Invest Bank PSC (ADX:INVESTB) Scaled Net Operating Assets : -0.03 (As of Sep. 2024)

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What is Invest Bank PSC 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.

Invest Bank PSC's operating assets for the quarter that ended in Sep. 2024 was د.إ8,847.3 Mil. Invest Bank PSC's operating liabilities for the quarter that ended in Sep. 2024 was د.إ9,193.4 Mil. Invest Bank PSC's Total Assets for the quarter that ended in Jun. 2024 was د.إ11,079.0 Mil. Therefore, Invest Bank PSC's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.03.

Invest Bank PSC 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.

Invest Bank PSC'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 )
=	(10228.59	-	10357.92)	/	8567.711
=	-0.02

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	12032.176	-	1803.586
=	10228.59

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10362.6	-	4.68	-	0
=	10357.92

Invest Bank PSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(8847.326	-	9193.367)	/	11079.029
=	-0.03

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	10975.955	-	2128.629
=	8847.326

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	9193.367	-	0	-	0
=	9193.367

* 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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Invest Bank PSC Business Description

Industry

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Traded in Other Exchanges

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Address

No. 105, Al Zahra Street, King Abdul Aziz Road, P.O. Box 1885, Al-Qasimiya, Sharjah, ARE

Website

https://www.investbank.ae

Invest Bank PSC is engaged in the business of corporate and retail banking. It is a commercial bank providing a full range of financial products and services to corporates as well as retail customers. Its product suite currently covers the entire spectrum of banking products and services such as Loans and Advances, Revolving Overdraft Facility, Guarantees, Foreign Exchange, Current Accounts, and many more. The Group operates in the United Arab Emirates and Lebanon, and its segments are commercial banking, treasury and investment activities.