Sparebank 1 Ostfold Akershus (OSL:SOAG) Scaled Net Operating Assets : 0.32 (As of Dec. 2023)

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What is Sparebank 1 Ostfold Akershus 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.

Sparebank 1 Ostfold Akershus's operating assets for the quarter that ended in Dec. 2023 was kr27,924 Mil. Sparebank 1 Ostfold Akershus's operating liabilities for the quarter that ended in Dec. 2023 was kr19,135 Mil. Sparebank 1 Ostfold Akershus's Total Assets for the quarter that ended in Sep. 2023 was kr27,237 Mil. Therefore, Sparebank 1 Ostfold Akershus's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.32.

Sparebank 1 Ostfold Akershus 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.

Sparebank 1 Ostfold Akershus'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 )
=	(27924	-	19135)	/	26674
=	0.33

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	28025	-	101
=	27924

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	23505	-	4370	-	0
=	19135

Sparebank 1 Ostfold Akershus'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 )
=	(27924	-	19135)	/	27237
=	0.32

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	28025	-	101
=	27924

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	23505	-	4370	-	0
=	19135

* 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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Sparebank 1 Ostfold Akershus (OSL:SOAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sparebank 1 Ostfold Akershus (OSL:SOAG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kongensgate 21, Moss, NOR, 1501

Website

https://www2.sparebank1.no

Sparebank 1 Ostfold Akershus is a regional savings bank operating through SpareBank 1 Corp. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.