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


XGHA:TBL Trust Bank Ltd XGHA:TBL
13 GF Score
Price GHS1.20
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What is Trust Bank Scaled Net Operating Assets?

Trust Bank XGHA:TBL 13 Scaled Net Operating Assets is -0.19 as of Dec. 2023. GuruFocus rates XGHA:TBL with a GF Score™ of 13/100.

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 GHS1,280.9 Mil. Trust Bank's operating liabilities for the quarter that ended in Dec. 2023 was GHS1,595.3 Mil. Trust Bank's Total Assets for the quarter that ended in Dec. 2022 was GHS1,643.7 Mil. Therefore, Trust Bank's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.19.

XGHA:TBL
13GF Score
Trust Bank Ltd XGHA:TBL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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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 )
=(1280.945-1595.338)/1643.704
=-0.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1808.42 - 527.475
=1280.945

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1596.222 - 0.884 - 0
=1595.338

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 )
=(1280.945-1595.338)/1643.704
=-0.19

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1808.42 - 527.475
=1280.945

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1596.222 - 0.884 - 0
=1595.338

* 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 -0.19 mean?
Trust Bank (XGHA:TBL) has a Scaled Net Operating Assets of -0.19 as of Dec. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Trust Bank and its competitors.
Is Trust Bank's Scaled Net Operating Assets too high?
Trust Bank's current Scaled Net Operating Assets is -0.19. Overall, Trust Bank has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Trust Bank's Scaled Net Operating Assets compare to PNC and USB?
Trust Bank's Scaled Net Operating Assets of -0.19 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 Trust Bank and its competitors. Trust Bank's current Scaled Net Operating Assets is -0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trust Bank stock overvalued right now?
Trust Bank (XGHA:TBL) has a current Scaled Net Operating Assets of -0.19. The current Scaled Net Operating Assets is -0.19. Trust Bank's overall GF Score™ is 13/100. 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 Trust Bank (XGHA:TBL), the current Scaled Net Operating Assets is -0.19 as of Dec. 2023. 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.

Trust Bank Business Description

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.
13GF 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.

GHS1.20
Price