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ING Bank Slaski (STU:6GF) Scaled Net Operating Assets : 0.11 (As of Mar. 2024)


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What is ING Bank Slaski 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.

ING Bank Slaski's operating assets for the quarter that ended in Mar. 2024 was €56,578 Mil. ING Bank Slaski's operating liabilities for the quarter that ended in Mar. 2024 was €50,424 Mil. ING Bank Slaski's Total Assets for the quarter that ended in Dec. 2023 was €56,121 Mil. Therefore, ING Bank Slaski's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.11.

ING Bank Slaski 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.

ING Bank Slaski'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 )
=(54356.819-48873.37)/49694.568
=0.11

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=56120.714 - 1763.895
=54356.819

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52292.743 - 3419.373 - 0
=48873.37

ING Bank Slaski'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 )
=(56578.214-50424.137)/56120.714
=0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=57803.983 - 1225.769
=56578.214

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=53815.057 - 3390.92 - 0
=50424.137

* 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.

ING Bank Slaski Scaled Net Operating Assets Related Terms

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ING Bank Slaski (STU:6GF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ING Bank Slaski SA (STU:6GF) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
ING:Poland
Address
Sokolska Street 34, Katowice, POL, 40-086
Website
https://www.ing.pl
ING Bank Slaski SA offers a broad range of banking services rendered to individual and institutional clients in line with the scope of services outlined in the Bank's charter. The Bank runs operations both in the home currency and in foreign currencies. Additionally, through subsidiaries, the Group conducts leasing and factoring activity, advisory and acts as a financial intermediary as well as provides other financial services. The Group's business model includes the division of clients into two main segments namely the retail banking segment and corporate banking segment. The Group pursues business within the territory of the Republic of Poland.