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Danske Bank AS (LTS:0NVC) Scaled Net Operating Assets : 0.26 (As of Sep. 2024)


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What is Danske Bank AS 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.

Danske Bank AS's operating assets for the quarter that ended in Sep. 2024 was kr3,407,478 Mil. Danske Bank AS's operating liabilities for the quarter that ended in Sep. 2024 was kr2,427,678 Mil. Danske Bank AS's Total Assets for the quarter that ended in Jun. 2024 was kr3,763,759 Mil. Therefore, Danske Bank AS's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.26.


Danske Bank AS 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.

Danske Bank AS'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 )
=(3493128-2492999)/3790556
=0.26

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3770981 - 277853
=3493128

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3595242 - 1102243 - 0
=2492999

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

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(3407478-2427678)/3763759
=0.26

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3743442 - 335964
=3407478

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3566527 - 1138849 - 0
=2427678

* 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.


Danske Bank AS Scaled Net Operating Assets Related Terms

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Danske Bank AS Business Description

Industry
Address
Holmens Kanal 2-12, Copenhagen, DNK, DK-1092
Founded in 1871, Danske Bank's headquarters are in Copenhagen, Denmark. It is the largest Danish bank with a dominant market share of 24% in lending and 27% in deposits. It operates through 144 branches in Denmark, Finland, Sweden, Norway, and Northern Ireland.