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Bank of Montreal (TSX:BMO.PR.C.PFD) Scaled Net Operating Assets : 0.13 (As of Jan. 2024)


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What is Bank of Montreal 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.

Bank of Montreal's operating assets for the quarter that ended in Jan. 2024 was C$1,176,407.00 Mil. Bank of Montreal's operating liabilities for the quarter that ended in Jan. 2024 was C$1,004,717.00 Mil. Bank of Montreal's Total Assets for the quarter that ended in Oct. 2023 was C$1,293,276.00 Mil. Therefore, Bank of Montreal's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 0.13.


Bank of Montreal 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.

Bank of Montreal's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Oct. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Oct. 2023 )
=(Operating Assets (A: Oct. 2023 )-Operating Liabilities (A: Oct. 2023 ))/Total Assets (A: Oct. 2022 )
=(1211217-967504)/1139199
=0.21

where

Operating Assets(A: Oct. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1293276 - 82059
=1211217

Operating Liabilities(A: Oct. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1216239 - 140199 - 108536
=967504

Bank of Montreal's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(1176407-1004717)/1293276
=0.13

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1324762 - 148355
=1176407

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1247483 - 139655 - 103111
=1004717

* 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.


Bank of Montreal Scaled Net Operating Assets Related Terms

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Bank of Montreal (TSX:BMO.PR.C.PFD) Business Description

Address
129 rue Saint-Jacques, Montreal, QC, CAN, H2Y 1L6
Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.