Primorye Commercial Bank PJSC (MIC:PRMB) Scaled Net Operating Assets: 0.04 (As of Sep. 2023)


MIC:PRMB Primorye Commercial Bank PJSC MIC:PRMB
17 GF Score
Price ₽19,200.00
View Full Analysis

What is Primorye Commercial Bank PJSC Scaled Net Operating Assets?

Primorye Commercial Bank PJSC MIC:PRMB -1.03% 17 Scaled Net Operating Assets is 0.04 as of Sep. 2023. GuruFocus rates MIC:PRMB with a GF Score™ of 17/100.

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

Primorye Commercial Bank PJSC's operating assets for the quarter that ended in Sep. 2023 was ₽65,850 Mil. Primorye Commercial Bank PJSC's operating liabilities for the quarter that ended in Sep. 2023 was ₽63,424 Mil. Primorye Commercial Bank PJSC's Total Assets for the quarter that ended in Mar. 2023 was ₽64,584 Mil. Therefore, Primorye Commercial Bank PJSC's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.04.

MIC:PRMB
17GF Score
Primorye Commercial Bank PJSC MIC:PRMB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primorye Commercial Bank PJSC 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.

Primorye Commercial Bank PJSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(50500.658-46295.628)/40336.124
=0.10

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=53991.84 - 3491.182
=50500.658

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=46316.462 - 20.834 - 0
=46295.628

Primorye Commercial Bank PJSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Mar. 2023 )
=(65849.525-63424.317)/64583.761
=0.04

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=71631.307 - 5781.782
=65849.525

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=63862.706 - 438.389 - 0
=63424.317

* 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 0.04 mean?
Primorye Commercial Bank PJSC (MIC:PRMB) has a Scaled Net Operating Assets of 0.04 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Primorye Commercial Bank PJSC and its competitors.
Is Primorye Commercial Bank PJSC's Scaled Net Operating Assets too high?
Primorye Commercial Bank PJSC's current Scaled Net Operating Assets is 0.04. Overall, Primorye Commercial Bank PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Primorye Commercial Bank PJSC's Scaled Net Operating Assets compare to USB and PNC?
Primorye Commercial Bank PJSC's Scaled Net Operating Assets of 0.04 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 Primorye Commercial Bank PJSC and its competitors. Primorye Commercial Bank PJSC's current Scaled Net Operating Assets is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primorye Commercial Bank PJSC stock overvalued right now?
Primorye Commercial Bank PJSC (MIC:PRMB) has a current Scaled Net Operating Assets of 0.04. The current Scaled Net Operating Assets is 0.04. Primorye Commercial Bank PJSC's overall GF Score™ is 17/100. 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 Primorye Commercial Bank PJSC (MIC:PRMB), the current Scaled Net Operating Assets is 0.04 as of Sep. 2023. 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.

Primorye Commercial Bank PJSC Business Description

Address Street Svetlanskaya, d. 47, Vladivostok, RUS, 690091
Primorye Commercial Bank PJSC formerly Primorye PJSCB offers individual and corporate clients with crediting, securities operations, cash and non-cash money transfers, currency exchange, plastic cards and deposits. It also provides financial and banking services for non-resident banks.
17GF Score

Get the complete analysis for MIC:PRMB

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

₽19,200.00
Price