Lea bank ASA (OSL:LEA) Scaled Net Operating Assets : 0.19 (As of Mar. 2024)

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What is Lea bank ASA 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.

Lea bank ASA's operating assets for the quarter that ended in Mar. 2024 was kr8,508.7 Mil. Lea bank ASA's operating liabilities for the quarter that ended in Mar. 2024 was kr7,052.5 Mil. Lea bank ASA's Total Assets for the quarter that ended in Dec. 2023 was kr7,853.6 Mil. Therefore, Lea bank ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.19.

Lea bank ASA 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.

Lea bank ASA'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 )
=	(7457.626	-	6344.548)	/	7367.484
=	0.15

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	7853.642	-	396.016
=	7457.626

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	6449.764	-	105.216	-	0
=	6344.548

Lea bank ASA'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 )
=	(8508.674	-	7052.475)	/	7853.642
=	0.19

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	8561.1	-	52.426
=	8508.674

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	7134.643	-	82.168	-	0
=	7052.475

* 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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Lea bank ASA (OSL:LEA) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

9MJ:Germany

Address

Holbergs gate 21, Oslo, NOR, 0166

Website

https://www.leabank.no

Lea bank ASA is a fully digital consumer finance bank with a presence in the Nordic market. The company offers consumer loans, savings accounts, automated invoice purchases, and SME financing with attractive terms for its customers.