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

Grong Sparebank (OSL:GRONG) Scaled Net Operating Assets : 0.25 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Grong 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.

Grong Sparebank's operating assets for the quarter that ended in Mar. 2024 was kr10,058.4 Mil. Grong Sparebank's operating liabilities for the quarter that ended in Mar. 2024 was kr7,519.9 Mil. Grong Sparebank's Total Assets for the quarter that ended in Dec. 2023 was kr10,051.2 Mil. Therefore, Grong Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.25.

Grong 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.

Grong 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 )
=(9115.86-7436.6)/8981.357
=0.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10051.213 - 935.353
=9115.86

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8775.481 - 1338.881 - 0
=7436.6

Grong 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 )
=(10058.38-7519.939)/10051.213
=0.25

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10136.966 - 78.586
=10058.38

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8801.061 - 1281.122 - 0
=7519.939

* 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.

Grong Sparebank Scaled Net Operating Assets Related Terms

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

Grong Sparebank (OSL:GRONG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Grong Sparebank (OSL:GRONG) » Definitions » Scaled Net Operating Assets
Comparable Companies
OSL:INSTA OSL:BIEN OSL:SB68 OSL:VVL OSL:SKUE OSL:MELG OSL:LEA OSL:ROMER OSL:KRAB OSL:SUNSB 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
Sundspetvegen 2, PB 104, Grong, NOR, 7871
Website
https://www.grong-sparebank.no
Grong Sparebank is an independent, local savings bank. It offers banking services to the local community such as Car loans, Mortgage, Loans and refinancing, Retirement and Bank Savings, Insurances, mobile and Online Banking, International payment and others.