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Driver & Bengsch AG (FRA:D8B1) Scaled Net Operating Assets : -0.04 (As of Jun. 2012)


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What is Driver & Bengsch AG 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.

Driver & Bengsch AG's operating assets for the quarter that ended in Jun. 2012 was €1.41 Mil. Driver & Bengsch AG's operating liabilities for the quarter that ended in Jun. 2012 was €1.47 Mil. Driver & Bengsch AG's Total Assets for the quarter that ended in Dec. 2011 was €1.68 Mil. Therefore, Driver & Bengsch AG's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2012 was -0.04.


Driver & Bengsch AG 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.

Driver & Bengsch AG's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2011 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2011 )
=(Operating Assets (A: Dec. 2011 )-Operating Liabilities (A: Dec. 2011 ))/Total Assets (A: Dec. 2010 )
=(1.632-1.395)/2.305
=0.10

where

Operating Assets(A: Dec. 2011 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1.675 - 0.043
=1.632

Operating Liabilities(A: Dec. 2011 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.401 - 0.006 - 0
=1.395

Driver & Bengsch AG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2012 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2012 )
=(Operating Assets (Q: Jun. 2012 )-Operating Liabilities (Q: Jun. 2012 ))/Total Assets (Q: Dec. 2011 )
=(1.406-1.468)/1.675
=-0.04

where

Operating Assets(Q: Jun. 2012 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1.436 - 0.03
=1.406

Operating Liabilities(Q: Jun. 2012 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1.468 - 0 - 0
=1.468

* 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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Driver & Bengsch AG (FRA:D8B1) Business Description

Traded in Other Exchanges
N/A
Address
Berliner Platz 6a, Itzehoe, DEU, 25524
Driver & Bengsch AG is a Germany-based holding company offering various financial services including insurance and real estate brokerage and financial advisory services.