ICBC Turkey Bank AS (IST:ICBCT) Scaled Net Operating Assets : 0.38 (As of Dec. 2024)

View and export this data going back to 1987. Start your Free Trial

What is ICBC Turkey Bank AS 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.

ICBC Turkey Bank AS's operating assets for the quarter that ended in Dec. 2024 was ₺80,264 Mil. ICBC Turkey Bank AS's operating liabilities for the quarter that ended in Dec. 2024 was ₺42,931 Mil. ICBC Turkey Bank AS's Total Assets for the quarter that ended in Sep. 2024 was ₺98,272 Mil. Therefore, ICBC Turkey Bank AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.38.

ICBC Turkey Bank AS 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.

ICBC Turkey Bank AS'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 )
=	(80264.233	-	42931.242)	/	100590.08
=	0.37

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	100981.908	-	20717.675
=	80264.233

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	96136.946	-	53205.704	-	0
=	42931.242

ICBC Turkey Bank AS'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: Sep. 2024 )
=	(80264.233	-	42931.242)	/	98271.83
=	0.38

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	100981.908	-	20717.675
=	80264.233

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	96136.946	-	53205.704	-	0
=	42931.242

* 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.

ICBC Turkey Bank AS Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of ICBC Turkey Bank AS's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

ICBC Turkey Bank AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ICBC Turkey Bank AS (IST:ICBCT) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maslak Mah. Dereboyu/2 Caddesi No: 13, Sar?yer, Istanbul, TUR, 34398

Website

https://www.icbc.com.tr

ICBC Turkey Bank AS is a bank engaged in corporate and retail banking activities. The operations of the company consist of corporate, commercial, and retail banking services, international transactions, and securities trading in capital markets, which are conducted mainly with local customers. The company has three segments, namely Retail Banking, which includes loans, deposits, and other transactions and balances with retail customers; Corporate Banking includes loans, deposits, and other transactions and balances with corporate and SME customers; and Treasury, Investment Banking, and others include funds management and treasury activities. It derives key revenue from the Corporate banking segment.