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Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Scaled Net Operating Assets : 0.16 (As of Dec. 2024)


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What is Bahrain Kuwait Insurance Co BSC 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.

Bahrain Kuwait Insurance Co BSC's operating assets for the quarter that ended in Dec. 2024 was BHD170.52 Mil. Bahrain Kuwait Insurance Co BSC's operating liabilities for the quarter that ended in Dec. 2024 was BHD138.78 Mil. Bahrain Kuwait Insurance Co BSC's Total Assets for the quarter that ended in Sep. 2024 was BHD192.87 Mil. Therefore, Bahrain Kuwait Insurance Co BSC's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.16.


Bahrain Kuwait Insurance Co BSC 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.

Bahrain Kuwait Insurance Co BSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(170.521-138.778)/171.471
=0.19

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=186.017 - 15.496
=170.521

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=138.995 - 0 - 0.217
=138.778

Bahrain Kuwait Insurance Co BSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(170.521-138.778)/192.87
=0.16

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=186.017 - 15.496
=170.521

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=138.995 - 0 - 0.217
=138.778

* 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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Bahrain Kuwait Insurance Co BSC Business Description

Traded in Other Exchanges
N/A
Address
BKIC Tower 2775, Road 2835, PO Box 10166, Block 428, Seef District, Manama, BHR
Bahrain Kuwait Insurance Co BSC is a Bahrain-based insurance company. The operating segments of the company is Marine and general, Motor, Medical, and Life. Marine and general offers insurance policies to cover various risks of fire, general accident and engineering, group life, marine cargo, marine hull and marine aviation and special contingency; Motor offers insurance policies to cover risks of a motor third party, motor comprehensive and extended warranty; Medical offers insurance policies to cover risks of medical; and Life offers insurance policies to cover risks of group life, education, protection and savings.