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Wells Fargo Scaled Net Operating Assets

: -0.05 (As of Mar. 2021)
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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Wells Fargo's operating assets for the quarter that ended in Mar. 2021 was $1,471,960 Mil. Wells Fargo's operating liabilities for the quarter that ended in Mar. 2021 was $1,575,834 Mil. Wells Fargo's Total Assets for the quarter that ended in Dec. 2020 was $1,955,163 Mil. Therefore, Wells Fargo's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2021 was -0.05.


Wells Fargo 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.

Wells Fargo's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(1690551-1543656)/1927555
=0.08

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash and cash equivalents
=1955163 - 264612
=1690551

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1769243 - 212950 - 12637
=1543656

Wells Fargo's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2021 )
=(Operating Assets (Q: Mar. 2021 )-Operating Liabilities (Q: Mar. 2021 ))/Total Assets (Q: Dec. 2020 )
=(1471960-1575834)/1955163
=-0.05

where

Operating Assets(Q: Mar. 2021 )
=Total Assets - Cash and cash equivalents
=1959543 - 487583
=1471960

Operating Liabilities(Q: Mar. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1771195 - 183312 - 12049
=1575834

* 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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