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Arion banki hf (OISE:ARION) Scaled Net Operating Assets : 0.37 (As of Mar. 2024)


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What is Arion banki hf 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.

Arion banki hf's operating assets for the quarter that ended in Mar. 2024 was kr1,442,027 Mil. Arion banki hf's operating liabilities for the quarter that ended in Mar. 2024 was kr877,330 Mil. Arion banki hf's Total Assets for the quarter that ended in Dec. 2023 was kr1,525,672 Mil. Therefore, Arion banki hf's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.37.

Arion banki hf 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.

Arion banki hf'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 )
=(1423577-863558)/1465609
=0.38

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1525672 - 102095
=1423577

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1326371 - 462813 - 0
=863558

Arion banki hf'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 )
=(1442027-877330)/1525672
=0.37

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1544432 - 102405
=1442027

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1353016 - 475686 - 0
=877330

* 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.

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Arion banki hf (OISE:ARION) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arion banki hf (OISE:ARION) » Definitions » Scaled Net Operating Assets
Comparable Companies
OISE:ISB OISE:KVIKA CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180 BSP:ITUB3 USB ISX:BBRI MIL:ISP
Traded in Other Exchanges
ARION SDB:Sweden AB7A:Germany
Address
Borgartun 19, Reykjavik, ISL, 105
Website
https://www.arionbanki.is
Arion banki hf is a universal relationship bank operating in the Icelandic financial market. Its operating segments are Markets, Corporate & Investment Banking, Retail Banking, Treasury, Vordur, Subsidiaries, and Supporting units. The Retail Banking segment of the company generates the majority of the revenue.