Egyptian Gulf Bank (CAI:EGBE) Scaled Net Operating Assets : -0.26 (As of Jun. 2024)

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What is Egyptian Gulf 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.

Egyptian Gulf Bank's operating assets for the quarter that ended in Jun. 2024 was $1,940.7 Mil. Egyptian Gulf Bank's operating liabilities for the quarter that ended in Jun. 2024 was $2,632.9 Mil. Egyptian Gulf Bank's Total Assets for the quarter that ended in Mar. 2024 was $2,657.5 Mil. Therefore, Egyptian Gulf Bank's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.26.

Egyptian Gulf 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.

Egyptian Gulf 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 )
=	(2498.279	-	2805.358)	/	3520.765
=	-0.09

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3153.884	-	655.605
=	2498.279

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2913.257	-	107.899	-	0
=	2805.358

Egyptian Gulf Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Mar. 2024 )
=	(1940.736	-	2632.857)	/	2657.521
=	-0.26

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2904.456	-	963.72
=	1940.736

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2724.519	-	91.662	-	0
=	2632.857

* 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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Egyptian Gulf Bank Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

45 North 90 Street, 5th Settlement, Giza, EGY

Website

https://www.eg-bank.com

Egyptian Gulf Bank provides commercial and investment banking services. The company offers savings and current accounts, distinct certificates, time deposits, investment funds, Tharaa funds, corporate banking services, and many other services. The activity segment of the bank includes Large enterprises, medium and Small enterprises, Investments, Individuals, and Other activities.