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People's Insurance (COL:PINS.N0000) Scaled Net Operating Assets : 0.42 (As of Dec. 2024)


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What is People's 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.

People's Insurance's operating assets for the quarter that ended in Dec. 2024 was රු12,012 Mil. People's Insurance's operating liabilities for the quarter that ended in Dec. 2024 was රු6,689 Mil. People's Insurance's Total Assets for the quarter that ended in Sep. 2024 was රු12,666 Mil. Therefore, People's Insurance's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.42.

People's 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.

People's Insurance'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 )
=(12534.377-6689.067)/12144.229
=0.48

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12689.455 - 155.078
=12534.377

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7051.544 - 264.383 - 98.094
=6689.067

People's Insurance'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 )
=(12011.906-6689.067)/12665.882
=0.42

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12689.455 - 677.549
=12011.906

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7051.544 - 264.383 - 98.094
=6689.067

* 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.

People's Insurance Scaled Net Operating Assets Related Terms

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People's Insurance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » People's Insurance PLC (COL:PINS.N0000) » Definitions » Scaled Net Operating Assets
Comparable Companies
COL:JINS.N0000 COL:AAIC.N0000 PGR CB TSE:8766 TRV ALL HKSE:02328 HKSE:01339 TSX:IFC TSE:8725 HIG TSX:FFH TSE:8630 WRB MKL CINF ASX:QBE L CNA
Traded in Other Exchanges
N/A
Address
Havelock Road, Number 07, Colombo, LKA, 05
Website
https://www.peoplesinsurance.lk
People's Insurance PLC operates as a non-life insurance provider. The principal activity of the company is carrying out non-life (general) insurance business for both individual and corporate customers. It operates through Motor, Marine, Fire, and Miscellaneous insurance segments. Motor insurance generates a majority of the revenue for a firm which consists of cover for motor vehicles against loss or damage caused by accidents, fire and theft and legal liability to third parties in the event of bodily injuries or property damage.