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Melhus Sparebank (OSL:MELG) Scaled Net Operating Assets : 0.35 (As of Mar. 2024)


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What is Melhus Sparebank 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.

Melhus Sparebank's operating assets for the quarter that ended in Mar. 2024 was kr11,102.8 Mil. Melhus Sparebank's operating liabilities for the quarter that ended in Mar. 2024 was kr7,213.3 Mil. Melhus Sparebank's Total Assets for the quarter that ended in Dec. 2023 was kr11,079.5 Mil. Therefore, Melhus Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.35.

Melhus Sparebank 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.

Melhus Sparebank'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 )
=(11075.221-7284.324)/10500.549
=0.36

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11079.482 - 4.261
=11075.221

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9601.458 - 2317.134 - 0
=7284.324

Melhus Sparebank'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 )
=(11102.847-7213.322)/11079.482
=0.35

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11108.211 - 5.364
=11102.847

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9643.33 - 2430.008 - 0
=7213.322

* 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.

Melhus Sparebank Scaled Net Operating Assets Related Terms

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Melhus Sparebank (OSL:MELG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Melhus Sparebank (OSL:MELG) » Definitions » Scaled Net Operating Assets
Comparable Companies
OSL:SKUE OSL:SB68 OSL:VVL OSL:BIEN OSL:ROMER OSL:KRAB OSL:GRONG OSL:SUNSB OSL:INSTA OSL:TYSB 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
N/A
Address
Melhus Road 439, Melhus, NOR, 7224
Website
http://www.melhusbanken.no
Melhus Sparebank is a savings bank that offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.