Commercial Bank Of Kuwait (KUW:CBK) Scaled Net Operating Assets : 0.03 (As of Dec. 2024)

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What is Commercial Bank Of Kuwait 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.

Commercial Bank Of Kuwait's operating assets for the quarter that ended in Dec. 2024 was KWD3,520.0 Mil. Commercial Bank Of Kuwait's operating liabilities for the quarter that ended in Dec. 2024 was KWD3,383.9 Mil. Commercial Bank Of Kuwait's Total Assets for the quarter that ended in Sep. 2024 was KWD4,617.2 Mil. Therefore, Commercial Bank Of Kuwait's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.03.

Commercial Bank Of Kuwait 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.

Commercial Bank Of Kuwait'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 )
=	(3519.996	-	3383.929)	/	4176.013
=	0.03

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4665.901	-	1145.905
=	3519.996

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3920.175	-	536.246	-	0
=	3383.929

Commercial Bank Of Kuwait'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 )
=	(3519.996	-	3383.929)	/	4617.229
=	0.03

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4665.901	-	1145.905
=	3519.996

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3920.175	-	536.246	-	0
=	3383.929

* 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.

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Commercial Bank Of Kuwait Business Description

Industry

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Traded in Other Exchanges

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Address

Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029

Website

https://www.cbk.com

Commercial Bank Of Kuwait is the financial institution in Kuwait. It operates corporate and retail banking franchise that provides innovative financial and investment solutions to its growing customer base. The company operates in two segments: Corporate and Retail banking, which provides a full range of lending, deposit, and related banking services to domestic and international corporate and individual customers; and Treasury and Investment banking segment comprises of money market, foreign exchange, treasury bonds, and brokerage services. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.