NICO Holdings (MSW:NICO) Scaled Net Operating Assets : -0.14 (As of Dec. 2022)

View and export this data going back to 1990. Start your Free Trial

What is NICO Holdings 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.

NICO Holdings's operating assets for the quarter that ended in Dec. 2022 was MWK876,583 Mil. NICO Holdings's operating liabilities for the quarter that ended in Dec. 2022 was MWK1,005,634 Mil. NICO Holdings's Total Assets for the quarter that ended in Dec. 2021 was MWK939,990 Mil. Therefore, NICO Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was -0.14.

NICO Holdings 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.

NICO Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(1070458.565	-	1005634.292)	/	939989.842
=	0.07

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1151879.442	-	81420.877
=	1070458.565

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1035661.174	-	28857.029	-	1169.853
=	1005634.292

NICO Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2022 )
=	(Operating Assets (Q: Dec. 2022 )	-	Operating Liabilities (Q: Dec. 2022 ))	/	Total Assets (Q: Dec. 2021 )
=	(876582.915	-	1005634.292)	/	939989.842
=	-0.14

where

	Operating Assets		(Q: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1151879.442	-	275296.527
=	876582.915

	Operating Liabilities		(Q: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1035661.174	-	28857.029	-	1169.853
=	1005634.292

* 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.

NICO Holdings Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of NICO Holdings's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

NICO Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NICO Holdings PLC (MSW:NICO) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI

Website

https://www.nicomw.com

NICO Holdings PLC is a Malawi based financial service company that operates in diversified business. The company operates in segments including Life Insurance and Pension, General Insurance, Banking, Investment Holding, Asset Management and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, and road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accident throughout Malawi, Zambia, Tanzania, and Uganda. While life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. Majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments are only operated in Malawi.