Agricultural Development Bank (XGHA:ADB) Scaled Net Operating Assets: -0.34 (As of Mar. 2026)


XGHA:ADB Agricultural Development Bank Ltd XGHA:ADB
64 GF Score
Price GHS5.30
GF Value GHS3.98
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Agricultural Development Bank Scaled Net Operating Assets?

Agricultural Development Bank XGHA:ADB 64 Scaled Net Operating Assets is -0.34 as of Mar. 2026. GuruFocus rates XGHA:ADB with a GF Score™ of 64/100 and a GF Value™ of GHS3.98 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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

Agricultural Development Bank's operating assets for the quarter that ended in Mar. 2026 was GHS9,337 Mil. Agricultural Development Bank's operating liabilities for the quarter that ended in Mar. 2026 was GHS15,433 Mil. Agricultural Development Bank's Total Assets for the quarter that ended in Dec. 2025 was GHS17,888 Mil. Therefore, Agricultural Development Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.34.

XGHA:ADB
64GF Score
Agricultural Development Bank Ltd XGHA:ADB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Agricultural Development Bank 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.

Agricultural Development Bank's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(7950.038-13827.16)/14604.777
=-0.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=17887.521 - 9937.483
=7950.038

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15409.682 - 1582.522 - 0
=13827.16

Agricultural Development Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(9336.897-15432.605)/17887.521
=-0.34

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=19441.964 - 10105.067
=9336.897

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16862.635 - 1430.03 - 0
=15432.605

* 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 -0.34 mean?
Agricultural Development Bank (XGHA:ADB) has a Scaled Net Operating Assets of -0.34 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Agricultural Development Bank and its competitors.
Is Agricultural Development Bank's Scaled Net Operating Assets too high?
Agricultural Development Bank's current Scaled Net Operating Assets is -0.34. Overall, Agricultural Development Bank has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Agricultural Development Bank's Scaled Net Operating Assets compare to PNC?
Agricultural Development Bank's Scaled Net Operating Assets of -0.34 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 Agricultural Development Bank and its competitors. Agricultural Development Bank's current Scaled Net Operating Assets is -0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agricultural Development Bank stock overvalued right now?
Based on GuruFocus' analysis, Agricultural Development Bank (XGHA:ADB) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS3.98, compared to a current price of GHS5.30 — trading 33.2% above its estimated fair value. The current Scaled Net Operating Assets is -0.34. Agricultural Development Bank's overall GF Score™ is 64/100 with 5 warning signs to review. 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 Agricultural Development Bank (XGHA:ADB), the current Scaled Net Operating Assets is -0.34 as of Mar. 2026. 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.

Is Agricultural Development Bank (XGHA:ADB) Overvalued in 2026?

Based on GuruFocus' analysis, Agricultural Development Bank stock appears to be overvalued. The current stock price of GHS5.30 is trading 33.2% above its estimated GF Value™ of GHS3.98. GuruFocus considers Agricultural Development Bank to be Significantly Overvalued.

Key valuation signals for XGHA:ADB:

  • Scaled Net Operating Assets: -0.34
  • GF Value™: GHS3.98 vs. price of GHS5.30 (33.2% above fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the XGHA:ADB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Agricultural Development Bank Business Description

Address Accra Financial Centre, P.O. Box 4191, Ridge-Accra, 3rd Ambassadorial Development Area, Accra, GHA
Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services in Consumer, Corporate, Parastatals/Public Sector, SME, Agribusiness, Trade and E-Banking services. Its business focus is universal banking with a developmental focus on Agriculture and more. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasury. The majority of revenue is derived from the Retail Banking segment, which focuses on high-volume, standardized financial products and services such as loans and advances, deposits and other transactions with retail customers. Geographically, all revenues are generated in Ghana.
64GF 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.

GHS5.30
Price
GHS3.98
GF Value