Banco Mercantil do Brasil (BSP:BMEB4) Scaled Net Operating Assets : -0.04 (As of Dec. 2023)

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What is Banco Mercantil do Brasil 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 Mercantil do Brasil's operating assets for the quarter that ended in Dec. 2023 was R$16,104 Mil. Banco Mercantil do Brasil's operating liabilities for the quarter that ended in Dec. 2023 was R$16,813 Mil. Banco Mercantil do Brasil's Total Assets for the quarter that ended in Sep. 2023 was R$17,687 Mil. Therefore, Banco Mercantil do Brasil's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.04.

Banco Mercantil do Brasil 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 Mercantil do Brasil'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 )
=	(16103.649	-	16813.342)	/	14848.428
=	-0.05

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	19282.882	-	3179.233
=	16103.649

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	17688.587	-	875.245	-	0
=	16813.342

Banco Mercantil do Brasil'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 )
=	(16103.649	-	16813.342)	/	17686.71
=	-0.04

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	19282.882	-	3179.233
=	16103.649

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	17688.587	-	875.245	-	0
=	16813.342

* 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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Banco Mercantil do Brasil (BSP:BMEB4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Mercantil do Brasil SA (BSP:BMEB4) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

BMEB3:Brazil

Address

R Rio de Janeiro 654, Belo Horizonte,, MG, BRA, 30160912

Website

http://www.mercantildobrasil.com.br

Banco Mercantil do Brasil SA offers commercial banking services. It offers personal and corporate credit cards, lease financing, business financing services, Internet banking, and other financial services. The company offers checking and savings accounts, and time deposits and funds; payroll-deductible loans, personal loans, overdraft facilities, credit cards, and vehicle financing services; private pension, insurance, and capitalization products and services; and collection, payment of taxes and fees to individuals.