Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Scaled Net Operating Assets : -0.34 (As of Jun. 2023)

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What is Commercial International Bank - Egypt CIB 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.

Commercial International Bank - Egypt CIB's operating assets for the quarter that ended in Jun. 2023 was $15,554 Mil. Commercial International Bank - Egypt CIB's operating liabilities for the quarter that ended in Jun. 2023 was $23,094 Mil. Commercial International Bank - Egypt CIB's Total Assets for the quarter that ended in Mar. 2023 was $22,286 Mil. Therefore, Commercial International Bank - Egypt CIB's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was -0.34.

Commercial International Bank - Egypt CIB 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.

Commercial International Bank - Egypt CIB'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 )
=	(17245.031	-	23688.069)	/	25809.057
=	-0.25

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	27046.464	-	9801.433
=	17245.031

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	24214.536	-	526.467	-	0
=	23688.069

Commercial International Bank - Egypt CIB's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(15553.838	-	23094.136)	/	22286.029
=	-0.34

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	25776.531	-	10222.693
=	15553.838

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	23554.745	-	460.609	-	0
=	23094.136

* 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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Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial International Bank - Egypt CIB (OTCPK:CMGGF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CIBEY:USA CBKDl:UK CBKD:UK COMI:Egypt CIN:Germany

Address

21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY

Website

https://www.cibeg.com

Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services. It has Retail banking division under that it has the Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments, an extensive bundle of products and services tailored to satisfy their needs. The Business Banking segment serves over seventy seven thousand SMEs. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB's position as a bank of choice for business owners.