Aasen Sparebank (OSL:AASB) Scaled Net Operating Assets : 0.24 (As of Mar. 2024)

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What is Aasen 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.

Aasen Sparebank's operating assets for the quarter that ended in Mar. 2024 was kr6,505.0 Mil. Aasen Sparebank's operating liabilities for the quarter that ended in Mar. 2024 was kr4,991.6 Mil. Aasen Sparebank's Total Assets for the quarter that ended in Dec. 2023 was kr6,200.7 Mil. Therefore, Aasen Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.24.

Aasen 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.

Aasen 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 )
=	(6033.942	-	4637.996)	/	5613.272
=	0.25

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	6200.725	-	166.783
=	6033.942

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5458.289	-	820.293	-	0
=	4637.996

Aasen 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 )
=	(6504.991	-	4991.589)	/	6200.725
=	0.24

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	6664.169	-	159.178
=	6504.991

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5923.664	-	932.075	-	0
=	4991.589

* 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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Aasen Sparebank (OSL:AASB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aasen Sparebank (OSL:AASB) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stasjonsvegen 1, P.O. Box 33, Asen, NOR, 7631

Website

http://www.aasen-sparebank.no

Aasen Sparebank is a local savings bank. It offers a full-service concept for banking and financial services, both for private and agricultural customers, as well as for small and medium-sized businesses. The company services include Mortgage, Car loans, Loans and refinancing, Insurance, Online and Mobile Banking, Deposits and others.