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Suez Canal Bank (CAI:CANA) Scaled Net Operating Assets : -0.58 (As of Mar. 2024)


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What is Suez Canal Bank 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.

Suez Canal Bank's operating assets for the quarter that ended in Mar. 2024 was E£67,505 Mil. Suez Canal Bank's operating liabilities for the quarter that ended in Mar. 2024 was E£126,884 Mil. Suez Canal Bank's Total Assets for the quarter that ended in Dec. 2023 was E£102,939 Mil. Therefore, Suez Canal Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.58.


Suez Canal Bank 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.

Suez Canal Bank'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 )
=(61015.039-94602.288)/74667.477
=-0.45

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=102938.506 - 41923.467
=61015.039

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=95125.363 - 523.075 - 0
=94602.288

Suez Canal Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(67504.845-126884.179)/102938.506
=-0.58

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=136014.855 - 68510.01
=67504.845

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=127404.179 - 520 - 0
=126884.179

* 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.


Suez Canal Bank Scaled Net Operating Assets Related Terms

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Suez Canal Bank (CAI:CANA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7 & 9 Abd El-Kader Hamza Street, Garden City, Cairo, EGY
Suez Canal Bank provides retail, corporate, and investment banking services. The company offers personal banking products and services, including savings, current accounts; time deposits; certificates of deposit; debit and credit cards; and mutual funds. It also provides custodian services comprising bookkeeping services of stocks and bonds, execution of buy/sell orders on behalf of its customers, collecting due coupons on behalf of its customers, subscriptions for new issues, and pledge and freeze of securities. In addition, the company offers institutional banking services to corporate, and small and medium enterprises.