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SpareBank 1 Ostlandet (OSL:SPOL) Scaled Net Operating Assets : 0.39 (As of Mar. 2024)


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What is SpareBank 1 Ostlandet 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 Ostlandet's operating assets for the quarter that ended in Mar. 2024 was kr179,017 Mil. SpareBank 1 Ostlandet's operating liabilities for the quarter that ended in Mar. 2024 was kr110,938 Mil. SpareBank 1 Ostlandet's Total Assets for the quarter that ended in Dec. 2023 was kr176,333 Mil. Therefore, SpareBank 1 Ostlandet's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.39.


SpareBank 1 Ostlandet 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 Ostlandet'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 )
=(175836-110244)/170419
=0.38

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=176333 - 497
=175836

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=155675 - 45431 - 0
=110244

SpareBank 1 Ostlandet'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 )
=(179017-110938)/176333
=0.39

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=180275 - 1258
=179017

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=159616 - 48678 - 0
=110938

* 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 Ostlandet (OSL:SPOL) Business Description

Traded in Other Exchanges
Address
Strandgata 15, Postbox 203, Hamar, NOR, N-2302
SpareBank 1 Ostlandet is a banking company. The group's segment reporting is primarily divided into the following areas: retail banking, corporate banking, financing, real estate brokerage, accounting, and other operations. The bank offers services to individuals, public and private sector, businesses and others.Geographically, most of the activities of the group are functioned through the region of Norway.