Ithmaar Holding BSC (BAH:ITHMR) Scaled Net Operating Assets: -0.06 (As of Mar. 2026)


What is Ithmaar Holding BSC Scaled Net Operating Assets?

Ithmaar Holding BSC BAH:ITHMR Scaled Net Operating Assets is -0.06 as of Mar. 2026. The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ithmaar Holding BSC's operating assets for the quarter that ended in Mar. 2026 was $6,766.0 Mil. Ithmaar Holding BSC's operating liabilities for the quarter that ended in Mar. 2026 was $7,240.2 Mil. Ithmaar Holding BSC's Total Assets for the quarter that ended in Dec. 2025 was $7,584.2 Mil. Therefore, Ithmaar Holding BSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.06.

Ithmaar Holding BSC 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.

Ithmaar Holding BSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(6933.311-7335.625)/6847.423
=-0.06

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7584.237 - 650.926
=6933.311

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7403.154 - 67.529 - 0
=7335.625

Ithmaar Holding BSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(6765.95-7240.203)/7584.237
=-0.06

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7418.955 - 653.005
=6765.95

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7240.203 - 0 - 0
=7240.203

* 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.

What does a Scaled Net Operating Assets of -0.06 mean?
Ithmaar Holding BSC (BAH:ITHMR) has a Scaled Net Operating Assets of -0.06 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ithmaar Holding BSC and its competitors.
Is Ithmaar Holding BSC's Scaled Net Operating Assets too high?
Ithmaar Holding BSC's current Scaled Net Operating Assets is -0.06.
How does Ithmaar Holding BSC's Scaled Net Operating Assets compare to PNC and USB?
Ithmaar Holding BSC's Scaled Net Operating Assets of -0.06 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 Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ithmaar Holding BSC and its competitors. Ithmaar Holding BSC's current Scaled Net Operating Assets is -0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ithmaar Holding BSC stock overvalued right now?
Based on GuruFocus' analysis, Ithmaar Holding BSC (BAH:ITHMR) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 22.5% below its estimated fair value. The current Scaled Net Operating Assets is -0.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Ithmaar Holding BSC (BAH:ITHMR), the current Scaled Net Operating Assets is -0.06 as of Mar. 2026. 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.

Ithmaar Holding BSC Business Description

Other Exchanges ITHMR:United Arab Emirates
Address Seef Tower, P.O. Box 2820, Seef District, Manama, BHR
Ithmaar Holding BSC is engaged in providing financial services, including retail, commercial, asset management, private banking, takaful, equipment leasing, and real estate development. It also acts as a manager, on a trustee basis of funds deposited for investment in accordance with Islamic laws and principles, particularly regarding the prohibition of receiving or paying interest. The group's business segment includes Retail and Corporate banking, where it receives customer funds, and deposits and extends financing to its retail and corporate clients; Asset Management/ Investment Banking, where it directly participates in investment opportunities and Others. Majority of the company's revenue is generated from Retail & Corporate Banking segment.