GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gronlandsbanken A/S (OCSE:GRLA) » Definitions » Scaled Net Operating Assets

Gronlandsbanken A/S (OCSE:GRLA) Scaled Net Operating Assets : -0.01 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Gronlandsbanken A/S 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.

Gronlandsbanken A/S's operating assets for the quarter that ended in Mar. 2024 was kr7,275.4 Mil. Gronlandsbanken A/S's operating liabilities for the quarter that ended in Mar. 2024 was kr7,402.0 Mil. Gronlandsbanken A/S's Total Assets for the quarter that ended in Dec. 2023 was kr8,841.0 Mil. Therefore, Gronlandsbanken A/S's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.01.

Gronlandsbanken A/S 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.

Gronlandsbanken A/S'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 )
=(7168.084-7120.43)/7949.566
=0.01

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8840.981 - 1672.897
=7168.084

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7361.858 - 241.428 - 0
=7120.43

Gronlandsbanken A/S'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 )
=(7275.389-7402.031)/8840.981
=-0.01

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9092.785 - 1817.396
=7275.389

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7640.451 - 238.42 - 0
=7402.031

* 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.

Gronlandsbanken A/S Scaled Net Operating Assets Related Terms

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

Gronlandsbanken A/S (OCSE:GRLA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gronlandsbanken A/S (OCSE:GRLA) » Definitions » Scaled Net Operating Assets
Comparable Companies
OCSE:FYNBK OCSE:BNORDIK CSE OCSE:DJUR OCSE:KRE OCSE:LOLB OCSE:NRDF OCSE:SKJE OCSE:MNBA OCSE:HVID OCSE:LASP NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05
Traded in Other Exchanges
N/A
Address
Imaneq 33, Post Box 1033, Nuuk, GRL, 3900
Website
https://www.banken.gl
Grønlandsbanken A/S is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.