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FBC Holdings (XZIM:FBC.ZW) Scaled Net Operating Assets : 0.25 (As of Dec. 2023)


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What is FBC Holdings 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.

FBC Holdings's operating assets for the quarter that ended in Dec. 2023 was ZWL2,580,687 Mil. FBC Holdings's operating liabilities for the quarter that ended in Dec. 2023 was ZWL1,858,391 Mil. FBC Holdings's Total Assets for the quarter that ended in Jun. 2023 was ZWL2,930,338 Mil. Therefore, FBC Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.25.


FBC Holdings 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.

FBC Holdings'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 )
=(2580686.627-1858390.734)/335377.38
=2.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3393891.91 - 813205.283
=2580686.627

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2688013.578 - 829622.844 - 0
=1858390.734

FBC Holdings'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: Jun. 2023 )
=(2580686.627-1858390.734)/2930337.528
=0.25

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=3393891.91 - 813205.283
=2580686.627

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2688013.578 - 829622.844 - 0
=1858390.734

* 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.


FBC Holdings Scaled Net Operating Assets Related Terms

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FBC Holdings (XZIM:FBC.ZW) Business Description

Traded in Other Exchanges
N/A
Address
45 Nelson Mandela Avenue, 6th Floor, FBC Centre, P.O. Box 1227, Harare, ZWE
FBC Holdings Ltd is an investment holding company. The company through its subsidiaries operates its six segments namely Commercial banking, Microlending, Mortgage financing, Short-term reinsurance, Short-term insurance, and stockbroking. The commercial banking segment consists of dealing in the money and foreign exchange markets, retail, corporate and international banking, and corporate finance. The Mortgage financing segment consists of housing development, mortgage lending, savings deposit accounts, and other money market investment products. It earns maximum revenue from its commercial banking segment.