Banestes Banco Estado Espirito (BSP:BEES3) Scaled Net Operating Assets : 0.37 (As of Dec. 2023)

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What is Banestes Banco Estado Espirito 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.

Banestes Banco Estado Espirito's operating assets for the quarter that ended in Dec. 2023 was R$40,251 Mil. Banestes Banco Estado Espirito's operating liabilities for the quarter that ended in Dec. 2023 was R$24,907 Mil. Banestes Banco Estado Espirito's Total Assets for the quarter that ended in Sep. 2023 was R$41,762 Mil. Therefore, Banestes Banco Estado Espirito's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.37.

Banestes Banco Estado Espirito 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.

Banestes Banco Estado Espirito'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 )
=	(40251.317	-	24907.458)	/	36784.144
=	0.42

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	41515.412	-	1264.095
=	40251.317

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	39299.061	-	14391.603	-	0
=	24907.458

Banestes Banco Estado Espirito'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 )
=	(40251.317	-	24907.458)	/	41762.205
=	0.37

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	41515.412	-	1264.095
=	40251.317

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	39299.061	-	14391.603	-	0
=	24907.458

* 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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Banestes Banco Estado Espirito (BSP:BEES3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banestes SA Banco Estado Espirito (BSP:BEES3) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

BEES4:Brazil

Address

Avenue Princesa Isabel, 574, Bloco B - 9th floor - Ed. Palas, Centro, Vitoria, ES, BRA, 29010-031

Website

http://www.banestes.com.br

Banestes SA Banco Estado Espirito operates as a bank. Its activities are focused on the credit operations. It also operates in foreign exchange market, offering products geared mainly to finance imports and exports like letter of credit. The Bank offers credit, securities brokerage services, foreign exchange, and other financial services.