Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Scaled Net Operating Assets : 0.23 (As of Dec. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Warba Insurance and Reinsurance Co KSCP 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.

Warba Insurance and Reinsurance Co KSCP's operating assets for the quarter that ended in Dec. 2024 was KWD68.23 Mil. Warba Insurance and Reinsurance Co KSCP's operating liabilities for the quarter that ended in Dec. 2024 was KWD44.88 Mil. Warba Insurance and Reinsurance Co KSCP's Total Assets for the quarter that ended in Sep. 2024 was KWD102.02 Mil. Therefore, Warba Insurance and Reinsurance Co KSCP's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.23.

Warba Insurance and Reinsurance Co KSCP 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.

Warba Insurance and Reinsurance Co KSCP'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 )
=	(98.145	-	44.875)	/	92.106
=	0.58

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	104.103	-	5.958
=	98.145

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	60.811	-	15.936	-	0
=	44.875

Warba Insurance and Reinsurance Co KSCP'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 )
=	(68.229	-	44.875)	/	102.019
=	0.23

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	104.103	-	35.874
=	68.229

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	60.811	-	15.936	-	0
=	44.875

* 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.

Warba Insurance and Reinsurance Co KSCP Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Warba Insurance and Reinsurance Co KSCP's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Warba Insurance and Reinsurance Co KSCP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sharq, Ahmad Al Jaber Street, Derwazat Abdul Razak, P.O. Box 24282, Safat, Opposite to the Banking Complex, Warba Tower, Kuwait, KWT, 13103

Website

https://www.warba.insure

Warba Insurance and Reinsurance Co KSCP is involved in the provision of life and non-life insurance products and services. The company reports three business segments: General risk insurance, Life and Medical insurance and Investment. Within General risk insurance are Marine and Aviation, Fire and general accidents and Motor. The company's offerings include Individual Life Insurance, Medical Insurance individual, Medical Insurance Corporate and FGA Insurance Policies among others. Geographically it operates through Kuwait.