Optima bank (FRA:C59) Scaled Net Operating Assets: -0.08 (As of Jun. 2023)


FRA:C59 Optima bank SA FRA:C59
20 GF Score
Price €9.80
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What is Optima bank Scaled Net Operating Assets?

Optima bank FRA:C59 +0.10% 20 Scaled Net Operating Assets is -0.08 as of Jun. 2023. GuruFocus rates FRA:C59 with a GF Score™ of 20/100.

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

Optima bank's operating assets for the quarter that ended in Jun. 2023 was €2,672.4 Mil. Optima bank's operating liabilities for the quarter that ended in Jun. 2023 was €2,885.8 Mil. Optima bank's Total Assets for the quarter that ended in Dec. 2022 was €2,607.7 Mil. Therefore, Optima bank's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was -0.08.

FRA:C59
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Optima bank SA FRA:C59
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Optima 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.

Optima bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(2276.086-2329.49)/1634.918
=-0.03

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2607.737 - 331.651
=2276.086

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2354.784 - 25.294 - 0
=2329.49

Optima bank'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: Dec. 2022 )
=(2672.393-2885.751)/2607.737
=-0.08

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3209.196 - 536.803
=2672.393

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2910.726 - 24.975 - 0
=2885.751

* 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 -0.08 mean?
Optima bank (FRA:C59) has a Scaled Net Operating Assets of -0.08 as of Jun. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Optima bank and its competitors.
Is Optima bank's Scaled Net Operating Assets too high?
Optima bank's current Scaled Net Operating Assets is -0.08. Overall, Optima bank has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Optima bank's Scaled Net Operating Assets compare to ?
Optima bank's Scaled Net Operating Assets of -0.08 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 Optima bank and its competitors. Optima bank's current Scaled Net Operating Assets is -0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optima bank stock overvalued right now?
Optima bank (FRA:C59) has a current Scaled Net Operating Assets of -0.08. The current Scaled Net Operating Assets is -0.08. Optima bank's overall GF Score™ is 20/100. 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 Optima bank (FRA:C59), the current Scaled Net Operating Assets is -0.08 as of Jun. 2023. 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.

Optima bank Business Description

Comparable Companies
Address 32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125
Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services, and Business Receivables Agency.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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