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National Life Insurance (DHA:NATLIFEINS) Scaled Net Operating Assets : -0.32 (As of Sep. 2024)


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What is National Life 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.

National Life Insurance's operating assets for the quarter that ended in Sep. 2024 was BDT42,893 Mil. National Life Insurance's operating liabilities for the quarter that ended in Sep. 2024 was BDT63,083 Mil. National Life Insurance's Total Assets for the quarter that ended in Jun. 2024 was BDT63,426 Mil. Therefore, National Life Insurance's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.32.


National Life 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.

National Life Insurance'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 )
=(38225.366-59381.269)/55732.111
=-0.38

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=61090.002 - 22864.636
=38225.366

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=59534.626 - 153.357 - 0
=59381.269

National Life Insurance'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 )
=(42893.357-63082.928)/63425.761
=-0.32

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=64678.02 - 21784.663
=42893.357

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=63082.928 - 0 - 0
=63082.928

* 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.


National Life Insurance Scaled Net Operating Assets Related Terms

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National Life Insurance Business Description

Traded in Other Exchanges
N/A
Address
Kazi Nazrul Islam Avenue, Karwan Bazar, N.L.I. Tower, 54, Dhaka, BGD, 1215
National Life Insurance PLC, formerly National Life Insurance Co Ltd is a private sector indigenous life insurance company. It provides multifarious life assurance products that cater to the aspirations and needs as well as the religious beliefs of the clients. The company operates through the following divisions based on the type of insurance products offered; Individual Life Insurance, Group Life Insurance, Bangabandhu Shikkha Bima, Personal Accidental Insurance and Bancassurance. It generates maximum revenue from the Ordinary Life Insurance business.