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LHV Group AS (OTSE:LHV1T) Scaled Net Operating Assets : -0.27 (As of Dec. 2024)


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What is LHV Group AS 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.

LHV Group AS's operating assets for the quarter that ended in Dec. 2024 was €4,916.2 Mil. LHV Group AS's operating liabilities for the quarter that ended in Dec. 2024 was €6,993.6 Mil. LHV Group AS's Total Assets for the quarter that ended in Sep. 2024 was €7,820.3 Mil. Therefore, LHV Group AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.27.


LHV Group AS 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.

LHV Group AS's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(4916.235-6993.59)/7093.033
=-0.29

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8736.311 - 3820.076
=4916.235

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8057.651 - 1064.061 - 0
=6993.59

LHV Group AS's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(4916.235-6993.59)/7820.348
=-0.27

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8736.311 - 3820.076
=4916.235

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8057.651 - 1064.061 - 0
=6993.59

* 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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LHV Group AS Business Description

Industry
Traded in Other Exchanges
Address
Tartu mnt 2, Tallinn, EST, 10145
LHV Group AS operates as a holding company. The company provides banking, security brokerage, financial advisory, finance leases and other lending services in Estonia. The company operates in the below segments namely LHV Pank, LHV Bank, LHV Varahaldus, LHV, Kindlustus and Other activities. LHV Pank segment, which derives maximum revenue includes banking activities and hire-purchase and consumer finance offering in Estonia and its products are different kinds of credit and payments. Geographically, it operates in Estonia, Switzerland, Latvia, United Kingdom, Germany, United States, Portugal, Lithuania, Finland, Russian Federation, and Others.