Oman United Insurance CoOG (MUS:OUIC) Scaled Net Operating Assets: 0.20 (As of Mar. 2023)


MUS:OUIC Oman United Insurance Co SAOG MUS:OUIC
12 GF Score
Price ر.ع0.33
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What is Oman United Insurance CoOG Scaled Net Operating Assets?

Oman United Insurance CoOG MUS:OUIC +1.56% 12 Scaled Net Operating Assets is 0.20 as of Mar. 2023. GuruFocus rates MUS:OUIC with a GF Score™ of 12/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Oman United Insurance CoOG's operating assets for the quarter that ended in Mar. 2023 was ر.ع107.54 Mil. Oman United Insurance CoOG's operating liabilities for the quarter that ended in Mar. 2023 was ر.ع84.75 Mil. Oman United Insurance CoOG's Total Assets for the quarter that ended in Sep. 2022 was ر.ع111.54 Mil. Therefore, Oman United Insurance CoOG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2023 was 0.20.

MUS:OUIC
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Oman United Insurance Co SAOG MUS:OUIC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman United Insurance CoOG 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.

Oman United Insurance CoOG's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(108.011-77.631)/107.31
=0.28

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=108.784 - 0.773
=108.011

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=77.954 - 0.323 - 0
=77.631

Oman United Insurance CoOG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2023 )
=(Operating Assets (Q: Mar. 2023 )-Operating Liabilities (Q: Mar. 2023 ))/Total Assets (Q: Sep. 2022 )
=(107.541-84.751)/111.535
=0.20

where

Operating Assets(Q: Mar. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=112.805 - 5.264
=107.541

Operating Liabilities(Q: Mar. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=85.097 - 0.346 - 0
=84.751

* 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.

What does a Scaled Net Operating Assets of 0.20 mean?
Oman United Insurance CoOG (MUS:OUIC) has a Scaled Net Operating Assets of 0.20 as of Mar. 2023. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Oman United Insurance CoOG and its competitors.
Is Oman United Insurance CoOG's Scaled Net Operating Assets too high?
Oman United Insurance CoOG's current Scaled Net Operating Assets is 0.20. Overall, Oman United Insurance CoOG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Oman United Insurance CoOG's Scaled Net Operating Assets compare to HNNA and MSD?
Oman United Insurance CoOG's Scaled Net Operating Assets of 0.20 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Oman United Insurance CoOG and its competitors. Oman United Insurance CoOG's current Scaled Net Operating Assets is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman United Insurance CoOG stock overvalued right now?
Oman United Insurance CoOG (MUS:OUIC) has a current Scaled Net Operating Assets of 0.20. The current Scaled Net Operating Assets is 0.20. Oman United Insurance CoOG's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Oman United Insurance CoOG (MUS:OUIC), the current Scaled Net Operating Assets is 0.20 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Oman United Insurance CoOG Business Description

Address Al Khuwair Street, P.O.Box 1522, Ruwi, Muscat, OMN, 112
Oman United Insurance Co SAOG is an insurance company. It is engaged in the underwriting of general and life and medical insurance business and in the repair and maintenance of motor vehicles. It operates in two segments General insurance and Life insurance. General insurance business includes insurance and re-insurance of motor, fire, general accident, marine cargo, hull, workmen compensation, engineering, and aviation. Life insurance relates to the insuring of the life of an individual, group life and group medical. It operates within the Sultanate of Oman with the highest revenue generated from General insurance segment.
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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