AlJanoob Islamic Bank Investment and Fin (IQS:BJAB) Scaled Net Operating Assets: -0.25 (As of Dec. 2024)

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What is AlJanoob Islamic Bank Investment and Fin Scaled Net Operating Assets?

AlJanoob Islamic Bank Investment and Fin IQS:BJAB Scaled Net Operating Assets is -0.25 as of Dec. 2024. The stock has 4 warning signs investors should review.

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

AlJanoob Islamic Bank Investment and Fin's operating assets for the quarter that ended in Dec. 2024 was ع.د291,738 Mil. AlJanoob Islamic Bank Investment and Fin's operating liabilities for the quarter that ended in Dec. 2024 was ع.د772,740 Mil. AlJanoob Islamic Bank Investment and Fin's Total Assets for the quarter that ended in Dec. 2023 was ع.د1,907,170 Mil. Therefore, AlJanoob Islamic Bank Investment and Fin's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.25.

AlJanoob Islamic Bank Investment and Fin 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.

AlJanoob Islamic Bank Investment and Fin's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(291738.4-772739.861)/1907169.919
=-0.25

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1327978.169 - 1036239.769
=291738.4

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=772739.861 - 0 - 0
=772739.861

AlJanoob Islamic Bank Investment and Fin's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Dec. 2023 )
=(291738.4-772739.861)/1907169.919
=-0.25

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1327978.169 - 1036239.769
=291738.4

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=772739.861 - 0 - 0
=772739.861

* 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?
AlJanoob Islamic Bank Investment and Fin (IQS:BJAB) has a Scaled Net Operating Assets of -0.25 as of Dec. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on AlJanoob Islamic Bank Investment and Fin and its competitors.
Is AlJanoob Islamic Bank Investment and Fin's Scaled Net Operating Assets too high?
AlJanoob Islamic Bank Investment and Fin's current Scaled Net Operating Assets is -0.25.
How does AlJanoob Islamic Bank Investment and Fin's Scaled Net Operating Assets compare to ?
AlJanoob Islamic Bank Investment and Fin'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 AlJanoob Islamic Bank Investment and Fin and its competitors. AlJanoob Islamic Bank Investment and Fin'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 AlJanoob Islamic Bank Investment and Fin stock overvalued right now?
AlJanoob Islamic Bank Investment and Fin (IQS:BJAB) 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 AlJanoob Islamic Bank Investment and Fin (IQS:BJAB), the current Scaled Net Operating Assets is -0.25 as of Dec. 2024. 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.

AlJanoob Islamic Bank Investment and Fin Business Description

Comparable Companies
Address Building 73, Street 14, Dist 609, Al Watheq Square, Karrada, Baghdad, IRQ
AlJanoob Islamic Bank Investment and Fin offers a varieties of products and services that meet the market requirements of both corporate and individual sectors. The bank plays a role by introducing Islamic Sharia-compliant products that support its position in entrepreneurship. Additionally, the bank has launched a package of electronic services and new channels to enhance electronic payment systems and drive digital transformation.