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Bank Millennium (WAR:MIL) Scaled Net Operating Assets : 0.05 (As of Mar. 2024)


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What is Bank Millennium 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.

Bank Millennium's operating assets for the quarter that ended in Mar. 2024 was zł126,776 Mil. Bank Millennium's operating liabilities for the quarter that ended in Mar. 2024 was zł120,173 Mil. Bank Millennium's Total Assets for the quarter that ended in Dec. 2023 was zł125,520 Mil. Therefore, Bank Millennium's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.05.

Bank Millennium 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.

Bank Millennium'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 )
=(119629.548-113463.594)/110941.969
=0.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=125520.004 - 5890.456
=119629.548

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=118625.109 - 5161.515 - 0
=113463.594

Bank Millennium'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 )
=(126776.018-120173.085)/125520.004
=0.05

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=132138.048 - 5362.03
=126776.018

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=125055.908 - 4882.823 - 0
=120173.085

* 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.

Bank Millennium Scaled Net Operating Assets Related Terms

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Bank Millennium (WAR:MIL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Millennium SA (WAR:MIL) » Definitions » Scaled Net Operating Assets
Comparable Companies
WAR:BNP WAR:BHW WAR:BOS WAR:GTN WAR:CFS WAR:MBK WAR:ING WAR:PEO 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
Traded in Other Exchanges
0DRH:UK
Address
ul. Stanis?awa ?aryna 2A, Warsaw, POL, 02-593
Website
https://www.bankmillennium.pl
Bank Millennium SA is a commercial bank group operating in Poland. The bank's operating segments include retail, corporate, and treasury banking. The retail segment includes services to mass market individual clients, affluent clients, individual entrepreneurs, and small businesses. The corporate segment includes services to medium and large companies as well as public sector entities. The treasury segment comprises the Group's treasury investments, interbank market transactions, taking positions in debt securities, brokerage activity as well as other transactions. The company derives the majority of its revenue from the retail segment.