DNB Bank ASA (OSTO:DNBO) Scaled Net Operating Assets : 0.13 (As of Mar. 2024)

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What is DNB 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.

DNB Bank ASA's operating assets for the quarter that ended in Mar. 2024 was kr3,074,785 Mil. DNB Bank ASA's operating liabilities for the quarter that ended in Mar. 2024 was kr2,622,097 Mil. DNB Bank ASA's Total Assets for the quarter that ended in Dec. 2023 was kr3,439,724 Mil. Therefore, DNB Bank ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.13.

DNB 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.

DNB 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 )
=	(3108316	-	2218061)	/	3233405
=	0.28

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3439724	-	331408
=	3108316

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3170428	-	529638	-	422729
=	2218061

DNB 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 )
=	(3074785	-	2622097)	/	3439724
=	0.13

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3896408	-	821623
=	3074785

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3613803	-	540172	-	451534
=	2622097

* 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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DNB Bank ASA (OSTO:DNBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DNB Bank ASA (OSTO:DNBo) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

DNBBY:USA DNBBF:USA DNB:Norway DNBo:UK 0O84:UK D1NC:Germany D1NC:Germany

Address

Dronning Eufemias gate 30, Bjorvika, Oslo, NOR, 0191

Website

https://www.dnb.no

DNB Bank ASA is a Norwegian financial services group. About one fourth of its income derives from its international business, including other parts of Europe, Asia, and the Americas. The group offers a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. Just under half of its credit exposure is to personal costumers, overwhelmingly in residential mortgages. The other portion of its credit exposure is to large corporations, diversified across an array of industries, most notably oil and gas, shipping, and commercial real estate. The group's strategy emphasizes cost efficiency and customer service.