Ringkjoebing Landbobank A/S (LTS:0RPR) Scaled Net Operating Assets : 0.20 (As of Mar. 2024)

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What is Ringkjoebing Landbobank A/S 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.

Ringkjoebing Landbobank A/S's operating assets for the quarter that ended in Mar. 2024 was kr68,521 Mil. Ringkjoebing Landbobank A/S's operating liabilities for the quarter that ended in Mar. 2024 was kr53,849 Mil. Ringkjoebing Landbobank A/S's Total Assets for the quarter that ended in Dec. 2023 was kr73,520 Mil. Therefore, Ringkjoebing Landbobank A/S's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.20.

Ringkjoebing Landbobank A/S 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.

Ringkjoebing Landbobank A/S'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 )
=	(68176.436	-	53755.661)	/	68979.581
=	0.21

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	73519.64	-	5343.204
=	68176.436

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	63068.436	-	9312.775	-	0
=	53755.661

Ringkjoebing Landbobank A/S'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 )
=	(68521.348	-	53849.06)	/	73519.64
=	0.20

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	73437.977	-	4916.629
=	68521.348

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	62978.412	-	9129.352	-	0
=	53849.06

* 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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Ringkjoebing Landbobank A/S (LTS:0RPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ringkjoebing Landbobank A/S (LTS:0RPR) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

RILBA:Denmark CJ2:Germany

Address

Torvet 1, Ringkobing, DNK, 6950

Website

http://www.landbobanken.com

Ringkjoebing Landbobank A/S is a bank that carries out its operating activities primarily in Denmark. A majority of the bank's core income is net interest income. Most of the bank's net fees, commissions, and foreign exchange income are derived from asset management, followed by guarantee commissions, securities trading, and custody accounts. The bank's capital objective is to maintain strong capitalization for future growth while covering any fluctuation of the risks it assumes. The bank's credit is diversified to the energy business, as well as financial services, real property, and agriculture.