GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercantile Bank PLC (DHA:MERCANBANK) » Definitions » Scaled Net Operating Assets

Mercantile Bank (DHA:MERCANBANK) Scaled Net Operating Assets : 0.07 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Mercantile 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.

Mercantile Bank's operating assets for the quarter that ended in Mar. 2024 was BDT391,404 Mil. Mercantile Bank's operating liabilities for the quarter that ended in Mar. 2024 was BDT362,214 Mil. Mercantile Bank's Total Assets for the quarter that ended in Dec. 2023 was BDT404,852 Mil. Therefore, Mercantile Bank's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.07.

Mercantile 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.

Mercantile 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 )
=(380699.883-369824.207)/384478.386
=0.03

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=404852.073 - 24152.19
=380699.883

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=378395.483 - 8571.276 - 0
=369824.207

Mercantile Bank's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(391404.148-362213.805)/404852.073
=0.07

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=416052.441 - 24648.293
=391404.148

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=388796.579 - 26582.774 - 0
=362213.805

* 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.

Mercantile Bank Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Mercantile Bank's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercantile Bank (DHA:MERCANBANK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mercantile Bank PLC (DHA:MERCANBANK) » Definitions » Scaled Net Operating Assets
Comparable Companies
DHA:EXIMBANK DHA:MTB DHA:NCCBANK DHA:PREMIERBAN DHA:RUPALIBANK DHA:UTTARABANK DHA:DHAKABANK DHA:JAMUNABANK DHA:SOUTHEASTB DHA:UCB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
61, Dilkusha Commercial Area, Dhaka, BGD, 1000
Website
https://www.mblbd.com
Mercantile Bank PLC is a commercial bank that engages in providing banking and financial services. It offers a range of services such as SME financing, Retail Banking, Corporate Banking, Foreign Trade, NRB banking, Treasury instruments services, and E-banking, among others. Its operating segments comprise Commercial Banking including Off-shore Banking Units, Islamic Banking Window Operations, Mercantile Bank Securities Limited; MBL Assets Managements Limited, and Mercantile Exchange House (UK) Ltd.