Laurentian Bank of Canada (TSX:LB.PR.J.PFD) Scaled Net Operating Assets : 0.34 (As of Jan. 2024)

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What is Laurentian Bank of Canada 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.

Laurentian Bank of Canada's operating assets for the quarter that ended in Jan. 2024 was C$47,296.87 Mil. Laurentian Bank of Canada's operating liabilities for the quarter that ended in Jan. 2024 was C$30,179.96 Mil. Laurentian Bank of Canada's Total Assets for the quarter that ended in Oct. 2023 was C$49,893.45 Mil. Therefore, Laurentian Bank of Canada's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.34.

Laurentian Bank of Canada 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.

Laurentian Bank of Canada's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Oct. 2023 )
=	(Operating Assets (A: Oct. 2023 )	-	Operating Liabilities (A: Oct. 2023 ))	/	Total Assets (A: Oct. 2022 )
=	(48461.276	-	31804.203)	/	50716.758
=	0.33

where

	Operating Assets		(A: Oct. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	49893.453	-	1432.177
=	48461.276

	Operating Liabilities		(A: Oct. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	47034.633	-	15230.43	-	0
=	31804.203

Laurentian Bank of Canada's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jan. 2024 )
=	(Operating Assets (Q: Jan. 2024 )	-	Operating Liabilities (Q: Jan. 2024 ))	/	Total Assets (Q: Oct. 2023 )
=	(47296.871	-	30179.959)	/	49893.453
=	0.34

where

	Operating Assets		(Q: Jan. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	48075.751	-	778.88
=	47296.871

	Operating Liabilities		(Q: Jan. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	45189.261	-	15009.302	-	0
=	30179.959

* 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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Laurentian Bank of Canada (TSX:LB.PR.J.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Laurentian Bank of Canada (TSX:LB.PR.J.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

LRCDF:USA LT7:Germany LB.PR.H.PFD:Canada LB:Canada

Address

1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5

Website

https://www.lbcfg.ca

Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.