Nova Banka AD (XBLB:NOVB-R-E) Scaled Net Operating Assets: -0.01 (As of Dec. 2024)

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What is Nova Banka AD Scaled Net Operating Assets?

Nova Banka AD XBLB:NOVB-R-E Scaled Net Operating Assets is -0.01 as of Dec. 2024.

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

Nova Banka AD's operating assets for the quarter that ended in Dec. 2024 was BAM3,298.6 Mil. Nova Banka AD's operating liabilities for the quarter that ended in Dec. 2024 was BAM3,329.3 Mil. Nova Banka AD's Total Assets for the quarter that ended in Jun. 2024 was BAM2,879.9 Mil. Therefore, Nova Banka AD's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.01.

Nova Banka AD 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.

Nova Banka AD's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(3298.55-3329.332)/4072.143
=-0.01

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4304.564 - 1006.014
=3298.55

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3749.64 - 420.308 - 0
=3329.332

Nova Banka AD's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Jun. 2024 )
=(3298.55-3329.332)/2879.939
=-0.01

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4304.564 - 1006.014
=3298.55

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3749.64 - 420.308 - 0
=3329.332

* 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 -0.01 mean?
Nova Banka AD (XBLB:NOVB-R-E) has a Scaled Net Operating Assets of -0.01 as of Dec. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nova Banka AD and its competitors.
Is Nova Banka AD's Scaled Net Operating Assets too high?
Nova Banka AD's current Scaled Net Operating Assets is -0.01.
How does Nova Banka AD's Scaled Net Operating Assets compare to competitors?
Nova Banka AD's Scaled Net Operating Assets of -0.01 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 Nova Banka AD and its competitors. Nova Banka AD's current Scaled Net Operating Assets is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Banka AD stock overvalued right now?
Nova Banka AD (XBLB:NOVB-R-E) has a current Scaled Net Operating Assets of -0.01. The current Scaled Net Operating Assets is -0.01. 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 Nova Banka AD (XBLB:NOVB-R-E), the current Scaled Net Operating Assets is -0.01 as of Dec. 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.

Nova Banka AD Business Description

Address 37A Kralja Alfonsa XIII Street, Banja Luka, BIH, 78 000
Nova Banka AD is engaged in providing banking services. The services include loans, documentary work, deposits and savings, payment transactions and money transfers, and currency exchange transactions. The bank also provides non-banking activities such as broker operations, custody operations, factoring, and forfeiting. Its operating segments include Corporate, Retail, Financial market, and others.