Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Scaled Net Operating Assets : 0.10 (As of Mar. 2024)

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What is Turkiye Vakiflar Bankasi TAO 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.

Turkiye Vakiflar Bankasi TAO's operating assets for the quarter that ended in Mar. 2024 was ₺2,516,201 Mil. Turkiye Vakiflar Bankasi TAO's operating liabilities for the quarter that ended in Mar. 2024 was ₺2,240,715 Mil. Turkiye Vakiflar Bankasi TAO's Total Assets for the quarter that ended in Dec. 2023 was ₺2,859,246 Mil. Therefore, Turkiye Vakiflar Bankasi TAO's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.10.

Turkiye Vakiflar Bankasi TAO 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.

Turkiye Vakiflar Bankasi TAO'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 )
=	(2339239.027	-	2279628.063)	/	1709168.72
=	0.03

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2859246.233	-	520007.206
=	2339239.027

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2678370.535	-	398742.472	-	0
=	2279628.063

Turkiye Vakiflar Bankasi TAO'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 )
=	(2516201.186	-	2240715.033)	/	2859246.233
=	0.10

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3087077.835	-	570876.649
=	2516201.186

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2892618.454	-	651903.421	-	0
=	2240715.033

* 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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Turkiye Vakiflar Bankasi TAO (IST:VAKBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Turkiye Vakiflar Bankasi TAO (IST:VAKBN) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saray Mahallesi Dr. Adnan Buyukdeniz Caddesi No: 7/A-B, Genel Mudurlugu, Umraniye, Istanbul, TUR, 34768

Website

https://www.vakifbank.com.tr

Turkiye Vakiflar Bankasi TAO provides a range of banking products and services through its corporate, commercial and small to midsize enterprise, and retail and private banking business lines. In addition to its core services, the bank also participates in investment banking, insurance, as well as financial leasing and factoring, among other activities. Most of the bank's earning assets are commercial loans, but it also has a significant retail loan book and securities portfolio. The bank operates and has its credit exposed overwhelmingly in the Turkish market.