Renta 4 Banco (LTS:0KBY) Scaled Net Operating Assets : -0.29 (As of Sep. 2023)

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What is Renta 4 Banco 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.

Renta 4 Banco's operating assets for the quarter that ended in Sep. 2023 was €1,278.6 Mil. Renta 4 Banco's operating liabilities for the quarter that ended in Sep. 2023 was €1,872.5 Mil. Renta 4 Banco's Total Assets for the quarter that ended in Jun. 2023 was €2,045.9 Mil. Therefore, Renta 4 Banco's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -0.29.

Renta 4 Banco 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.

Renta 4 Banco's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(1630.465	-	2271.1)	/	2201.45
=	-0.29

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2410.341	-	779.876
=	1630.465

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2292.903	-	21.803	-	0
=	2271.1

Renta 4 Banco's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2023 )
=	(Operating Assets (Q: Sep. 2023 )	-	Operating Liabilities (Q: Sep. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(1278.61	-	1872.485)	/	2045.857
=	-0.29

where

	Operating Assets		(Q: Sep. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2013.988	-	735.378
=	1278.61

	Operating Liabilities		(Q: Sep. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1872.485	-	0	-	0
=	1872.485

* 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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Renta 4 Banco (LTS:0KBY) Business Description

Industry

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R4:Spain

Address

Paseo de la Habana 74, Madrid, ESP, 28036

Website

https://www.renta4banco.com

Renta 4 Banco SA is an asset management company providing wealth management, brokerage services, and corporate advisory services. It operates through a network of branches, agents, and subsidiaries spread widely across Spain and offers services to individuals and financial intermediaries, and small and medium-sized enterprises. Its activities include the provision of investment services, and the acquisition, holding, exploitation, administration, and disposal of all manner of transferable securities. It has three businesses as a reportable segment Intermediation, Portfolio, and asset management and advice, and Corporate Services.