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Aktia Bank (OHEL:AKTIA) Scaled Net Operating Assets : 0.32 (As of Mar. 2024)


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What is Aktia Bank 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.

Aktia Bank's operating assets for the quarter that ended in Mar. 2024 was €11,333.8 Mil. Aktia Bank's operating liabilities for the quarter that ended in Mar. 2024 was €7,531.9 Mil. Aktia Bank's Total Assets for the quarter that ended in Dec. 2023 was €12,036.9 Mil. Therefore, Aktia Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.32.

Aktia Bank 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.

Aktia Bank'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 )
=(11944.66-7606.662)/12412.246
=0.35

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12036.941 - 92.281
=11944.66

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11328.961 - 3722.299 - 0
=7606.662

Aktia Bank'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 )
=(11333.8-7531.9)/12036.941
=0.32

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12107 - 773.2
=11333.8

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11369.9 - 3838 - 0
=7531.9

* 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.

Aktia Bank Scaled Net Operating Assets Related Terms

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Aktia Bank (OHEL:AKTIA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aktia Bank PLC (OHEL:AKTIA) » Definitions » Scaled Net Operating Assets
Comparable Companies
OHEL:OMASP OHEL:ALBAV OHEL:ALISA CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180 BSP:ITUB3 USB ISX:BBRI
Traded in Other Exchanges
2A41:Germany
Address
Arkadiankatu 4-6 A, PO Box 207, Helsinki, FIN, 00101
Website
https://www.aktia.com
Aktia Bank operates in Finland and offers a broad range of financial services, including banking, asset management, and insurance. The vast majority of its customer base lives in the Helsinki metropolitan area, which accounts for most of its loan and deposit activities. It operates through business segments: banking business, which includes individual, corporate, and institutional customers; and asset management, which includes the firm's asset management business and life insurance arm and Group functions. The majority of revenue comes from the banking business segment.