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Romerike Sparebank (OSL:ROMER) Scaled Net Operating Assets : 0.39 (As of Sep. 2024)


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What is Romerike Sparebank 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.

Romerike Sparebank's operating assets for the quarter that ended in Sep. 2024 was kr17,312.5 Mil. Romerike Sparebank's operating liabilities for the quarter that ended in Sep. 2024 was kr10,750.2 Mil. Romerike Sparebank's Total Assets for the quarter that ended in Jun. 2024 was kr16,944.5 Mil. Therefore, Romerike Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.39.

Romerike Sparebank 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.

Romerike Sparebank'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 )
=(16625.632-10366.83)/15337.164
=0.41

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=16703.081 - 77.449
=16625.632

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14555.972 - 4189.142 - 0
=10366.83

Romerike Sparebank'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 )
=(17312.546-10750.168)/16944.477
=0.39

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17389.541 - 76.995
=17312.546

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15152.23 - 4402.062 - 0
=10750.168

* 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.

Romerike Sparebank Scaled Net Operating Assets Related Terms

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Romerike Sparebank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Romerike Sparebank (OSL:ROMER) » Definitions » Scaled Net Operating Assets
Comparable Companies
OSL:KRAB OSL:SUNSB OSL:MELG OSL:SKUE OSL:TYSB OSL:AASB OSL:VVL OSL:SB68 OSL:BIEN OSL:GRONG 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
Torvet 5, Lillestrom, NOR
Website
https://www.rsbank.no
Romerike Sparebank provides banking and financial services in Norway. It provides its services to local residents, private individuals, SMEs, and companies. It offers Bank guarantee, Construction loans, Establishment loan, Overdraft, Health insurance, Homeowners insurance, Home insurance agriculture, Craftsman insurance, Commercial vehicle and Business insurance among others.