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Optima bank (ATH:OPTIMA) Scaled Net Operating Assets : -0.08 (As of Jun. 2023)


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What is Optima bank 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.

Optima bank's operating assets for the quarter that ended in Jun. 2023 was €2,672.4 Mil. Optima bank's operating liabilities for the quarter that ended in Jun. 2023 was €2,885.8 Mil. Optima bank's Total Assets for the quarter that ended in Dec. 2022 was €2,607.7 Mil. Therefore, Optima bank's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was -0.08.


Optima bank 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.

Optima bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(2276.086-2329.49)/1634.918
=-0.03

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2607.737 - 331.651
=2276.086

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2354.784 - 25.294 - 0
=2329.49

Optima bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Dec. 2022 )
=(2672.393-2885.751)/2607.737
=-0.08

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3209.196 - 536.803
=2672.393

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2910.726 - 24.975 - 0
=2885.751

* 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.


Optima bank Scaled Net Operating Assets Related Terms

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Optima bank (ATH:OPTIMA) Business Description

Traded in Other Exchanges
Address
32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125
Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services and Business Receivables Agency.