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Skandinaviska Enskilda Banken AB (MIL:1SEBA) Scaled Net Operating Assets : 0.12 (As of Jun. 2024)


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What is Skandinaviska Enskilda Banken AB 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.

Skandinaviska Enskilda Banken AB's operating assets for the quarter that ended in Jun. 2024 was €305,911 Mil. Skandinaviska Enskilda Banken AB's operating liabilities for the quarter that ended in Jun. 2024 was €261,745 Mil. Skandinaviska Enskilda Banken AB's Total Assets for the quarter that ended in Mar. 2024 was €364,918 Mil. Therefore, Skandinaviska Enskilda Banken AB's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.12.

Skandinaviska Enskilda Banken AB 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.

Skandinaviska Enskilda Banken AB'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 )
=(285994.381-221835.939)/321347.406
=0.20

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=322564.333 - 36569.952
=285994.381

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=302738.285 - 80902.346 - 0
=221835.939

Skandinaviska Enskilda Banken AB's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Mar. 2024 )
=(305911.098-261744.577)/364918.164
=0.12

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=367834.48 - 61923.382
=305911.098

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=348555.184 - 86810.607 - 0
=261744.577

* 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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Skandinaviska Enskilda Banken AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Skandinaviska Enskilda Banken AB (MIL:1SEBA) » Definitions » Scaled Net Operating Assets
Comparable Companies
OSTO:SWED A OSTO:NDA SE OSTO:AZA OSTO:NORION OSTO:TFBANK NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA NSE:SBIN SGX:D05 XPAR:BNP MIL:ISP PNC USB MIL:UCG HKSE:01658 NU BSP:ITUB3
Traded in Other Exchanges
SVKEF:USA SEB C:Sweden SEB A:Sweden SEBAs:UK 0HBY:UK 0GUX:UK SEBA:Germany
Address
Kungstradgardsgatan 8, Stockholm, SWE, SE-106 40
Website
https://www.sebgroup.com
Skandinaviska Enskilda Banken is a Swedish universal bank with a strong focus on the corporate lending sector. The bank operates in the Nordics, the Baltics, Germany, and the United Kingdom but derives the majority of its operating profits from Sweden. SEB specializes in corporate lending, particularly to large corporations. Additionally, it serves large midcorporate and multinational companies, financial institutions, and about small and medium-size enterprises. It also serves about 4 million private customers in Sweden and the Baltics. The bank offers asset management, life insurance, and to a lesser extent private banking services to its clients.