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FinecoBank SpA (MIL:FBK) Scaled Net Operating Assets : 0.02 (As of Dec. 2023)


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What is FinecoBank SpA 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.

FinecoBank SpA's operating assets for the quarter that ended in Dec. 2023 was €30,764.7 Mil. FinecoBank SpA's operating liabilities for the quarter that ended in Dec. 2023 was €30,250.4 Mil. FinecoBank SpA's Total Assets for the quarter that ended in Sep. 2023 was €33,086.8 Mil. Therefore, FinecoBank SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.02.

FinecoBank SpA 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.

FinecoBank SpA'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 )
=(30764.657-30250.378)/36268.885
=0.01

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=33315.7 - 2551.043
=30764.657

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31121.024 - 870.646 - 0
=30250.378

FinecoBank SpA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(30764.657-30250.378)/33086.779
=0.02

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=33315.7 - 2551.043
=30764.657

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=31121.024 - 870.646 - 0
=30250.378

* 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.

FinecoBank SpA Scaled Net Operating Assets Related Terms

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FinecoBank SpA (MIL:FBK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FinecoBank SpA (MIL:FBK) » Definitions » Scaled Net Operating Assets
Comparable Companies
MIL:BAMI MIL:BMED MIL:MB MIL:BPE MIL:BGN MIL:BMPS MIL:CE MIL:BPSO MIL:IF MIL:BDB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
FCBBF:USA FBKm:UK 0QVF:UK ZS3:Germany FBK:Austria
Address
Piazza Durante, 11, Milan, ITA, 20131
Website
https://www.finecobank.com
FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.