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Romsdal Sparebank (OSL:ROMSB) Scaled Net Operating Assets : 0.30 (As of Mar. 2024)


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What is Romsdal 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.

Romsdal Sparebank's operating assets for the quarter that ended in Mar. 2024 was kr7,138.2 Mil. Romsdal Sparebank's operating liabilities for the quarter that ended in Mar. 2024 was kr5,022.2 Mil. Romsdal Sparebank's Total Assets for the quarter that ended in Dec. 2023 was kr7,104.7 Mil. Therefore, Romsdal Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.30.

Romsdal 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.

Romsdal 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 )
=(7057.311-4870.628)/6723.628
=0.33

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7104.679 - 47.368
=7057.311

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6160.251 - 1289.623 - 0
=4870.628

Romsdal 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 )
=(7138.175-5022.248)/7104.679
=0.30

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7186.859 - 48.684
=7138.175

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6246.819 - 1224.571 - 0
=5022.248

* 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.

Romsdal Sparebank Scaled Net Operating Assets Related Terms

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Romsdal Sparebank (OSL:ROMSB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Romsdal Sparebank (OSL:ROMSB) » Definitions » Scaled Net Operating Assets
Comparable Companies
XKRX:251120 XKRX:049960 XKRX:234690 XKRX:067370 XKRX:217950 XKRX:456570 XKRX:353810 XKRX:179530 XKRX:066830 XKRX:038070 BOM:532978 ELEKTRA SZSE:000617 TPE:2885 VOYA TSE:8473 BOM:540691 SZSE:000987 OSL:STB SZSE:002797
Traded in Other Exchanges
N/A
Address
Torget 14, Elnesvagen, NOR, 6440
Website
https://www.romsdalsbanken.no
Romsdal Sparebank offers comprehensive banking and insurance solutions for both retail and corporate customers. The company's services include mobile banking, online banking, bank cards, overseas payments, car loans, mortgage, loans for other vehicles, small loans and refinancing, fund savings, retirement savings, among others.