Progressive Life Insurance Co (DHA:PROGRESLIF) Scaled Net Operating Assets : (As of . 20)

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What is Progressive Life Insurance Co 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.

Progressive Life Insurance Co's operating assets for the quarter that ended in . 20 was BDT Mil. Progressive Life Insurance Co's operating liabilities for the quarter that ended in . 20 was BDT Mil. Progressive Life Insurance Co's Total Assets for the quarter that ended in . 20 was BDT Mil. Therefore, Progressive Life Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in . 20 was .

Progressive Life Insurance Co 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.

Progressive Life Insurance Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: . 20 )
=	(Operating Assets (A: . 20 )	-	Operating Liabilities (A: . 20 ))	/	Total Assets (A: . 20 )
=	(	-	)	/
=

where

	Operating Assets		(A: . 20 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=		-
=

	Operating Liabilities		(A: . 20 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=		-		-
=

Progressive Life Insurance Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in . 20 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: . 20 )
=	(Operating Assets (Q: . 20 )	-	Operating Liabilities (Q: . 20 ))	/	Total Assets (Q: . 20 )
=	(	-	)	/
=

where

	Operating Assets		(Q: . 20 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=		-
=

	Operating Liabilities		(Q: . 20 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=		-		-
=

* 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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Progressive Life Insurance Co (DHA:PROGRESLIF) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

National Scout Bhaban (4th,5th,6th,7th & 11th Floor), 70/1 Inner Circular Road, Kakrail, Dhaka, BGD, 1000

Website

http://www.progressivelife.com.bd

Progressive Life Insurance Co Ltd provides various life insurance products and services in Bangladesh. It is engaged in a different portfolio of traditional life insurance business i.e. Ordinary Life, Group Life including pension, health scheme, and micro life insurance business under names of Sujan Bima and Surrid Bima.