Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Scaled Net Operating Assets : 0.04 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Dubai National Insurance & Reinsurance PSC 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.

Dubai National Insurance & Reinsurance PSC's operating assets for the quarter that ended in Mar. 2024 was د.إ322.5 Mil. Dubai National Insurance & Reinsurance PSC's operating liabilities for the quarter that ended in Mar. 2024 was د.إ284.9 Mil. Dubai National Insurance & Reinsurance PSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ977.8 Mil. Therefore, Dubai National Insurance & Reinsurance PSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.04.

Dubai National Insurance & Reinsurance PSC 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.

Dubai National Insurance & Reinsurance PSC'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 )
=	(777.191	-	255.15)	/	965.113
=	0.54

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	977.805	-	200.614
=	777.191

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	255.15	-	0	-	0
=	255.15

Dubai National Insurance & Reinsurance PSC'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 )
=	(322.492	-	284.926)	/	977.805
=	0.04

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1027.607	-	705.115
=	322.492

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	284.926	-	0	-	0
=	284.926

* 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.

Dubai National Insurance & Reinsurance PSC Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Dubai National Insurance & Reinsurance PSC's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dubai National Insurance & Reinsurance PSC (DFM:DNIR) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE

Website

https://www.dni.ae

Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.