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Tysnes Sparebank (OSL:TYSB) Scaled Net Operating Assets : 0.32 (As of Sep. 2024)


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What is Tysnes 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.

Tysnes Sparebank's operating assets for the quarter that ended in Sep. 2024 was kr3,561.2 Mil. Tysnes Sparebank's operating liabilities for the quarter that ended in Sep. 2024 was kr2,372.2 Mil. Tysnes Sparebank's Total Assets for the quarter that ended in Jun. 2024 was kr3,767.4 Mil. Therefore, Tysnes Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.32.

Tysnes 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.

Tysnes 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 )
=(3493.818-2330.245)/3309.178
=0.35

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3538.198 - 44.38
=3493.818

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3049.313 - 719.068 - 0
=2330.245

Tysnes 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 )
=(3561.187-2372.153)/3767.416
=0.32

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3607.435 - 46.248
=3561.187

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3162.612 - 790.459 - 0
=2372.153

* 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.

Tysnes Sparebank Scaled Net Operating Assets Related Terms

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Tysnes Sparebank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tysnes Sparebank (OSL:TYSB) » Definitions » Scaled Net Operating Assets
Comparable Companies
OSL:AASB OSL:NISB OSL:SUNSB OSL:SOGN OSL:HSPG OSL:KRAB OSL:ROMER OSL:MELG OSL:SKUE OSL:VVL 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
Teiglandsvegen 2, Tysnes, NOR, 5680
Website
https://www.tysnes-sparebank.no
Tysnes Sparebank operates as a savings bank. The bank offers savings accounts and other deposits, bank cards, mobile banking, fund savings, retirement savings and others. In addition, it also provides car loans, credit lines, mortgages, and insurances such as auto, children, buildings, and other insurance.