United Insurance Company of Pakistan (KAR:UNIC) Scaled Net Operating Assets: (As of . 20)


What is United Insurance Company of Pakistan 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.

United Insurance Company of Pakistan's operating assets for the quarter that ended in . 20 was ₨ Mil. United Insurance Company of Pakistan's operating liabilities for the quarter that ended in . 20 was ₨ Mil. United Insurance Company of Pakistan's Total Assets for the quarter that ended in . 20 was ₨ Mil. Therefore, United Insurance Company of Pakistan's scaled net operating assets (SNOA) for the quarter that ended in . 20 was .


United Insurance Company of Pakistan 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.

United Insurance Company of Pakistan's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

United Insurance Company of Pakistan's Scaled Net Operating Assets (SNOA) for the quarter that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(Q: . 20 )
=(Operating Assets (Q: . 20 )-Operating Liabilities (Q: . 20 ))/Total Assets (Q: . 20 )
=(-)/
=

where

Operating Assets(Q: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

* 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.


United Insurance Company of Pakistan Business Description

Address 1 Upper Mall, UIG House, Lahore, PAK
United Insurance Company of Pakistan Ltd is engaged in the general insurance business in Pakistan. It operates through the segments of: Fire & Property Damage segment, which provides insurance products against fire, lightning, riot, strike, and malicious. The Marine, Aviation, & Transport segment offers marine cargo insurance and coverage for ocean-going vessels. The Motor segment provides insurance for accidental external means: riots, strikes, malicious damages, fire, and theft. The Crop segment provides financial protection against natural disasters and insect/pest attacks on standing crops. The Miscellaneous segment includes mainly engineering and livestock, personal accidents, products of financial institutions, health insurance, etc.