Max Financial Services (BOM:500271) Scaled Net Operating Assets : N/A (As of Mar. 2024)

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What is Max Financial Services 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.

Max Financial Services's operating assets for the quarter that ended in Mar. 2024 was ₹1,619,154 Mil. Max Financial Services's operating liabilities for the quarter that ended in Mar. 2024 was ₹1,578,814 Mil. Max Financial Services's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil. Therefore, Max Financial Services's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was N/A.

Max Financial Services 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.

Max Financial Services's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(1619153.6	-	1578813.7)	/	1318237.8
=	0.03

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1627734.8	-	8581.2
=	1619153.6

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1584039.4	-	5225.7	-	0
=	1578813.7

Max Financial Services's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(1619153.6	-	1578813.7)	/	0
=	N/A

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1627734.8	-	8581.2
=	1619153.6

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1584039.4	-	5225.7	-	0
=	1578813.7

* 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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Max Financial Services (BOM:500271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Max Financial Services Ltd (BOM:500271) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

MFSL:India

Address

L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301

Website

https://www.maxfinancialservices.com

Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.