Avanza Bank Holding AB (OSTO:AZA) Scaled Net Operating Assets : -0.01 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Avanza Bank Holding AB 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.

Avanza Bank Holding AB's operating assets for the quarter that ended in Mar. 2024 was kr301,100 Mil. Avanza Bank Holding AB's operating liabilities for the quarter that ended in Mar. 2024 was kr302,908 Mil. Avanza Bank Holding AB's Total Assets for the quarter that ended in Dec. 2023 was kr282,453 Mil. Therefore, Avanza Bank Holding AB's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.01.

Avanza Bank Holding AB 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.

Avanza Bank Holding AB'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 )
=	(273823	-	276528)	/	241091
=	-0.01

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	282453	-	8630
=	273823

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	276620	-	92	-	0
=	276528

Avanza Bank Holding AB'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 )
=	(301100	-	302908)	/	282453
=	-0.01

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	309396	-	8296
=	301100

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	302996	-	88	-	0
=	302908

* 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.

Avanza Bank Holding AB Scaled Net Operating Assets Related Terms

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

Avanza Bank Holding AB (OSTO:AZA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avanza Bank Holding AB (OSTO:AZA) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

AZAs:UK 0NUK:UK

Address

Regeringsgatan 103, Box 1399, Stockholm, SWE, SE-111 93

Website

https://www.avanza.se

Avanza Bank Holding AB is a digital bank that operates in Sweden and serves primarily private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, primarily personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, primarily through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.