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Bank Millennium (FRA:1HN) Scaled Net Operating Assets : 0.07 (As of Dec. 2024)


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What is Bank Millennium 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.

Bank Millennium's operating assets for the quarter that ended in Dec. 2024 was €33,077 Mil. Bank Millennium's operating liabilities for the quarter that ended in Dec. 2024 was €30,574 Mil. Bank Millennium's Total Assets for the quarter that ended in Sep. 2024 was €33,586 Mil. Therefore, Bank Millennium's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.07.

Bank Millennium 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.

Bank Millennium's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(33077.286-30574.427)/31092.549
=0.08

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=34469.213 - 1391.927
=33077.286

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32544.103 - 1969.676 - 0
=30574.427

Bank Millennium's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(33077.286-30574.427)/33586.426
=0.07

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=34469.213 - 1391.927
=33077.286

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32544.103 - 1969.676 - 0
=30574.427

* 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.

Bank Millennium Scaled Net Operating Assets Related Terms

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Bank Millennium Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Millennium SA (FRA:1HN) » Definitions » Scaled Net Operating Assets
Comparable Companies
WAR:BHW WAR:BNP WAR:BOS WAR:GTN WAR:CFS WAR:MBK WAR:ING WAR:PEO WAR:SPL NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK SGX:D05 XPAR:BNP MIL:ISP MIL:UCG PNC NSE:SBIN TSE:8411
Traded in Other Exchanges
MIL:Poland 0DRH:UK
Address
ul. Stanis?awa ?aryna 2A, Warsaw, POL, 02-593
Website
https://www.bankmillennium.pl
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, FX mortgage loans, treasury operations, assets/liabilities management and other segment. The company derives the majority of its revenue from the retail segment which comprises the banking products and services provided to individual customers on the mass market, affluent customers, sole traders as well as services to small companies.