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Surnadal Sparebank (OSL:SUSB) Scaled Net Operating Assets : 0.35 (As of Mar. 2021)


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What is Surnadal 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.

Surnadal Sparebank's operating assets for the quarter that ended in Mar. 2021 was kr7,136.6 Mil. Surnadal Sparebank's operating liabilities for the quarter that ended in Mar. 2021 was kr4,688.5 Mil. Surnadal Sparebank's Total Assets for the quarter that ended in Dec. 2020 was kr7,072.3 Mil. Therefore, Surnadal Sparebank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2021 was 0.35.


Surnadal 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.

Surnadal Sparebank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(7069.729-4551.287)/6389.166
=0.39

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7072.261 - 2.532
=7069.729

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6155.995 - 1604.708 - 0
=4551.287

Surnadal Sparebank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2021 )
=(Operating Assets (Q: Mar. 2021 )-Operating Liabilities (Q: Mar. 2021 ))/Total Assets (Q: Dec. 2020 )
=(7136.56-4688.533)/7072.261
=0.35

where

Operating Assets(Q: Mar. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7139.032 - 2.472
=7136.56

Operating Liabilities(Q: Mar. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6212.938 - 1524.405 - 0
=4688.533

* 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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Surnadal Sparebank (OSL:SUSB) Business Description

Traded in Other Exchanges
N/A
Address
Bardshaugvegen 7, Surnadal, NOR, 6650
Surnadal Sparebank is an independent saving bank. It is a medium-sized savings bank with a wide range of products and services within loans, placement, self-service solutions, cards, insurance and real estate.