ABSA Bank Kenya (NAI:ABSA) Scaled Net Operating Assets : 0.09 (As of Mar. 2024)

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What is ABSA Bank Kenya 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.

ABSA Bank Kenya's operating assets for the quarter that ended in Mar. 2024 was KES464,592 Mil. ABSA Bank Kenya's operating liabilities for the quarter that ended in Mar. 2024 was KES418,731 Mil. ABSA Bank Kenya's Total Assets for the quarter that ended in Dec. 2023 was KES519,795 Mil. Therefore, ABSA Bank Kenya's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.09.

ABSA Bank Kenya 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.

ABSA Bank Kenya'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 )
=	(489298	-	424667)	/	477234
=	0.14

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	519795	-	30497
=	489298

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	450600	-	25933	-	0
=	424667

ABSA Bank Kenya'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 )
=	(464592.083	-	418730.712)	/	519795
=	0.09

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	497676.008	-	33083.925
=	464592.083

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	422652.616	-	3921.904	-	0
=	418730.712

* 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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ABSA Bank Kenya (NAI:ABSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABSA Bank Kenya PLC (NAI:ABSA) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

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Address

Waiyaki Way, P.O. Box 30120, Nairobi, KEN, 00100

Website

https://www.absabank.co.ke

ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions, and government clients.