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SpareBank 1 Helgeland (OSL:HELG) Scaled Net Operating Assets : 0.32 (As of Mar. 2024)


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What is SpareBank 1 Helgeland 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.

SpareBank 1 Helgeland's operating assets for the quarter that ended in Mar. 2024 was kr37,331 Mil. SpareBank 1 Helgeland's operating liabilities for the quarter that ended in Mar. 2024 was kr25,585 Mil. SpareBank 1 Helgeland's Total Assets for the quarter that ended in Dec. 2023 was kr36,860 Mil. Therefore, SpareBank 1 Helgeland's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.32.

SpareBank 1 Helgeland 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.

SpareBank 1 Helgeland'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 )
=(36777-25007)/38625
=0.30

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=36860 - 83
=36777

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31809 - 6802 - 0
=25007

SpareBank 1 Helgeland'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 )
=(37331-25585)/36860
=0.32

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=37412 - 81
=37331

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32582 - 6997 - 0
=25585

* 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.

SpareBank 1 Helgeland Scaled Net Operating Assets Related Terms

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SpareBank 1 Helgeland (OSL:HELG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Helgeland (OSL:HELG) » Definitions » Scaled Net Operating Assets
Comparable Companies
OSL:MORG OSL:PARB OSL:SOAG OSL:RING OSL:SADG OSL:TOTG OSL:JAREN OSL:SOR OSL:SNOR OSL:SPOG CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
Jernbanegata 15, Mo i Rana, NOR, 8622
Website
https://www.sbh.no
SpareBank 1 Helgeland is a regional bank engaged in providing banking and financial services. It offers savings products, payment services, credit cards, saving accounts, placement services, loans, insurance, shares, and currencies, as well as an online banking facility. The bank's operations are divided into two segments: Retail Market (RM) and Corporate Market (CM). The company serves creditors, customers, employees, management, and society in general. Geographically, all the operations of the bank are carried out from Helgeland.