Nobleoak Life (ASX:NOL) Scaled Net Operating Assets : 0.08 (As of Dec. 2023)

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What is Nobleoak Life 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.

Nobleoak Life's operating assets for the quarter that ended in Dec. 2023 was A$358.0 Mil. Nobleoak Life's operating liabilities for the quarter that ended in Dec. 2023 was A$332.1 Mil. Nobleoak Life's Total Assets for the quarter that ended in Jun. 2023 was A$341.6 Mil. Therefore, Nobleoak Life's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.08.

Nobleoak Life 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.

Nobleoak Life's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(291.139	-	215.881)	/	148.513
=	0.51

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	341.554	-	50.415
=	291.139

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	221.715	-	0	-	5.834
=	215.881

Nobleoak Life's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Jun. 2023 )
=	(357.963	-	332.126)	/	341.554
=	0.08

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	403.879	-	45.916
=	357.963

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	337.687	-	5.561	-	0
=	332.126

* 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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Nobleoak Life (ASX:NOL) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

44 Market Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.nobleoak.com.au

Nobleoak Life Ltd is a registered friendly society providing life insurance. Its insurance options include Life Insurance, Income Protection Insurance, Trauma Insurance, TPD Insurance, and Business Expenses Insurance. The company's segment includes Direct; Strategic Partnerships and Genus. It generates maximum revenue from the Direct segment.