GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Norion Bank AB (OSTO:NORION) » Definitions » Scaled Net Operating Assets

Norion Bank AB (OSTO:NORION) Scaled Net Operating Assets : 0.17 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Norion Bank AB 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.

Norion Bank AB's operating assets for the quarter that ended in Mar. 2024 was kr56,542 Mil. Norion Bank AB's operating liabilities for the quarter that ended in Mar. 2024 was kr47,177 Mil. Norion Bank AB's Total Assets for the quarter that ended in Dec. 2023 was kr54,056 Mil. Therefore, Norion Bank AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.17.

Norion Bank AB 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.

Norion Bank AB'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 )
=(50852-44396)/48676
=0.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=54056 - 3204
=50852

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45753 - 1357 - 0
=44396

Norion Bank AB'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 )
=(56542-47177)/54056
=0.17

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=56542 - 0
=56542

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=48426 - 1249 - 0
=47177

* 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.

Norion Bank AB Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Norion Bank AB's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Norion Bank AB (OSTO:NORION) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Norion Bank AB (OSTO:NORION) » Definitions » Scaled Net Operating Assets
Comparable Companies
OSTO:INTRUM OSTO:RESURS OSTO:QLIRO OSTO:YIELD NGM:FRNT B V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN SYF NSE:CHOLAFIN BOM:543257 BOM:532810 TSE:8593 BOM:532955
Traded in Other Exchanges
N/A
Address
Lilla Bommens Torg 11, Goteborg, SWE, 411 04
Website
https://www.collector.se
Norion Bank AB, formerly Collector Bank AB specializes in financing solutions for corporate and private individuals, with particular focus on small and medium-sized companies. The main business is conducted through four segments namely Corporate, Real estate, Consumer and Payments. The Corporate segment includes corporate loans and factoring directed mainly at small and medium-sized companies in a wide range of industries in Sweden, Norway and Finland. The Real estate segment comprises real estate loans focusing on metropolitan areas and university cities in the Nordic region and the Consumer segment offers unsecured loans to private individuals The Payments segment offers payment and checkout solutions for e-commerce and retail chains.