Banco BTG Pactual S.A. (LTS:0RKB) Scaled Net Operating Assets: 0.13 (As of Mar. 2026)


What is Banco BTG Pactual S.A. Scaled Net Operating Assets?

Banco BTG Pactual S.A. LTS:0RKB 79 Scaled Net Operating Assets is 0.13 as of Mar. 2026. GuruFocus rates LTS:0RKB with a GF Score™ of 79/100. The stock has 2 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.

Banco BTG Pactual S.A.'s operating assets for the quarter that ended in Mar. 2026 was €130,954.93 Mil. Banco BTG Pactual S.A.'s operating liabilities for the quarter that ended in Mar. 2026 was €114,313.63 Mil. Banco BTG Pactual S.A.'s Total Assets for the quarter that ended in Dec. 2025 was €126,161.07 Mil. Therefore, Banco BTG Pactual S.A.'s scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.13.

Banco BTG Pactual S.A. 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.

Banco BTG Pactual S.A.'s Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(118689.83-103047.366)/101251.258
=0.15

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=126161.072 - 7471.242
=118689.83

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=114122.054 - 11074.688 - 0
=103047.366

Banco BTG Pactual S.A.'s Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(130954.931-114313.629)/126161.072
=0.13

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=139861.979 - 8907.048
=130954.931

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=126592.502 - 12278.873 - 0
=114313.629

* 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 0.13 mean?
Banco BTG Pactual S.A. (LTS:0RKB) has a Scaled Net Operating Assets of 0.13 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Banco BTG Pactual S.A. and its competitors.
Is Banco BTG Pactual S.A.'s Scaled Net Operating Assets too high?
Banco BTG Pactual S.A.'s current Scaled Net Operating Assets is 0.13. Overall, Banco BTG Pactual S.A. has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Banco BTG Pactual S.A.'s Scaled Net Operating Assets compare to MS and GS?
Banco BTG Pactual S.A.'s Scaled Net Operating Assets of 0.13 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 Banco BTG Pactual S.A. and its competitors. Banco BTG Pactual S.A.'s current Scaled Net Operating Assets is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BTG Pactual S.A. stock overvalued right now?
Banco BTG Pactual S.A. (LTS:0RKB) has a current Scaled Net Operating Assets of 0.13. The current Scaled Net Operating Assets is 0.13. Banco BTG Pactual S.A.'s overall GF Score™ is 79/100 with 2 warning signs to review. 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 Banco BTG Pactual S.A. (LTS:0RKB), the current Scaled Net Operating Assets is 0.13 as of Mar. 2026. 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.

Banco BTG Pactual S.A. Business Description

Address Praia de Botafogo, 501 - 5th floor, Botafogo, Torre Corcovado, RJ, BRA, 22250-040
Banco BTG Pactual S.A. is a Brazil-based banking firm. It offers financial products and services regarding commercial, investments, credit, financing, capital leases, insurance, and foreign exchange portfolios, among others, in the country and several locations abroad.