Jordan Kuwait Bank (AMM:JOKB) Scaled Net Operating Assets : -0.08 (As of Dec. 2024)

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What is Jordan Kuwait Bank 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.

Jordan Kuwait Bank's operating assets for the quarter that ended in Dec. 2024 was JOD3,950.2 Mil. Jordan Kuwait Bank's operating liabilities for the quarter that ended in Dec. 2024 was JOD4,408.7 Mil. Jordan Kuwait Bank's Total Assets for the quarter that ended in Sep. 2024 was JOD5,778.3 Mil. Therefore, Jordan Kuwait Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.08.

Jordan Kuwait Bank 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.

Jordan Kuwait Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2024 )
=	(Operating Assets (A: Dec. 2024 )	-	Operating Liabilities (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2023 )
=	(3950.174	-	4408.712)	/	5244.402
=	-0.09

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	5630.326	-	1680.152
=	3950.174

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4744.196	-	335.484	-	0
=	4408.712

Jordan Kuwait Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Sep. 2024 )
=	(3950.174	-	4408.712)	/	5778.294
=	-0.08

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	5630.326	-	1680.152
=	3950.174

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4744.196	-	335.484	-	0
=	4408.712

* 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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Jordan Kuwait Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jordan Kuwait Bank (AMM:JOKB) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

62 Omaya Bin Abdshams Street, P.O. Box 9776, Amman, JOR, 11191

Website

https://www.jkb.com

Jordan Kuwait Bank provides banking and financial services. It offers Retail banking, Business Banking, Private Banking, and Treasury and Investment. The Bank conducts international operations through its branches in Cyprus and Palestine. The Bank offers individual (retail) loans, real estate loans, and loans to large companies, small and medium enterprises (SMEs), and government and public sector companies. Also, offers current accounts, savings accounts, and fixed deposits. It offers automobile, housing, and student loans. It offers American Express, MasterCard, and Visa cards. The Bank performs its operations mainly in the Hashemite Kingdom of Jordan which represents local operations, and hence it generates most of its revenue from Jordan itself.