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Banco del Bajio (MEX:BBAJIOO) Scaled Net Operating Assets : 0.22 (As of Mar. 2024)


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What is Banco del Bajio 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.

Banco del Bajio's operating assets for the quarter that ended in Mar. 2024 was MXN335,239 Mil. Banco del Bajio's operating liabilities for the quarter that ended in Mar. 2024 was MXN259,783 Mil. Banco del Bajio's Total Assets for the quarter that ended in Dec. 2023 was MXN344,268 Mil. Therefore, Banco del Bajio's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.22.


Banco del Bajio 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 del Bajio's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(332926-249487)/311202
=0.27

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=344268 - 11342
=332926

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=302727 - 53240 - 0
=249487

Banco del Bajio's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(335239-259783)/344268
=0.22

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=346472 - 11233
=335239

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=302152 - 42369 - 0
=259783

* 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.


Banco del Bajio Scaled Net Operating Assets Related Terms

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Banco del Bajio (MEX:BBAJIOO) Business Description

Traded in Other Exchanges
Address
Avenida Manuel J. Clouthier No. 402, Col. Jardines del Campestre, León, MEX, 37128
Banco del Bajio SA is a Mexico based company engaged in the provision of full-banking services. Its activities include receiving deposits, accepting loans, granting loans, operations with securities, trust agreements, and financial factoring and leasing operations. The business segments of the company are Banking and credit transactions, Rediscounted transactions, Treasury transactions and other segments. It derives a majority of the revenue from the Banking and credit transactions activities segment. The bank operates majorly in Mexico.