Kvika Banki hf (OISE:KVIKA) Scaled Net Operating Assets : 0.32 (As of Sep. 2024)

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What is Kvika Banki hf 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.

Kvika Banki hf's operating assets for the quarter that ended in Sep. 2024 was kr324,919 Mil. Kvika Banki hf's operating liabilities for the quarter that ended in Sep. 2024 was kr210,600 Mil. Kvika Banki hf's Total Assets for the quarter that ended in Jun. 2024 was kr359,430 Mil. Therefore, Kvika Banki hf's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.32.

Kvika Banki hf 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.

Kvika Banki hf'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 )
=	(311715.979	-	185196.686)	/	299670.195
=	0.42

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	335397.432	-	23681.453
=	311715.979

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	253439.628	-	68242.942	-	0
=	185196.686

Kvika Banki hf'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 )
=	(324918.859	-	210600.002)	/	359430.291
=	0.32

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	363818.063	-	38899.204
=	324918.859

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	277951.803	-	67351.801	-	0
=	210600.002

* 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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Kvika Banki hf Business Description

Industry

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Traded in Other Exchanges

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Address

Katrinartun 2, Reykjavik, ISL, 105

Website

https://www.kvika.is

Kvika Banki hf is an Iceland-based company engaged in providing financial services in the fields of lending, securities and currency trading, and corporate consulting. It offers businesses, investors, and individuals comprehensive investment banking and asset management services as well as selected banking services. The company's reportable segments are Commercial Banking, Corporate Banking and Capital Markets, Asset Management and UK operations. It derives a majority of its revenue from Corporate Banking and Capital Markets which offers a range of professional services in the fields of specialised financing, securities and foreign exchange transactions, and corporate finance services.