Banco Provincial (CAR:BPV) Scaled Net Operating Assets : -0.33 (As of Jun. 2023)

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What is Banco Provincial 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.

Banco Provincial's operating assets for the quarter that ended in Jun. 2023 was VES7,229 Mil. Banco Provincial's operating liabilities for the quarter that ended in Jun. 2023 was VES13,293 Mil. Banco Provincial's Total Assets for the quarter that ended in Dec. 2022 was VES18,159 Mil. Therefore, Banco Provincial's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was -0.33.

Banco Provincial 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.

Banco Provincial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(6072.791	-	11906.634)	/	13002.139
=	-0.45

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	18158.993	-	12086.202
=	6072.791

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	11906.634	-	0	-	0
=	11906.634

Banco Provincial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Dec. 2022 )
=	(7228.92	-	13292.935)	/	18158.993
=	-0.33

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	19337.865	-	12108.945
=	7228.92

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	13292.935	-	0	-	0
=	13292.935

* 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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Banco Provincial (CAR:BPV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Provincial SA (CAR:BPV) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Urbanisation San Bernardino Avenue East West, Provincial Financial Center, Caracas, VEN

Website

https://www.provincial.com

Banco Provincial SA operates as a bank in Venezuela. The company offers Current, Savings, Foreign currency accounts, mutual funds, Gold credit card, Classic Credit card, debit cards. It also provides various banking services which include personal loans, mortgage loan, vehicle loans, flexible credit to its customers in Venezuela.