Al Wathba National Insurance Co PJSC (ADX:AWNIC) Scaled Net Operating Assets : 0.47 (As of Dec. 2021)

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What is Al Wathba National Insurance Co PJSC 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.

Al Wathba National Insurance Co PJSC's operating assets for the quarter that ended in Dec. 2021 was د.إ1,368.5 Mil. Al Wathba National Insurance Co PJSC's operating liabilities for the quarter that ended in Dec. 2021 was د.إ512.9 Mil. Al Wathba National Insurance Co PJSC's Total Assets for the quarter that ended in Sep. 2021 was د.إ1,830.5 Mil. Therefore, Al Wathba National Insurance Co PJSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2021 was 0.47.

Al Wathba National Insurance Co PJSC 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.

Al Wathba National Insurance Co PJSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(1618.488	-	495.758)	/	1838.944
=	0.61

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1696.63	-	78.142
=	1618.488

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	704.701	-	208.943	-	0
=	495.758

Al Wathba National Insurance Co PJSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2021 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2021 )
=	(Operating Assets (Q: Dec. 2021 )	-	Operating Liabilities (Q: Dec. 2021 ))	/	Total Assets (Q: Sep. 2021 )
=	(1368.529	-	512.939)	/	1830.474
=	0.47

where

	Operating Assets		(Q: Dec. 2021 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1838.944	-	470.415
=	1368.529

	Operating Liabilities		(Q: Dec. 2021 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	865.42	-	352.481	-	0
=	512.939

* 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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Al Wathba National Insurance Co PJSC (ADX:AWNIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Wathba National Insurance Co PJSC (ADX:AWNIC) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Najda Street, Al Wathba National Insurance Building, P.O. Box 45154, Abu Dhabi, ARE

Website

https://www.awnic.com

Al Wathba National Insurance Co PJSC is an insurance company based in Abu Dhabi. The Company's principal activity is the writing of general insurance business of all classes. The company's operating segment includes Marine and Aviation; Fire and General Accident; Medical; Motor and Investments.