GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Renta 4 Banco SA (XMAD:R4) » Definitions » Scaled Net Operating Assets

Renta 4 Banco (XMAD:R4) Scaled Net Operating Assets : -0.53 (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Renta 4 Banco 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.

Renta 4 Banco's operating assets for the quarter that ended in Sep. 2024 was €941.7 Mil. Renta 4 Banco's operating liabilities for the quarter that ended in Sep. 2024 was €2,084.6 Mil. Renta 4 Banco's Total Assets for the quarter that ended in Jun. 2024 was €2,155.9 Mil. Therefore, Renta 4 Banco's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.53.


Renta 4 Banco 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.

Renta 4 Banco'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 )
=(1091.881-2024.537)/2410.341
=-0.39

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2190.176 - 1098.295
=1091.881

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2048.488 - 23.951 - 0
=2024.537

Renta 4 Banco'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 )
=(941.741-2084.648)/2155.893
=-0.53

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2247.349 - 1305.608
=941.741

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2084.648 - 0 - 0
=2084.648

* 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.


Renta 4 Banco Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Renta 4 Banco's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Renta 4 Banco Business Description

Traded in Other Exchanges
Address
Paseo de la Habana 74, Madrid, ESP, 28036
Renta 4 Banco SA is an asset management company providing wealth management, brokerage services, and corporate advisory services. It operates through a network of branches, agents, and subsidiaries spread widely across Spain and offers services to individuals and financial intermediaries, and small and medium-sized enterprises. Its activities include the provision of investment services, and the acquisition, holding, exploitation, administration, and disposal of all manner of transferable securities. It has three businesses as a reportable segment Intermediation, Portfolio, and asset management and advice, and Corporate Services.