Piraeus Financial Holdings (Piraeus Financial Holdings) Scaled Net Operating Assets : -0.01 (As of Dec. 2023)

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What is Piraeus Financial Holdings 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.

Piraeus Financial Holdings's operating assets for the quarter that ended in Dec. 2023 was $71,639 Mil. Piraeus Financial Holdings's operating liabilities for the quarter that ended in Dec. 2023 was $72,170 Mil. Piraeus Financial Holdings's Total Assets for the quarter that ended in Sep. 2023 was $84,588 Mil. Therefore, Piraeus Financial Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.01.

Piraeus Financial Holdings 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.

Piraeus Financial Holdings'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 )
=	(71639.041	-	72170.12)	/	79073.093
=	-0.01

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	83369.684	-	11730.643
=	71639.041

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	75350.055	-	3179.935	-	0
=	72170.12

Piraeus Financial Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(71639.041	-	72170.12)	/	84588.047
=	-0.01

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	83369.684	-	11730.643
=	71639.041

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	75350.055	-	3179.935	-	0
=	72170.12

* 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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Piraeus Financial Holdings (Piraeus Financial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Piraeus Financial Holdings SA (OTCPK:BPIRF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

BPIRY:USA TPEIR:Greece 0RTY:UK BKP:Germany

Address

4 Amerikis Street, Athens, GRC, 105 64

Website

https://www.piraeusbankgroup.com

Piraeus Financial Holdings SA is a universal banking group primarily operating in Greece, but with a presence in southeastern Europe and the eastern Mediterranean. Its banking unit specializes in small to midsize enterprise banking, agricultural banking, consumer and mortgage credit, green banking, investment banking, as well as leasing and factoring. The bank has an extensive distribution network, both traditional and alternative, most notably its e-banking platform Winbank. A majority of the bank's net revenue is net interest income, overwhelmingly derived from loans and advances to customers.