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Westpac Banking (NZSE:WBC) Scaled Net Operating Assets : 0.11 (As of Sep. 2024)


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What is Westpac Banking 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.

Westpac Banking's operating assets for the quarter that ended in Sep. 2024 was NZ$988,524 Mil. Westpac Banking's operating liabilities for the quarter that ended in Sep. 2024 was NZ$868,591 Mil. Westpac Banking's Total Assets for the quarter that ended in Mar. 2024 was NZ$1,134,803 Mil. Therefore, Westpac Banking's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.11.

Westpac Banking 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.

Westpac Banking's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2024 )
=(Operating Assets (A: Sep. 2024 )-Operating Liabilities (A: Sep. 2024 ))/Total Assets (A: Sep. 2023 )
=(1100283.632-868590.571)/1115809.103
=0.21

where

Operating Assets(A: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1172385.381 - 72101.749
=1100283.632

Operating Liabilities(A: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1093991.634 - 199772.84 - 25628.223
=868590.571

Westpac Banking'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: Mar. 2024 )
=(988523.691-868590.571)/1134803.071
=0.11

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1172385.381 - 183861.69
=988523.691

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1093991.634 - 199772.84 - 25628.223
=868590.571

* 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.

Westpac Banking Scaled Net Operating Assets Related Terms

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Westpac Banking Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Westpac Banking Corp (NZSE:WBC) » Definitions » Scaled Net Operating Assets
Comparable Companies
ASX:ANZ ASX:NAB ASX:CBA JPM BAC SHSE:601398 WFC SHSE:601288 SHSE:601939 SHSE:601988 TSX:RY LSE:HSBA TSE:8306 C XSWX:UBSG TSX:TD TSE:8316 TSX:BNS XMAD:SAN TSX:BMO
Traded in Other Exchanges
WEBNF:USA WBC:Germany WBCPL.PFD:Australia WBCPK.PFD:Australia WBCPJ.PFD:Australia WBCPI.PFD:Australia WBCPH.PFD:Australia WBC:Australia
Address
275 Kent Street, Sydney, NSW, AUS, 2000
Website
https://www.westpac.com.au
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.