Banco de Venezuela (CAR:BVL) Scaled Net Operating Assets: -0.25 (As of Dec. 2013)


What is Banco de Venezuela Scaled Net Operating Assets?

Banco de Venezuela CAR:BVL Scaled Net Operating Assets is -0.25 as of Dec. 2013.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Banco de Venezuela's operating assets for the quarter that ended in Dec. 2013 was VES186,220 Mil. Banco de Venezuela's operating liabilities for the quarter that ended in Dec. 2013 was VES229,117 Mil. Banco de Venezuela's Total Assets for the quarter that ended in Jun. 2013 was VES168,516 Mil. Therefore, Banco de Venezuela's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2013 was -0.25.

Banco de Venezuela 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 de Venezuela's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2013 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2013 )
=(Operating Assets (A: Dec. 2013 )-Operating Liabilities (A: Dec. 2013 ))/Total Assets (A: Dec. 2012 )
=(186220.063-229116.98)/141906.451
=-0.30

where

Operating Assets(A: Dec. 2013 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=243883.065 - 57663.002
=186220.063

Operating Liabilities(A: Dec. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=229116.98 - 0 - 0
=229116.98

Banco de Venezuela's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2013 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2013 )
=(Operating Assets (Q: Dec. 2013 )-Operating Liabilities (Q: Dec. 2013 ))/Total Assets (Q: Jun. 2013 )
=(186220.063-229116.98)/168516.378
=-0.25

where

Operating Assets(Q: Dec. 2013 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=243883.065 - 57663.002
=186220.063

Operating Liabilities(Q: Dec. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=229116.98 - 0 - 0
=229116.98

* 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.

What does a Scaled Net Operating Assets of -0.25 mean?
Banco de Venezuela (CAR:BVL) has a Scaled Net Operating Assets of -0.25 as of Dec. 2013. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Banco de Venezuela and its competitors.
Is Banco de Venezuela's Scaled Net Operating Assets too high?
Banco de Venezuela's current Scaled Net Operating Assets is -0.25.
How does Banco de Venezuela's Scaled Net Operating Assets compare to ARST?
Banco de Venezuela's Scaled Net Operating Assets of -0.25 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Banco de Venezuela and its competitors. Banco de Venezuela's current Scaled Net Operating Assets is -0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco de Venezuela stock overvalued right now?
Banco de Venezuela (CAR:BVL) has a current Scaled Net Operating Assets of -0.25. The current Scaled Net Operating Assets is -0.25. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Banco de Venezuela (CAR:BVL), the current Scaled Net Operating Assets is -0.25 as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco de Venezuela Business Description

Address Av University in Society Traposos, Torre Banco de Venezuela, Caracas, VEN
Banco de Venezuela SA is engaged in financial intermediation services consisting of raising funds for the purpose of granting credit or loans, and other financial operations and services. The bank maintains currency and savings and foreign currency account which includes global accounts, paid global accounts, digital key accounts among others.