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Svenska Handelsbanken AB (OSTO:SHB B) Scaled Net Operating Assets : 0.33 (As of Sep. 2024)


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What is Svenska Handelsbanken 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.

Svenska Handelsbanken AB's operating assets for the quarter that ended in Sep. 2024 was kr3,148,608 Mil. Svenska Handelsbanken AB's operating liabilities for the quarter that ended in Sep. 2024 was kr1,922,934 Mil. Svenska Handelsbanken AB's Total Assets for the quarter that ended in Jun. 2024 was kr3,727,558 Mil. Therefore, Svenska Handelsbanken AB's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.33.


Svenska Handelsbanken 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.

Svenska Handelsbanken 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 )
=(3055339-1481411)/3453718
=0.46

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3537792 - 482453
=3055339

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3332706 - 1851295 - 0
=1481411

Svenska Handelsbanken AB'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 )
=(3148608-1922934)/3727558
=0.33

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3756046 - 607438
=3148608

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3554976 - 1632042 - 0
=1922934

* 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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Svenska Handelsbanken AB Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.