SBI Life Insurance Co (BOM:540719) Scaled Net Operating Assets : 0.03 (As of Sep. 2024)

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What is SBI Life Insurance Co 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.

SBI Life Insurance Co's operating assets for the quarter that ended in Sep. 2024 was ₹4,443,238 Mil. SBI Life Insurance Co's operating liabilities for the quarter that ended in Sep. 2024 was ₹4,322,383 Mil. SBI Life Insurance Co's Total Assets for the quarter that ended in Jun. 2024 was ₹4,226,675 Mil. Therefore, SBI Life Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.03.

SBI Life Insurance Co 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.

SBI Life Insurance Co'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 )
=	(3935581.805	-	3833902.488)	/	3145991.696
=	0.03

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3982988.094	-	47406.289
=	3935581.805

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3833902.488	-	0	-	0
=	3833902.488

SBI Life Insurance Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(4443238	-	4322383.1)	/	4226675.2
=	0.03

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4484974.5	-	41736.5
=	4443238

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4322383.1	-	0	-	0
=	4322383.1

* 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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SBI Life Insurance Co Business Description

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SBILIFE:India

Address

M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.sbilife.co.in

SBI Life Insurance Co Ltd is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment which includes endowment products, a variable insurance plan, an immediate annuity product, group protection products, and others.