Takaful Al Emarat (DFM:TAKAFUL-EM) Scaled Net Operating Assets : -0.15 (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Takaful Al Emarat 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.

Takaful Al Emarat's operating assets for the quarter that ended in Sep. 2024 was د.إ701.1 Mil. Takaful Al Emarat's operating liabilities for the quarter that ended in Sep. 2024 was د.إ813.4 Mil. Takaful Al Emarat's Total Assets for the quarter that ended in Jun. 2024 was د.إ774.2 Mil. Therefore, Takaful Al Emarat's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.15.

Takaful Al Emarat 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.

Takaful Al Emarat'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 )
=	(601.443	-	703.726)	/	560.977
=	-0.18

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	664.074	-	62.631
=	601.443

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	703.726	-	0	-	0
=	703.726

Takaful Al Emarat'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 )
=	(701.11	-	813.384)	/	774.161
=	-0.15

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	769.661	-	68.551
=	701.11

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	813.384	-	0	-	0
=	813.384

* 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.

Takaful Al Emarat Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Takaful Al Emarat's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Takaful Al Emarat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Takaful Al Emarat (DFM:TAKAFUL-EM) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, 8th Floor, Al Moosa Tower 2, P.O. Box No. 57589, Umm Al Sheif, Oud Metha, Dubai, ARE

Website

https://www.takafulemarat.com

Takaful Al Emarat is engaged in providing insurance business in the United Arab Emirates. The company provides health insurance, life insurance, and credit and saving insurance. Under personal insurance, it provides level term plans, a decreasing term plan, takaful growth plan, whole life plan, educational plan, wealth plan, and Travel protection plan. Its segments are organized in takaful operations that include takaful business and investment operations consist of investments and cash management for the company.