NOBA Bank Group AB (publ) (CHIX:NOBAS) Scaled Net Operating Assets: 0.34 (As of Mar. 2026)

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CHIX:NOBAS NOBA Bank Group AB (publ) CHIX:NOBAS
11 GF Score
Price kr86.00
! 1 Warning Sign
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What is NOBA Bank Group AB (publ) Scaled Net Operating Assets?

NOBA Bank Group AB (publ) CHIX:NOBAS +0.47% 11 Scaled Net Operating Assets is 0.34 as of Mar. 2026. GuruFocus rates CHIX:NOBAS with a GF Score™ of 11/100. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NOBA Bank Group AB (publ)'s operating assets for the quarter that ended in Mar. 2026 was kr170,876 Mil. NOBA Bank Group AB (publ)'s operating liabilities for the quarter that ended in Mar. 2026 was kr115,735 Mil. NOBA Bank Group AB (publ)'s Total Assets for the quarter that ended in Dec. 2025 was kr162,909 Mil. Therefore, NOBA Bank Group AB (publ)'s scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.34.

CHIX:NOBAS
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NOBA Bank Group AB (publ) CHIX:NOBAS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NOBA Bank Group AB (publ) 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.

NOBA Bank Group AB (publ)'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(161763-111126)/159143
=0.32

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=162909 - 1146
=161763

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=136656 - 25530 - 0
=111126

NOBA Bank Group AB (publ)'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(170876-115735)/162909
=0.34

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=171244 - 368
=170876

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=143565 - 27830 - 0
=115735

* 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.

What does a Scaled Net Operating Assets of 0.34 mean?
NOBA Bank Group AB (publ) (CHIX:NOBAS) has a Scaled Net Operating Assets of 0.34 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on NOBA Bank Group AB (publ) and its competitors.
Is NOBA Bank Group AB (publ)'s Scaled Net Operating Assets too high?
NOBA Bank Group AB (publ)'s current Scaled Net Operating Assets is 0.34. Overall, NOBA Bank Group AB (publ) has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does NOBA Bank Group AB (publ)'s Scaled Net Operating Assets compare to JPM and BAC?
NOBA Bank Group AB (publ)'s Scaled Net Operating Assets of 0.34 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on NOBA Bank Group AB (publ) and its competitors. NOBA Bank Group AB (publ)'s current Scaled Net Operating Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOBA Bank Group AB (publ) stock overvalued right now?
NOBA Bank Group AB (publ) (CHIX:NOBAS) has a current Scaled Net Operating Assets of 0.34. The current Scaled Net Operating Assets is 0.34. NOBA Bank Group AB (publ)'s overall GF Score™ is 11/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For NOBA Bank Group AB (publ) (CHIX:NOBAS), the current Scaled Net Operating Assets is 0.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NOBA Bank Group AB (publ) Business Description

Other Exchanges NOBA:Sweden
Address Box 23124, Stockholm, SWE, 104 35
NOBA Bank Group AB (publ) is a European specialist bank operating through three brands: Nordax Bank, Bank Norwegian, and Svensk Hypotekspension. It offers retail financial products in four main segments: Private Loans, Credit Cards, Secured Loans (including specialist and equity release mortgages), and Other services such as deposits. Geographically, the company operates in eight countries, with a presence in the Nordic region (Sweden, Norway, Finland, Denmark), as well as Germany, Spain, the Netherlands, and Ireland.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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