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SpareBank 1 SR Bank ASA (SpareBank 1 SR Bank ASA) Scaled Net Operating Assets : 0.57 (As of Mar. 2024)


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What is SpareBank 1 SR 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.

SpareBank 1 SR Bank ASA's operating assets for the quarter that ended in Mar. 2024 was $35,487.4 Mil. SpareBank 1 SR Bank ASA's operating liabilities for the quarter that ended in Mar. 2024 was $15,826.8 Mil. SpareBank 1 SR Bank ASA's Total Assets for the quarter that ended in Dec. 2023 was $34,332.4 Mil. Therefore, SpareBank 1 SR Bank ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.57.


SpareBank 1 SR 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.

SpareBank 1 SR 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 )
=(34324.037-15820.331)/34992.561
=0.53

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=34332.379 - 8.342
=34324.037

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31151.156 - 15330.825 - 0
=15820.331

SpareBank 1 SR 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 )
=(35487.415-15826.839)/34332.379
=0.57

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=35525.956 - 38.541
=35487.415

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=32272.877 - 16446.038 - 0
=15826.839

* 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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SpareBank 1 SR Bank ASA (SpareBank 1 SR Bank ASA) Business Description

Traded in Other Exchanges
Address
Christen Tranes Gate 35, Stavanger, NOR, 4007
SpareBank 1 SR Bank ASA is a Norwegian regional bank engaged in selling and procuring a wide range of financial products and services, investments services, leasing, estate agency and accounting services. The company is organized around three customer segments: 1) Retail customers, 2) SME and Agriculture, and 3) Large Corporates. The company primarily operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.