Gulf Commercial Bank (Al-Kaleej Bank) (IQS:BGUC) Scaled Net Operating Assets: (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Gulf Commercial Bank (Al-Kaleej 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.

Gulf Commercial Bank (Al-Kaleej Bank)'s operating assets for the quarter that ended in . 20 was ع.د Mil. Gulf Commercial Bank (Al-Kaleej Bank)'s operating liabilities for the quarter that ended in . 20 was ع.د Mil. Gulf Commercial Bank (Al-Kaleej Bank)'s Total Assets for the quarter that ended in . 20 was ع.د Mil. Therefore, Gulf Commercial Bank (Al-Kaleej Bank)'s scaled net operating assets (SNOA) for the quarter that ended in . 20 was .


Gulf Commercial Bank (Al-Kaleej 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.

Gulf Commercial Bank (Al-Kaleej Bank)'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

Gulf Commercial Bank (Al-Kaleej Bank)'s Scaled Net Operating Assets (SNOA) for the quarter that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(Q: . 20 )
=(Operating Assets (Q: . 20 )-Operating Liabilities (Q: . 20 ))/Total Assets (Q: . 20 )
=(-)/
=

where

Operating Assets(Q: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

* 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.


Gulf Commercial Bank (Al-Kaleej Bank) Business Description

Address Al-Sadoon Street, Building 27, Sector 903, Opposite to Al-Alawiyya Exchange, Baghdad, IRQ
Gulf Commercial Bank (Al-Kaleej Bank) provides banking services. It is based in Baghdad in Iraq. It has more than fifteen branches. It offers retail banking services, such as current and saving accounts, personal loans, and currency and credit cards. The company also provides wholesale commercial financing, project and structured financing, syndication and agency, Shariah-compliant banking, and global transaction banking services.