Sovereign Trust Insurance (NSA:STIP) Scaled Net Operating Assets: (As of . 20)


What is Sovereign Trust Insurance 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.

Sovereign Trust Insurance's operating assets for the quarter that ended in . 20 was ₦ Mil. Sovereign Trust Insurance's operating liabilities for the quarter that ended in . 20 was ₦ Mil. Sovereign Trust Insurance's Total Assets for the quarter that ended in . 20 was ₦ Mil. Therefore, Sovereign Trust Insurance's scaled net operating assets (SNOA) for the quarter that ended in . 20 was .

Sovereign Trust Insurance 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.

Sovereign Trust Insurance's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

Operating Liabilities(A: . 20 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
= - -
=

Sovereign Trust Insurance's Scaled Net Operating Assets (SNOA) for the quarter that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(Q: . 20 )
=(Operating Assets (Q: . 20 )-Operating Liabilities (Q: . 20 ))/Total Assets (Q: . 20 )
=(-)/
=

where

Operating Assets(Q: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

Operating Liabilities(Q: . 20 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
= - -
=

* 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.

Sovereign Trust Insurance Business Description

Address 17, Adetokunbo Ademola Street, Victoria Island, Lagos, NGA
Sovereign Trust Insurance PLC offers a range of non- life insurance products and services, including motor insurance, marine insurance and aviation insurance, among others. The company's offerings are tailored to meet the specific needs of its clients.