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SpareBank 1 Sor Norge ASA (FRA:B4M1) Net Current Asset Value : €0.00 (As of Dec. 2024)


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What is SpareBank 1 Sor Norge ASA Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

SpareBank 1 Sor Norge ASA's net current asset value per share for the quarter that ended in Dec. 2024 was €0.00.

The historical rank and industry rank for SpareBank 1 Sor Norge ASA's Net Current Asset Value or its related term are showing as below:

FRA:B4M1's Price-to-Net-Current-Asset-Value is not ranked *
in the Banks industry.
Industry Median: 2.85
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

SpareBank 1 Sor Norge ASA Net Current Asset Value Historical Data

The historical data trend for SpareBank 1 Sor Norge ASA's Net Current Asset Value can be seen below:

* 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.

* Premium members only.

SpareBank 1 Sor Norge ASA Net Current Asset Value Chart

SpareBank 1 Sor Norge ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Current Asset Value
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SpareBank 1 Sor Norge ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of SpareBank 1 Sor Norge ASA's Net Current Asset Value

For the Banks - Regional subindustry, SpareBank 1 Sor Norge ASA's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SpareBank 1 Sor Norge ASA's Price-to-Net-Current-Asset-Value Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Sor Norge ASA's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Sor Norge ASA's Price-to-Net-Current-Asset-Value falls into.



SpareBank 1 Sor Norge ASA Net Current Asset Value Calculation

SpareBank 1 Sor Norge ASA's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(A: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-36317.56-0-0)/375.367
=N/A

SpareBank 1 Sor Norge ASA's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2024 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-36317.56-0-0)/375.367
=N/A

* 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.


SpareBank 1 Sor Norge ASA  (FRA:B4M1) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


SpareBank 1 Sor Norge ASA Net Current Asset Value Related Terms

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SpareBank 1 Sor Norge ASA Business Description

Traded in Other Exchanges
Address
Christen Tranesgate 35, Stavanger, NOR, 4007
SpareBank 1 Sor Norge ASA is a regional bank engaged in selling and procuring a wide range of financial products and services, investment services, leasing, estate agency, and accounting services. The company is organized around three customer segments: Retail customers, SME and Agriculture, and Large Corporations. The company operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.

SpareBank 1 Sor Norge ASA Headlines

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