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Sekerbank TAS (IST:SKBNK) Scaled Net Operating Assets : 0.10 (As of Dec. 2024)


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What is Sekerbank TAS 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.

Sekerbank TAS's operating assets for the quarter that ended in Dec. 2024 was ₺100,044 Mil. Sekerbank TAS's operating liabilities for the quarter that ended in Dec. 2024 was ₺87,517 Mil. Sekerbank TAS's Total Assets for the quarter that ended in Sep. 2024 was ₺120,493 Mil. Therefore, Sekerbank TAS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.10.


Sekerbank TAS 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.

Sekerbank TAS'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 )
=(100044.129-87516.519)/90741.896
=0.14

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=129773.23 - 29729.101
=100044.129

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=111594.24 - 24077.721 - 0
=87516.519

Sekerbank TAS'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 )
=(100044.129-87516.519)/120492.521
=0.10

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=129773.23 - 29729.101
=100044.129

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=111594.24 - 24077.721 - 0
=87516.519

* 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.


Sekerbank TAS Scaled Net Operating Assets Related Terms

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Sekerbank TAS Business Description

Industry
Traded in Other Exchanges
N/A
Address
Eski Buyukdere Cad. No. 1/1A, Guvenlik Evleri Mahallesi, Kagithane, Istanbul, TUR, 34415
Sekerbank TAS is a co-operative bank operating in Turkey, primarily in Anatolia. The bank focuses on agricultural banking, as well as providing small to midsize enterprise, corporate, and retail banking services. The bank's strategy emphasizes its community banking orientation. It has incorporated microfinance lending into its business model to provide equal access across its customer segments. The bank's loan book is diversified but has just less than half of its exposure to the service industry.