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Banco Nacional de Credito CA (CAR:BNC) Scaled Net Operating Assets : -0.26 (As of Dec. 2022)


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What is Banco Nacional de Credito CA 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.

Banco Nacional de Credito CA's operating assets for the quarter that ended in Dec. 2022 was VES8,421 Mil. Banco Nacional de Credito CA's operating liabilities for the quarter that ended in Dec. 2022 was VES13,706 Mil. Banco Nacional de Credito CA's Total Assets for the quarter that ended in Jun. 2022 was VES20,699 Mil. Therefore, Banco Nacional de Credito CA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was -0.26.


Banco Nacional de Credito CA 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.

Banco Nacional de Credito CA'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 )
=(12127.086-18547.221)/19340.374
=-0.33

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=25233.318 - 13106.232
=12127.086

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19929.683 - 1382.462 - 0
=18547.221

Banco Nacional de Credito CA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Jun. 2022 )
=(8421.38-13705.596)/20698.863
=-0.26

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=19340.374 - 10918.994
=8421.38

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14062.752 - 357.156 - 0
=13705.596

* 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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Banco Nacional de Credito CA (CAR:BNC) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Vollmer, Torre Sur del Centro Empresarial Caracas, Urbanizacion, San Bernardino, VEN, 1010
Banco Nacional de Credito CA operates as a commercial bank in Venezuela. The group's business objective is to provide financial intermediation which consists of the procurement of funds for the purpose of granting credits and it also invests in securities.