Nova Banka AD (XBLB:NOVB-R-E) Beginning Cash Position: BAM572.6 Mil (As of Dec. 2024)

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What is Nova Banka AD Beginning Cash Position?

Nova Banka AD XBLB:NOVB-R-E Beginning Cash Position is BAM572.6 Mil as of Dec. 2024.

Nova Banka AD's Beginning Cash Position for the quarter that ended in Dec. 2024 was BAM572.6 Mil.

Nova Banka AD's quarterly Beginning Cash Position increased from Dec. 2023 (BAM568.3 Mil) to Jun. 2024 (BAM630.9 Mil) but then declined from Jun. 2024 (BAM630.9 Mil) to Dec. 2024 (BAM572.6 Mil).

Nova Banka AD's annual Beginning Cash Position declined from Dec. 2022 (BAM876.9 Mil) to Dec. 2023 (BAM768.6 Mil) and declined from Dec. 2023 (BAM768.6 Mil) to Dec. 2024 (BAM614.1 Mil).

Nova Banka AD Beginning Cash Position Related Terms

Nova Banka AD Beginning Cash Position Historical Data

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The historical data trend for Nova Banka AD's Beginning Cash Position can be seen below:

* 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.

Nova Banka AD Beginning Cash Position Chart

Nova Banka AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 445.82 502.65 876.86 768.58 614.11

Nova Banka AD Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 713.13 776.76 568.28 630.87 572.56

Nova Banka AD Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of BAM572.6 Mil mean?
Nova Banka AD (XBLB:NOVB-R-E) has a Beginning Cash Position of BAM572.6 Mil as of Dec. 2024. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Nova Banka AD and its competitors.
Is Nova Banka AD's Beginning Cash Position too high?
Nova Banka AD's current Beginning Cash Position is BAM572.6 Mil.
How does Nova Banka AD's Beginning Cash Position compare to competitors?
Nova Banka AD's Beginning Cash Position of BAM572.6 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Banks company?
A good Beginning Cash Position depends on the Banks industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Nova Banka AD and its competitors. Nova Banka AD's current Beginning Cash Position is BAM572.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Banka AD stock overvalued right now?
Nova Banka AD (XBLB:NOVB-R-E) has a current Beginning Cash Position of BAM572.6 Mil. The current Beginning Cash Position is BAM572.6 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Nova Banka AD (XBLB:NOVB-R-E), the current Beginning Cash Position is BAM572.6 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nova Banka AD Business Description

Address 37A Kralja Alfonsa XIII Street, Banja Luka, BIH, 78 000
Nova Banka AD is engaged in providing banking services. The services include loans, documentary work, deposits and savings, payment transactions and money transfers, and currency exchange transactions. The bank also provides non-banking activities such as broker operations, custody operations, factoring, and forfeiting. Its operating segments include Corporate, Retail, Financial market, and others.