JB Financial Group Co (XKRX:175330) Scaled Net Operating Assets : 0.27 (As of Sep. 2024)

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What is JB Financial Group Co 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.

JB Financial Group Co's operating assets for the quarter that ended in Sep. 2024 was ₩63,424,580 Mil. JB Financial Group Co's operating liabilities for the quarter that ended in Sep. 2024 was ₩45,434,592 Mil. JB Financial Group Co's Total Assets for the quarter that ended in Jun. 2024 was ₩65,712,222 Mil. Therefore, JB Financial Group Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.27.

JB Financial Group Co 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.

JB Financial Group Co'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 )
=	(61501195	-	44721965)	/	59828165
=	0.28

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	63403970	-	1902775
=	61501195

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	58288020	-	13566055	-	0
=	44721965

JB Financial Group Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(63424580	-	45434592)	/	65712222
=	0.27

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	65517337	-	2092757
=	63424580

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	60032474	-	14597882	-	0
=	45434592

* 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.

JB Financial Group Co Scaled Net Operating Assets Related Terms

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JB Financial Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JB Financial Group Co Ltd (XKRX:175330) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

566 Baekje-daero (669-2, Geumam-dong), Deokjin-gu, Jeollabuk-do, Jeonju, KOR, 561-711

Website

https://www.jbfg.com

JB Financial Group Co Ltd provides retail banking services through its subsidiaries in South Korea. The company derives all revenue domestically through three main segments: banking, capital, and asset management. Banking is the largest segment and offers retail banking, wealth management, insurance, deposits, loans, credit cards, foreign exchange, safe deposits, and Internet banking. Capital is the next largest source of bank revenue and offers services including currency exchange and marketable securities. The asset management segment provides services to the energy and resources of fund markets.