NIBHF (NIB Holdings) Scaled Net Operating Assets: 0.57 (As of Dec. 2025)


What is NIB Holdings Scaled Net Operating Assets?

NIB Holdings NIBHF 92 Scaled Net Operating Assets is 0.57 as of Dec. 2025. GuruFocus rates NIBHF with a GF Score™ of 92/100. The stock has 5 warning signs investors should review.

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

NIB Holdings's operating assets for the quarter that ended in Dec. 2025 was $1,285.32 Mil. NIB Holdings's operating liabilities for the quarter that ended in Dec. 2025 was $471.76 Mil. NIB Holdings's Total Assets for the quarter that ended in Jun. 2025 was $1,423.96 Mil. Therefore, NIB Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.57.

NIB 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.

NIB Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2025 )
=(Operating Assets (A: Jun. 2025 )-Operating Liabilities (A: Jun. 2025 ))/Total Assets (A: Jun. 2024 )
=(1275-498.633)/1404.117
=0.55

where

Operating Assets(A: Jun. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1423.958 - 148.958
=1275

Operating Liabilities(A: Jun. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=700.586 - 196.029 - 5.924
=498.633

NIB Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Jun. 2025 )
=(1285.316-471.761)/1423.958
=0.57

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1400.133 - 114.817
=1285.316

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=659.734 - 181.86 - 6.113
=471.761

* 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 0.57 mean?
NIB Holdings (NIBHF) has a Scaled Net Operating Assets of 0.57 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on NIB Holdings and its competitors.
Is NIB Holdings' Scaled Net Operating Assets too high?
NIB Holdings' current Scaled Net Operating Assets is 0.57. Overall, NIB Holdings has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does NIB Holdings' Scaled Net Operating Assets compare to FNF and AXS?
NIB Holdings' Scaled Net Operating Assets of 0.57 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 NIB Holdings and its competitors. NIB Holdings's current Scaled Net Operating Assets is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIB Holdings stock overvalued right now?
NIB Holdings (NIBHF) has a current Scaled Net Operating Assets of 0.57. The current Scaled Net Operating Assets is 0.57. NIB Holdings' overall GF Score™ is 92/100 with 5 warning signs to review. 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 NIB Holdings (NIBHF), the current Scaled Net Operating Assets is 0.57 as of Dec. 2025. 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.

NIB Holdings Business Description

Other Exchanges NHF:Australia
Address 22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300
NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.