting of deposits, loans, guarantees, securities trading and currency as well as advice regarding financing, retirement, investment and housing trade. It offers financing, insurance, pension products, investment and asset management services to retail customer market and to small and medium-sized businesses.