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Wells Fargo Scaled Net Operating Assets

: 0.02 (As of Mar. 2020)
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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. 2020 was $1,579,311 Mil. Wells Fargo's operating liabilities for the quarter that ended in Mar. 2020 was $1,546,812 Mil. Wells Fargo's Total Assets for the quarter that ended in Dec. 2019 was $1,927,555 Mil. Therefore, Wells Fargo's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2020 was 0.02.


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. 2019 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2019 )
=(Operating Assets (A: Dec. 2019 )-Operating Liabilities (A: Dec. 2019 ))/Total Assets (A: Dec. 2018 )
=(1786305-1498433)/1895883
=0.15

where

Operating Assets(A: Dec. 2019 )
=Total Assets - Cash and cash equivalents
=1927555 - 141250
=1786305

Operating Liabilities(A: Dec. 2019 )
=Total Liabilities - Minority Interest - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1739571 - 838 - 228191 - 12109
=1498433

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

Scaled Net Operating Assets (SNOA)(Q: Mar. 2020 )
=(Operating Assets (Q: Mar. 2020 )-Operating Liabilities (Q: Mar. 2020 ))/Total Assets (Q: Dec. 2019 )
=(1579311-1546812)/1927555
=0.02

where

Operating Assets(Q: Mar. 2020 )
=Total Assets - Cash and cash equivalents
=1981349 - 402038
=1579311

Operating Liabilities(Q: Mar. 2020 )
=Total Liabilities - Minority Interest - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1798019 - 612 - 237342 - 13253
=1546812

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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