Thaire Life Assurance PCL (BKK:THREL) Scaled Net Operating Assets : 0.28 (As of Dec. 2023)

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What is Thaire Life Assurance PCL 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.

Thaire Life Assurance PCL's operating assets for the quarter that ended in Dec. 2023 was ฿2,157 Mil. Thaire Life Assurance PCL's operating liabilities for the quarter that ended in Dec. 2023 was ฿1,366 Mil. Thaire Life Assurance PCL's Total Assets for the quarter that ended in Sep. 2023 was ฿2,802 Mil. Therefore, Thaire Life Assurance PCL's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.28.

Thaire Life Assurance PCL 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.

Thaire Life Assurance PCL'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 )
=	(2724.394	-	1366.421)	/	2875.416
=	0.47

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2737.159	-	12.765
=	2724.394

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1369.281	-	2.305	-	0.555
=	1366.421

Thaire Life Assurance PCL'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: Sep. 2023 )
=	(2156.743	-	1366.421)	/	2802.488
=	0.28

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2737.159	-	580.416
=	2156.743

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1369.281	-	2.305	-	0.555
=	1366.421

* 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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Thaire Life Assurance PCL (BKK:THREL) Business Description

Industry

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Address

Ratchadapisek Road, No. 48/15 Soi Ratchadapisek 20, Samsennok Sub-district, Huaykwang District, Bangkok, THA, 10310

Website

https://www.thairelife.co.th

Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refer to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.