GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lloyds Banking Group PLC (LSE:LLD6) » Definitions » Scaled Net Operating Assets

Lloyds Banking Group (LSE:LLD6) Scaled Net Operating Assets : 0.07 (As of Mar. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Lloyds Banking 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.

Lloyds Banking Group's operating assets for the quarter that ended in Mar. 2024 was $1,040,207 Mil. Lloyds Banking Group's operating liabilities for the quarter that ended in Mar. 2024 was $958,953 Mil. Lloyds Banking Group's Total Assets for the quarter that ended in Dec. 2023 was $1,115,763 Mil. Therefore, Lloyds Banking Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.07.


Lloyds Banking 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.

Lloyds Banking 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 )
=(1015735.443-937240.506)/1063817.296
=0.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1115763.291 - 100027.848
=1015735.443

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1055807.595 - 118567.089 - 0
=937240.506

Lloyds Banking Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1040207.115-958952.986)/1115763.291
=0.07

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1130410.419 - 90203.304
=1040207.115

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1069684.879 - 110731.893 - 0
=958952.986

* 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.


Lloyds Banking Group Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Lloyds Banking Group's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Lloyds Banking Group (LSE:LLD6) Business Description

Address
25 Gresham Street, London, GBR, EC2V 7HN
Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large corporates and financial institutions in the U.K. Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.