CB Bulgarian American Credit Bank AD (XBUL:BACB) Scaled Net Operating Assets : -0.18 (As of Mar. 2024)

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What is CB Bulgarian American Credit Bank AD 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.

CB Bulgarian American Credit Bank AD's operating assets for the quarter that ended in Mar. 2024 was лв2,014.4 Mil. CB Bulgarian American Credit Bank AD's operating liabilities for the quarter that ended in Mar. 2024 was лв2,530.9 Mil. CB Bulgarian American Credit Bank AD's Total Assets for the quarter that ended in Dec. 2023 was лв2,835.4 Mil. Therefore, CB Bulgarian American Credit Bank AD's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.18.

CB Bulgarian American Credit Bank 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.

CB Bulgarian American Credit Bank AD'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 )
=	(2002.972	-	2455.999)	/	2622.011
=	-0.17

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2835.393	-	832.421
=	2002.972

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2503.751	-	47.752	-	0
=	2455.999

CB Bulgarian American Credit Bank AD'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 )
=	(2014.425	-	2530.892)	/	2835.393
=	-0.18

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2917.676	-	903.251
=	2014.425

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2570.195	-	39.303	-	0
=	2530.892

* 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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CB Bulgarian American Credit Bank AD (XBUL:BACB) Business Description

Industry

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Traded in Other Exchanges

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Address

2 Slavyanska Street, Sofia, BGR, 1000

Website

https://www.bacb.bg

CB Bulgarian American Credit Bank AD is engaged in providing secured finance to small and medium-sized businesses in Bulgaria. The company offers a full range of banking products and services to individual and corporate clients. It also provides retail, mortgage, working capital, and investment loans, overdrafts, discount credits against claims, and letters of credit and limits for issuance of letters of credit, as well as engage in the taking over/guarantee of credit/bill of exchange liability of a juridical entity or a sole trader.