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Hvidbjerg Bank A/S (OCSE:HVID) Scaled Net Operating Assets : -0.10 (As of Mar. 2024)


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What is Hvidbjerg Bank 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.

Hvidbjerg Bank A/S's operating assets for the quarter that ended in Mar. 2024 was kr1,553.9 Mil. Hvidbjerg Bank A/S's operating liabilities for the quarter that ended in Mar. 2024 was kr1,762.7 Mil. Hvidbjerg Bank A/S's Total Assets for the quarter that ended in Dec. 2023 was kr2,055.0 Mil. Therefore, Hvidbjerg Bank A/S's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.10.


Hvidbjerg Bank 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.

Hvidbjerg Bank 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 )
=(1508.425-1746.872)/1741.639
=-0.14

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2054.987 - 546.562
=1508.425

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1801.556 - 54.684 - 0
=1746.872

Hvidbjerg Bank 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 )
=(1553.892-1762.653)/2054.987
=-0.10

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2079.623 - 525.731
=1553.892

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1817.366 - 54.713 - 0
=1762.653

* 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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Hvidbjerg Bank A/S (OCSE:HVID) Business Description

Traded in Other Exchanges
N/A
Address
Ostergade 2, Thyholm, DNK, 7790
Hvidbjerg Bank A/S is Denmark based bank which provides various banking products and services.It offers financial services to private individuals and local businesses The bank offers pension products, mortgages and personal loans, investment services, and Internet banking. It operates in central and western Jutland Limfjord area and it has four departments in Hvidbjerg / Hurup, Struer, Viborg and Holstebro.