LOLC General Insurance (COL:LGIL.N0000) Scaled Net Operating Assets : (As of . 20)

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What is LOLC General Insurance 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.

LOLC General Insurance's operating assets for the quarter that ended in . 20 was රු Mil. LOLC General Insurance's operating liabilities for the quarter that ended in . 20 was රු Mil. LOLC General Insurance's Total Assets for the quarter that ended in . 20 was රු Mil. Therefore, LOLC General Insurance's scaled net operating assets (SNOA) for the quarter that ended in . 20 was .

LOLC General Insurance 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.

LOLC General Insurance's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: . 20 )
=	(Operating Assets (A: . 20 )	-	Operating Liabilities (A: . 20 ))	/	Total Assets (A: . 20 )
=	(	-	)	/
=

where

	Operating Assets		(A: . 20 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=		-
=

	Operating Liabilities		(A: . 20 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=		-		-
=

LOLC General Insurance's Scaled Net Operating Assets (SNOA) for the quarter that ended in . 20 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: . 20 )
=	(Operating Assets (Q: . 20 )	-	Operating Liabilities (Q: . 20 ))	/	Total Assets (Q: . 20 )
=	(	-	)	/
=

where

	Operating Assets		(Q: . 20 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=		-
=

	Operating Liabilities		(Q: . 20 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=		-		-
=

* 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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LOLC General Insurance Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

No.481,T B Jayah Mawatha, Colombo, LKA, 10

Website

https://www.lolcgeneral.com

LOLC General Insurance PLC is engaged in providing insurance. Its offerings include Motor Insurance, Engineering Insurance, Shop Insurance, Title Insurance, Marine Cargo, and Miscellaneous Insurance, among other products. The operating segments of the group are Motor and Non-Motor. The motor insurance segment involves the coverage for motor vehicles against loss or damage caused by accidents, fire and theft and legal liability to third parties in the event of physical injuries or property damage.