Banca Sistema SpA (LTS:0R9H) Scaled Net Operating Assets : 0.07 (As of Sep. 2024)

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What is Banca Sistema SpA 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.

Banca Sistema SpA's operating assets for the quarter that ended in Sep. 2024 was €4,667.8 Mil. Banca Sistema SpA's operating liabilities for the quarter that ended in Sep. 2024 was €4,313.2 Mil. Banca Sistema SpA's Total Assets for the quarter that ended in Jun. 2024 was €4,739.8 Mil. Therefore, Banca Sistema SpA's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.07.

Banca Sistema SpA 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.

Banca Sistema SpA'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 )
=	(4321.713	-	3996.801)	/	4397.401
=	0.07

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4572.4	-	250.687
=	4321.713

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4295.051	-	298.25	-	0
=	3996.801

Banca Sistema SpA'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 )
=	(4667.816	-	4313.213)	/	4739.81
=	0.07

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4778.307	-	110.491
=	4667.816

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4482.901	-	169.688	-	0
=	4313.213

* 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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Banca Sistema SpA Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

BST:Italy B2S:Germany

Address

Largo Augusto 1/A, At the corner of Via Verziere 13, Milan, ITA, 20122

Website

https://www.bancasistema.it

Banca Sistema SpA provides factoring and banking services. It is specialized in the acquisition, management, and financing of receivables. The firm's products and services comprise current accounts, time deposits, funding for SMEs, non-recourse factoring, credit management, and payment services. Segment reporting of the company includes the following divisions: Factoring Division includes the business related to the origination of trade and tax receivables with and without recourse and the management. CQ Division, which includes the business related to the purchase of salary- and pension-backed loans. Collateralized Lending Division includes the business related to collateral-backed loans. Corporate Division includes activities related to the management of the Group's financial resources.