National Takaful Co (Watania) PJSC (ADX:WATANIA) Scaled Net Operating Assets: -0.07 (As of Dec. 2021)

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ADX:WATANIA National Takaful Co (Watania) PJSC ADX:WATANIA
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What is National Takaful Co (Watania) PJSC Scaled Net Operating Assets?

National Takaful Co (Watania) PJSC ADX:WATANIA 5 Scaled Net Operating Assets is -0.07 as of Dec. 2021. GuruFocus rates ADX:WATANIA 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.

National Takaful Co (Watania) PJSC's operating assets for the quarter that ended in Dec. 2021 was د.إ360.8 Mil. National Takaful Co (Watania) PJSC's operating liabilities for the quarter that ended in Dec. 2021 was د.إ395.4 Mil. National Takaful Co (Watania) PJSC's Total Assets for the quarter that ended in Sep. 2021 was د.إ503.4 Mil. Therefore, National Takaful Co (Watania) PJSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2021 was -0.07.

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National Takaful Co (Watania) 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.

National Takaful Co (Watania) PJSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(459.663-395.387)/516.293
=0.12

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=511.322 - 51.659
=459.663

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=399.626 - 4.239 - 0
=395.387

National Takaful Co (Watania) 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 )
=(360.757-395.387)/503.409
=-0.07

where

Operating Assets(Q: Dec. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=511.322 - 150.565
=360.757

Operating Liabilities(Q: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=399.626 - 4.239 - 0
=395.387

* 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 -0.07 mean?
National Takaful Co (Watania) PJSC (ADX:WATANIA) has a Scaled Net Operating Assets of -0.07 as of Dec. 2021. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on National Takaful Co (Watania) PJSC and its competitors.
Is National Takaful Co (Watania) PJSC's Scaled Net Operating Assets too high?
National Takaful Co (Watania) PJSC's current Scaled Net Operating Assets is -0.07. Overall, National Takaful Co (Watania) PJSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does National Takaful Co (Watania) PJSC's Scaled Net Operating Assets compare to BRK.A and AIG?
National Takaful Co (Watania) PJSC's Scaled Net Operating Assets of -0.07 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 National Takaful Co (Watania) PJSC and its competitors. National Takaful Co (Watania) PJSC's current Scaled Net Operating Assets is -0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Takaful Co (Watania) PJSC stock overvalued right now?
National Takaful Co (Watania) PJSC (ADX:WATANIA) has a current Scaled Net Operating Assets of -0.07. The current Scaled Net Operating Assets is -0.07. National Takaful Co (Watania) PJSC'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 National Takaful Co (Watania) PJSC (ADX:WATANIA), the current Scaled Net Operating Assets is -0.07 as of Dec. 2021. 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.

National Takaful Co (Watania) PJSC Business Description

Address Al Muroor Road (4th Street), Al Jazira Sports Complex, P.O. Box 6457, 4th Floor, Tower A, Opposite to Dusit Thani Hotel, Abu Dhabi, ARE
National Takaful Co (Watania) PJSC is primarily engaged in providing all classes of non-family takaful solutions. The company underwrites mainly medical, property, engineering, motor, miscellaneous accident, marine and personal accident classes. The segments of the company are Medical and Non-Medical. The company operates its business in the United States of Emirates.
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