Sparebanken More (OSL:MORG) Scaled Net Operating Assets : 0.50 (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Sparebanken More 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.

Sparebanken More's operating assets for the quarter that ended in Dec. 2023 was kr96,469 Mil. Sparebanken More's operating liabilities for the quarter that ended in Dec. 2023 was kr49,301 Mil. Sparebanken More's Total Assets for the quarter that ended in Sep. 2023 was kr94,675 Mil. Therefore, Sparebanken More's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.50.

Sparebanken More 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.

Sparebanken More'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 )
=	(96469	-	49301)	/	89501
=	0.53

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	96735	-	266
=	96469

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	88055	-	38754	-	0
=	49301

Sparebanken More's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(96469	-	49301)	/	94675
=	0.50

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	96735	-	266
=	96469

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	88055	-	38754	-	0
=	49301

* 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.

Sparebanken More Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Sparebanken More's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Sparebanken More (OSL:MORG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sparebanken More (OSL:MORG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MORGo:UK

Address

Kipervikgata 6, Ålesund, NOR, 6003

Website

https://www.sbm.no

Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, saving accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services as well as insurance industries. It firm manages its business into three segments Corporate, Retail, and Real estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.