Universal Insurance Co (KAR:UVIC) Scaled Net Operating Assets: (As of . 20)


What is Universal 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.

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


Universal 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.

Universal Insurance Co'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
= -
=

Universal Insurance Co'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.


Universal Insurance Co Business Description

Address 63-Shahrah-e-Quaid-e-Azam, Universal Insurance House, Lahore, PAK, 54000
Universal Insurance Co Ltd provides insurance services & is in the non-life insurance business. The company has four operating segments. Fire & property damage insurance provides coverage against damages caused by fire, riot & strike, explosion, earthquake, atmospheric damage, flood, electric fluctuations & other related perils. Marine & transport insurance provides coverage against cargo risk, war risk, damages occurring in inland transit & other related perils. Motor insurance provides comprehensive car coverage, indemnity against third-party loss & other related coverages. Other insurance provides coverage against burglary, loss of cash-in-safe & cash-in-transit, engineering losses & other coverages. The majority is from the Motor segment.