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Ecobank Transnational (NSA:ETI) Scaled Net Operating Assets : -0.09 (As of Dec. 2023)


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What is Ecobank Transnational 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.

Ecobank Transnational's operating assets for the quarter that ended in Dec. 2023 was ₦29,891,852 Mil. Ecobank Transnational's operating liabilities for the quarter that ended in Dec. 2023 was ₦33,191,115 Mil. Ecobank Transnational's Total Assets for the quarter that ended in Sep. 2023 was ₦37,821,768 Mil. Therefore, Ecobank Transnational's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.09.


Ecobank Transnational 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.

Ecobank Transnational'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 )
=(29891851.685-33191114.878)/41172289.07
=-0.08

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=38654037.108 - 8762185.423
=29891851.685

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36191926.139 - 3000811.261 - 0
=33191114.878

Ecobank Transnational's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(29891851.685-33191114.878)/37821768.067
=-0.09

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=38654037.108 - 8762185.423
=29891851.685

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36191926.139 - 3000811.261 - 0
=33191114.878

* 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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Ecobank Transnational (NSA:ETI) Business Description

Traded in Other Exchanges
Address
2365, Boulevard du Mono, Lome, TGO, 3261
Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Bank, Commercial banking, and Consumer. The company's Geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.