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HAYAH Insurance Co PJSC (ADX:HAYAH) Scaled Net Operating Assets : 0.18 (As of Dec. 2022)


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What is HAYAH 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.

HAYAH Insurance Co PJSC's operating assets for the quarter that ended in Dec. 2022 was د.إ94.94 Mil. HAYAH Insurance Co PJSC's operating liabilities for the quarter that ended in Dec. 2022 was د.إ62.76 Mil. HAYAH Insurance Co PJSC's Total Assets for the quarter that ended in Dec. 2021 was د.إ178.98 Mil. Therefore, HAYAH Insurance Co PJSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was 0.18.


HAYAH 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.

HAYAH Insurance Co PJSC'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 )
=(187.865-74.702)/184.152
=0.61

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=194.019 - 6.154
=187.865

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=74.702 - 0 - 0
=74.702

HAYAH Insurance Co PJSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2022 )
=(Operating Assets (Q: Dec. 2022 )-Operating Liabilities (Q: Dec. 2022 ))/Total Assets (Q: Dec. 2021 )
=(94.942-62.759)/178.982
=0.18

where

Operating Assets(Q: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=184.152 - 89.21
=94.942

Operating Liabilities(Q: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=62.759 - 0 - 0
=62.759

* 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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HAYAH Insurance Co PJSC (ADX:HAYAH) Business Description

Traded in Other Exchanges
N/A
Address
Corniche Road, Sheikh Sultan Bin Hamdan Building, 16th floor, P.O. Box 63323, Abu Dhabi, ARE
HAYAH Insurance Co PJSC is engaged in providing health and life insurance solutions. The company has two business operating segments; The medical insurance segment provides medical coverage to policyholders and The life insurance segment offers term life assurance products. The company also offers car, travel, home, and other insurance products.