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Avangard Bank JSC (MIC:AVAN) Scaled Net Operating Assets : 0.03 (As of Dec. 2020)


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What is Avangard Bank JSC 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.

Avangard Bank JSC's operating assets for the quarter that ended in Dec. 2020 was ₽106,148 Mil. Avangard Bank JSC's operating liabilities for the quarter that ended in Dec. 2020 was ₽102,814 Mil. Avangard Bank JSC's Total Assets for the quarter that ended in Sep. 2020 was ₽124,972 Mil. Therefore, Avangard Bank JSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2020 was 0.03.


Avangard Bank JSC 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.

Avangard Bank JSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(106148.411-102814.269)/120053.105
=0.03

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=132702.225 - 26553.814
=106148.411

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=107706.214 - 4891.945 - 0
=102814.269

Avangard Bank JSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2020 )
=(Operating Assets (Q: Dec. 2020 )-Operating Liabilities (Q: Dec. 2020 ))/Total Assets (Q: Sep. 2020 )
=(106148.411-102814.269)/124972.386
=0.03

where

Operating Assets(Q: Dec. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=132702.225 - 26553.814
=106148.411

Operating Liabilities(Q: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=107706.214 - 4891.945 - 0
=102814.269

* 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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Avangard Bank JSC (MIC:AVAN) Business Description

Traded in Other Exchanges
N/A
Address
12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.