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Burgan BankK (KUW:BURG) Scaled Net Operating Assets : -0.02 (As of Dec. 2024)


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What is Burgan BankK 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.

Burgan BankK's operating assets for the quarter that ended in Dec. 2024 was KWD6,609.9 Mil. Burgan BankK's operating liabilities for the quarter that ended in Dec. 2024 was KWD6,739.1 Mil. Burgan BankK's Total Assets for the quarter that ended in Sep. 2024 was KWD7,753.6 Mil. Therefore, Burgan BankK's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.02.


Burgan BankK 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.

Burgan BankK'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 )
=(6609.89-6739.087)/7426.131
=-0.02

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8158.486 - 1548.596
=6609.89

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7138.628 - 399.541 - 0
=6739.087

Burgan BankK'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 )
=(6609.89-6739.087)/7753.559
=-0.02

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8158.486 - 1548.596
=6609.89

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7138.628 - 399.541 - 0
=6739.087

* 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.


Burgan BankK Scaled Net Operating Assets Related Terms

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Burgan BankK Business Description

Industry
Traded in Other Exchanges
N/A
Address
Abdulla Al-Ahmad Street, P.O. Box 5389,, Building No. 22, Sharq, Safat, Kuwait, KWT, 12170
Burgan Bank SAK is a banking entity operating in Kuwait. The company's operating segment includes Corporate banking; Private and retail banking and Treasury, investment banking, and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment provides comprehensive products and services to corporate customers and financial institutions including lending, deposits, trade services, foreign exchange, advisory services, and others.