Insurance House PSC (ADX:IH) Scaled Net Operating Assets: -0.03 (As of Sep. 2023)

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ADX:IH Insurance House PSC ADX:IH
5 GF Score
Price د.إ1.66
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What is Insurance House PSC Scaled Net Operating Assets?

Insurance House PSC ADX:IH 5 Scaled Net Operating Assets is -0.03 as of Sep. 2023. GuruFocus rates ADX:IH with a GF Score™ of 5/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Insurance House PSC's operating assets for the quarter that ended in Sep. 2023 was د.إ219.4 Mil. Insurance House PSC's operating liabilities for the quarter that ended in Sep. 2023 was د.إ227.1 Mil. Insurance House PSC's Total Assets for the quarter that ended in Jun. 2023 was د.إ280.4 Mil. Therefore, Insurance House PSC's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was -0.03.

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Insurance House PSC ADX:IH
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Insurance House PSC 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.

Insurance House PSC'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 )
=(417.901-313.773)/385.659
=0.27

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=459.832 - 41.931
=417.901

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=313.773 - 0 - 0
=313.773

Insurance House PSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(219.369-227.103)/280.36
=-0.03

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=263.201 - 43.832
=219.369

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=227.103 - 0 - 0
=227.103

* 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.

What does a Scaled Net Operating Assets of -0.03 mean?
Insurance House PSC (ADX:IH) has a Scaled Net Operating Assets of -0.03 as of Sep. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Insurance House PSC and its competitors.
Is Insurance House PSC's Scaled Net Operating Assets too high?
Insurance House PSC's current Scaled Net Operating Assets is -0.03. Overall, Insurance House PSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Insurance House PSC's Scaled Net Operating Assets compare to BRK.A and AIG?
Insurance House PSC's Scaled Net Operating Assets of -0.03 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Insurance House PSC and its competitors. Insurance House PSC's current Scaled Net Operating Assets is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insurance House PSC stock overvalued right now?
Insurance House PSC (ADX:IH) has a current Scaled Net Operating Assets of -0.03. The current Scaled Net Operating Assets is -0.03. Insurance House PSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Insurance House PSC (ADX:IH), the current Scaled Net Operating Assets is -0.03 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Insurance House PSC Business Description

Address Finance House Building, Zayed 1st Street, P.O.Box 129921, Khalidiya Area, Abu Dhabi, ARE
Insurance House PSC provides various non-life insurance products in the United Arab Emirates. The products and services offered by the company include accidents and civil responsibility insurance, land, marine and air transportation, dangers insurance and health insurance. The company is organized into two business segments comprising Underwriting of general insurance business and Investments. Underwriting of general insurance business segment incorporates all classes of general insurance, fire, marine, motor, general accident and medical. Investments segment incorporates investments in UAE marketable equity securities, term deposits with banks, overseas managed portfolios, and other securities.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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