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Jubilee Life Insurance Co (KAR:JLICL) Scaled Net Operating Assets : -0.06 (As of Dec. 2024)


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What is Jubilee Life Insurance Co 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.

Jubilee Life Insurance Co's operating assets for the quarter that ended in Dec. 2024 was ₨204,814 Mil. Jubilee Life Insurance Co's operating liabilities for the quarter that ended in Dec. 2024 was ₨218,311 Mil. Jubilee Life Insurance Co's Total Assets for the quarter that ended in Sep. 2024 was ₨223,774 Mil. Therefore, Jubilee Life Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.06.


Jubilee Life Insurance Co 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.

Jubilee Life Insurance Co'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 )
=(232827.635-218310.69)/205490.272
=0.07

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=236764.098 - 3936.463
=232827.635

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=219430.115 - 815.775 - 303.65
=218310.69

Jubilee Life Insurance Co'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 )
=(204814.366-218310.69)/223773.678
=-0.06

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=236764.098 - 31949.732
=204814.366

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=219430.115 - 815.775 - 303.65
=218310.69

* 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.


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Jubilee Life Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 74/1- A, Lalazar, Jubilee Life Insurance Building, Karachi, SD, PAK, 74000
Jubilee Life Insurance Co Ltd is a company that provides life insurance services. It offers non-participating policies and operates through seven segments, including Individual Life Unit Linked, Conventional Business, Accident & Health Business, Overseas Group Life & Health Business, Individual Family Takafu, Group Family Takaful, and Accident & Health Family Takaful. The company generates most of its revenue from the Individual Life Unit Linked segment. These policies are mainly regular premium unit-linked policies that are determined based on the underlying assets' value.