Conduit Capital (JSE:CND) Scaled Net Operating Assets: -0.32 (As of Jun. 2022)

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What is Conduit Capital Scaled Net Operating Assets?

Conduit Capital JSE:CND Scaled Net Operating Assets is -0.32 as of Jun. 2022.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Conduit Capital's operating assets for the quarter that ended in Jun. 2022 was R1,084 Mil. Conduit Capital's operating liabilities for the quarter that ended in Jun. 2022 was R1,558 Mil. Conduit Capital's Total Assets for the quarter that ended in Dec. 2021 was R1,463 Mil. Therefore, Conduit Capital's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2022 was -0.32.

Conduit Capital 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.

Conduit Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2022 )
=(Operating Assets (A: Jun. 2022 )-Operating Liabilities (A: Jun. 2022 ))/Total Assets (A: Jun. 2021 )
=(1083.716-1557.766)/1408.844
=-0.34

where

Operating Assets(A: Jun. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1320.793 - 237.077
=1083.716

Operating Liabilities(A: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1620.462 - 45.748 - 16.948
=1557.766

Conduit Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2022 )
=(Operating Assets (Q: Jun. 2022 )-Operating Liabilities (Q: Jun. 2022 ))/Total Assets (Q: Dec. 2021 )
=(1083.716-1557.766)/1463.231
=-0.32

where

Operating Assets(Q: Jun. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1320.793 - 237.077
=1083.716

Operating Liabilities(Q: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1620.462 - 45.748 - 16.948
=1557.766

* 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.

What does a Scaled Net Operating Assets of -0.32 mean?
Conduit Capital (JSE:CND) has a Scaled Net Operating Assets of -0.32 as of Jun. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Conduit Capital and its competitors.
Is Conduit Capital's Scaled Net Operating Assets too high?
Conduit Capital's current Scaled Net Operating Assets is -0.32.
How does Conduit Capital's Scaled Net Operating Assets compare to BRK.A and AIG?
Conduit Capital's Scaled Net Operating Assets of -0.32 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Conduit Capital and its competitors. Conduit Capital's current Scaled Net Operating Assets is -0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conduit Capital stock overvalued right now?
Conduit Capital (JSE:CND) has a current Scaled Net Operating Assets of -0.32. The current Scaled Net Operating Assets is -0.32. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Conduit Capital (JSE:CND), the current Scaled Net Operating Assets is -0.32 as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conduit Capital Business Description

Address 67 Carlisle Street, Paardeneiland, Cape Town, WC, ZAF, 7405
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. The company serves in two segments: Insurance and Risk, and Investment. The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, Motor, and others.