CIBanco Institucion de Banca Multiple (MEX:SOMA21) Scaled Net Operating Assets: -0.11 (As of Mar. 2024)

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MEX:SOMA21 CIBanco SA Institucion de Banca Multiple MEX:SOMA21
24 GF Score
Price MXN48.00
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What is CIBanco Institucion de Banca Multiple Scaled Net Operating Assets?

CIBanco Institucion de Banca Multiple MEX:SOMA21 24 Scaled Net Operating Assets is -0.11 as of Mar. 2024. GuruFocus rates MEX:SOMA21 with a GF Score™ of 24/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

CIBanco Institucion de Banca Multiple's operating assets for the quarter that ended in Mar. 2024 was MXN99,705 Mil. CIBanco Institucion de Banca Multiple's operating liabilities for the quarter that ended in Mar. 2024 was MXN110,727 Mil. CIBanco Institucion de Banca Multiple's Total Assets for the quarter that ended in Dec. 2023 was MXN101,476 Mil. Therefore, CIBanco Institucion de Banca Multiple's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.11.

MEX:SOMA21
24GF Score
CIBanco SA Institucion de Banca Multiple MEX:SOMA21
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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CIBanco Institucion de Banca Multiple 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.

CIBanco Institucion de Banca Multiple'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 )
=(105541-95087)/79914
=0.13

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=101476 - -4065
=105541

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=96427 - 1340 - 0
=95087

CIBanco Institucion de Banca Multiple'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 )
=(99705-110727)/101476
=-0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=117129 - 17424
=99705

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=112007 - 1280 - 0
=110727

* 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 -0.11 mean?
CIBanco Institucion de Banca Multiple (MEX:SOMA21) has a Scaled Net Operating Assets of -0.11 as of Mar. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on CIBanco Institucion de Banca Multiple and its competitors.
Is CIBanco Institucion de Banca Multiple's Scaled Net Operating Assets too high?
CIBanco Institucion de Banca Multiple's current Scaled Net Operating Assets is -0.11. Overall, CIBanco Institucion de Banca Multiple has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does CIBanco Institucion de Banca Multiple's Scaled Net Operating Assets compare to PNC and USB?
CIBanco Institucion de Banca Multiple's Scaled Net Operating Assets of -0.11 can be compared against companies in the Banks 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 Banks company?
A good Scaled Net Operating Assets depends on the Banks 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 CIBanco Institucion de Banca Multiple and its competitors. CIBanco Institucion de Banca Multiple's current Scaled Net Operating Assets is -0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIBanco Institucion de Banca Multiple stock overvalued right now?
CIBanco Institucion de Banca Multiple (MEX:SOMA21) has a current Scaled Net Operating Assets of -0.11. The current Scaled Net Operating Assets is -0.11. CIBanco Institucion de Banca Multiple's overall GF Score™ is 24/100. 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 CIBanco Institucion de Banca Multiple (MEX:SOMA21), the current Scaled Net Operating Assets is -0.11 as of Mar. 2024. 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.

CIBanco Institucion de Banca Multiple Business Description

Address Paseo De La Reforma 115, Piso 23, Lomas De Chapultepec, Mexico, MEX, 11000
CIBanco SA Institucion de Banca Multiple provides financial products and services. The company's services include investment management, investment services and wealth management.
24GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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