SpareBank 1 Nordmore (OSL:SNOR) Scaled Net Operating Assets : 0.39 (As of Dec. 2024)

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What is SpareBank 1 Nordmore 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 Nordmore's operating assets for the quarter that ended in Dec. 2024 was kr28,438 Mil. SpareBank 1 Nordmore's operating liabilities for the quarter that ended in Dec. 2024 was kr17,776 Mil. SpareBank 1 Nordmore's Total Assets for the quarter that ended in Sep. 2024 was kr27,676 Mil. Therefore, SpareBank 1 Nordmore's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.39.

SpareBank 1 Nordmore 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 Nordmore's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2024 )
=	(Operating Assets (A: Dec. 2024 )	-	Operating Liabilities (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2023 )
=	(28438	-	17776)	/	27557
=	0.39

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	28525	-	87
=	28438

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	24357	-	6581	-	0
=	17776

SpareBank 1 Nordmore's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Sep. 2024 )
=	(28438	-	17776)	/	27676
=	0.39

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	28525	-	87
=	28438

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	24357	-	6581	-	0
=	17776

* 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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SpareBank 1 Nordmore Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Nordmore (OSL:SNOR) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MZ3:Germany

Address

Hammersborggata 11, Oslo, NOR, 0179

Website

https://www.sparebank1.no

SpareBank 1 Nordmore, formerly Sparebank 1 Nordvest is an independent and local bank in More og Romsdal. The company offers banking products and services including Private online banking Online banking business, Insurance, and Pension. It has one segment, which is lending to finance commercial property, including lending that represents the joint debt in a condominium or housing association.