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Totens Sparebank (OSL:TOTG) Scaled Net Operating Assets : 0.48 (As of Mar. 2024)


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What is Totens 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.

Totens Sparebank's operating assets for the quarter that ended in Mar. 2024 was kr22,256.0 Mil. Totens Sparebank's operating liabilities for the quarter that ended in Mar. 2024 was kr11,462.7 Mil. Totens Sparebank's Total Assets for the quarter that ended in Dec. 2023 was kr22,323.3 Mil. Therefore, Totens Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.48.

Totens 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.

Totens 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 )
=(22228.734-10930.948)/21974.315
=0.51

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=22323.32 - 94.586
=22228.734

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19566.503 - 8635.555 - 0
=10930.948

Totens Sparebank'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 )
=(22256.035-11462.699)/22323.32
=0.48

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=22351.973 - 95.938
=22256.035

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19720.432 - 8257.733 - 0
=11462.699

* 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.

Totens Sparebank Scaled Net Operating Assets Related Terms

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Totens Sparebank (OSL:TOTG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Totens Sparebank (OSL:TOTG) » Definitions » Scaled Net Operating Assets
Comparable Companies
OSL:JAREN OSL:SNOR OSL:SPOG OSL:AURG OSL:MOBA OSL:LEA OSL:SADG OSL:INSTA OSL:GRONG OSL:BIEN 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
Postboks 34, Lena, NOR, 2850
Website
http://www.totenbanken.no
Totens Sparebank operates as a savings bank in Norway. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.