Faisal Islamic Bank of Egypt (CAI:FAIT) Scaled Net Operating Assets : -0.19 (As of Dec. 2023)

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What is Faisal Islamic Bank of Egypt 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.

Faisal Islamic Bank of Egypt's operating assets for the quarter that ended in Dec. 2023 was E£118,710 Mil. Faisal Islamic Bank of Egypt's operating liabilities for the quarter that ended in Dec. 2023 was E£152,095 Mil. Faisal Islamic Bank of Egypt's Total Assets for the quarter that ended in Sep. 2023 was E£174,592 Mil. Therefore, Faisal Islamic Bank of Egypt's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.19.

Faisal Islamic Bank of Egypt 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.

Faisal Islamic Bank of Egypt'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 )
=	(118709.536	-	152094.837)	/	151637.17
=	-0.22

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	176961.661	-	58252.125
=	118709.536

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	152094.837	-	0	-	0
=	152094.837

Faisal Islamic Bank of Egypt's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(118709.536	-	152094.837)	/	174592.174
=	-0.19

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	176961.661	-	58252.125
=	118709.536

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	152094.837	-	0	-	0
=	152094.837

* 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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Faisal Islamic Bank of Egypt (CAI:FAIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Faisal Islamic Bank of Egypt (CAI:FAIT) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

FAITA:Egypt

Address

3, 26 July Street, P.O. Box: 2446, Cairo, EGY, 11511

Website

https://www.faisalbank.com.eg

Faisal Islamic Bank of Egypt is an Egyptian Islamic and commercial bank. It provides general banking services like deposits, loans, letters of credit and guarantee, securities services, saving pools, and finance and investment.