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BMA (Banco Macro) Scaled Net Operating Assets : 0.05 (As of Sep. 2024)


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What is Banco Macro 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 Macro's operating assets for the quarter that ended in Sep. 2024 was $11,330 Mil. Banco Macro's operating liabilities for the quarter that ended in Sep. 2024 was $10,658 Mil. Banco Macro's Total Assets for the quarter that ended in Jun. 2024 was $13,067 Mil. Therefore, Banco Macro's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.05.

Banco Macro 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 Macro'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 )
=(15277.302-11849.6)/38823.705
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=18610.003 - 3332.701
=15277.302

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12947.884 - 1098.284 - 0
=11849.6

Banco Macro'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 )
=(11330.39-10657.824)/13066.739
=0.05

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14979.236 - 3648.846
=11330.39

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11146.77 - 488.946 - 0
=10657.824

* 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.

Banco Macro Scaled Net Operating Assets Related Terms

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Banco Macro Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Macro SA (NYSE:BMA) » Definitions » Scaled Net Operating Assets
Comparable Companies
BUE:GGAL BUE:BBAR BUE:BPAT BUE:SUPV BUE:BHIP NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 NSE:SBIN PNC USB ISX:BBCA HKSE:01658 MIL:ISP XPAR:BNP NU TFC TSE:8411
Traded in Other Exchanges
BMA:Mexico B4W:Germany B4W:Germany BMA:Argentina
Address
Avenida Eduardo Madero 1182, City of Buenos Aires, ARG, 1172
Website
https://www.macro.com.ar
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. It generates the majority of its revenue from Argentina.