Noor Financial Investment Co (KUW:NOOR) Scaled Net Operating Assets : 0.70 (As of Dec. 2024)

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What is Noor Financial Investment 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.

Noor Financial Investment Co's operating assets for the quarter that ended in Dec. 2024 was KWD125.97 Mil. Noor Financial Investment Co's operating liabilities for the quarter that ended in Dec. 2024 was KWD12.44 Mil. Noor Financial Investment Co's Total Assets for the quarter that ended in Sep. 2024 was KWD161.57 Mil. Therefore, Noor Financial Investment Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.70.

Noor Financial Investment Co Scaled Net Operating Assets Historical Data

The historical data trend for Noor Financial Investment Co's Scaled Net Operating Assets can be seen below:

* 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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Noor Financial Investment Co Scaled Net Operating Assets Chart

Noor Financial Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Scaled Net Operating Assets

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0.72

0.73

0.62

0.77

0.78

Noor Financial Investment Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.69	0.75	0.72	0.74	0.70

Competitive Comparison of Noor Financial Investment Co's Scaled Net Operating Assets

For the Information Technology Services subindustry, Noor Financial Investment Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Noor Financial Investment Co's Scaled Net Operating Assets Distribution in the Software Industry

For the Software industry and Technology sector, Noor Financial Investment Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Noor Financial Investment Co's Scaled Net Operating Assets falls into.

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Noor Financial Investment 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.

Noor Financial Investment 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 )
=	(125.971	-	12.444)	/	145.431
=	0.78

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	175.634	-	49.663
=	125.971

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	15.226	-	0.724	-	2.058
=	12.444

Noor Financial Investment 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 )
=	(125.971	-	12.444)	/	161.566
=	0.70

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	175.634	-	49.663
=	125.971

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	15.226	-	0.724	-	2.058
=	12.444

Noor Financial Investment Co Scaled Net Operating Assets Related Terms

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Noor Financial Investment Co Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Intersection of Jahra Street & Airport Road, PO Box 3311, Safat, Noor Building, Shuwaikh, Kuwait, KWT, 13034

Website

https://www.noorinvestment.com

Noor Financial Investment Co is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. It has a diverse portfolio of Direct Capital Market Investments, Real Estate, and Alternative Investments. The company manages a proprietary listed equity portfolio comprising local, GCC, and international equities. The Marketable Securities Unit continues to deploy funds in GCC and International equity markets achieving strong returns. The company operates in four segments i.e. investment, Real Estate, IT services, and Hotel business.

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