Standard Bank Group (JSE:SBKP.PFD) Scaled Net Operating Assets : 0.06 (As of Jun. 2024)

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What is Standard Bank 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.

Standard Bank Group's operating assets for the quarter that ended in Jun. 2024 was R2,987,120.00 Mil. Standard Bank Group's operating liabilities for the quarter that ended in Jun. 2024 was R2,789,173.00 Mil. Standard Bank Group's Total Assets for the quarter that ended in Dec. 2023 was R3,065,745.00 Mil. Therefore, Standard Bank Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.06.

Standard Bank 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.

Standard Bank 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 )
=	(2924583	-	2652186)	/	2882397
=	0.09

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3065745	-	141162
=	2924583

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2788825	-	136639	-	0
=	2652186

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

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(2987120	-	2789173)	/	3065745
=	0.06

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3100316	-	113196
=	2987120

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2820193	-	31020	-	0
=	2789173

* 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.

Standard Bank Group Scaled Net Operating Assets Related Terms

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Standard Bank Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Group Ltd (JSE:SBKP.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SBPP.PFD:South Africa SBK:South Africa SGBLY:USA SBGOF:USA SNB:Namibia SKC2:Germany

Address

5 Simmonds Street, 9th Floor, Standard Bank Centre, Johannesburg, GT, ZAF, 2001

Website

https://www.standardbank.com

Standard Bank Group Ltd provides banking and other financial services. Its operating model is client-led and structured around its business units which are Personal & Private Banking (PPB), Business and Commercial Banking (BCB), Corporate and Investment Banking (CIB), and Insurance & Asset Management (IAM). It offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. The company generates nearly all its income in Africa.