KB Financial Group (BSP:K1BF34) Scaled Net Operating Assets : 0.10 (As of Sep. 2024)

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What is KB Financial Group 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.

KB Financial Group's operating assets for the quarter that ended in Sep. 2024 was R$2,620,350 Mil. KB Financial Group's operating liabilities for the quarter that ended in Sep. 2024 was R$2,343,931 Mil. KB Financial Group's Total Assets for the quarter that ended in Jun. 2024 was R$2,898,901 Mil. Therefore, KB Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.10.

KB Financial Group 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.

KB Financial Group'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 )
=	(2572934.403	-	2011450.175)	/	2792537.169
=	0.20

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2688583.705	-	115649.302
=	2572934.403

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2467433.244	-	455983.069	-	0
=	2011450.175

KB Financial Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(2620350.402	-	2343930.638)	/	2898901.398
=	0.10

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3101763.684	-	481413.282
=	2620350.402

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2852443.731	-	508513.093	-	0
=	2343930.638

* 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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KB Financial Group Business Description

Industry

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Traded in Other Exchanges

KB:USA KB:Mexico 105560:Korea KBIA:Germany KB:Argentina

Address

26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331

Website

https://www.kbfg.com

KB Financial Group Inc is a financial holding company in Korea. The company operations include Kookmin Bank, one of the commercial banks in Korea. The company's subsidiaries collectively engage in a broad range of businesses, including commercial banking, credit cards, asset management, non-life and life insurance, capital markets activities, and international banking and finance. The company's segment includes the Banking business, Securities business, Non-life Insurance business, Credit card business, and life Insurance business. The Group generates the majority of its revenue from the Banking business.