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Trust Bank (XGHA:TBL) Scaled Net Operating Assets : -0.19 (As of Dec. 2023)


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What is Trust Bank 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.

Trust Bank's operating assets for the quarter that ended in Dec. 2023 was GHS1,770.4 Mil. Trust Bank's operating liabilities for the quarter that ended in Dec. 2023 was GHS2,204.9 Mil. Trust Bank's Total Assets for the quarter that ended in Dec. 2022 was GHS2,271.7 Mil. Therefore, Trust Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.19.


Trust 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.

Trust Bank'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 )
=(1770.378-2204.896)/2271.742
=-0.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2499.394 - 729.016
=1770.378

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2206.118 - 1.222 - 0
=2204.896

Trust Bank'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: Dec. 2022 )
=(1770.378-2204.896)/2271.742
=-0.19

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2499.394 - 729.016
=1770.378

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2206.118 - 1.222 - 0
=2204.896

* 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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Trust Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-4 Ecowas Avenue, P.O. Box 1018, Banjul, GMB
Trust Bank Ltd is engaged in providing commercial banking services. Its activities include receiving deposits, provision of loans, a system of payments and clearing, dealing in financial instruments of the money market, foreign currencies exchange services, providing banking information, performing mortgage activities and others. The company's only reportable segment is the provision of banking and related services.