Veritas Kapital Assurance (NSA:VERITASKAP) Scaled Net Operating Assets: (As of . 20)

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What is Veritas Kapital Assurance 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.

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

Veritas Kapital Assurance 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.

Veritas Kapital Assurance'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
= - -
=

Veritas Kapital Assurance'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.

Veritas Kapital Assurance Business Description

Address Plot 497, Abogo Largema street, Central Business District, Abuja, NGA
Veritas Kapital Assurance Plc is Nigeria's insurance company. The company offers non-life Insurance products and services to individuals and institutions across Nigeria. Its products include Marine Insurance, Aviation Insurance, Engineering Insurance, Oil and gas Insurance, Auto Insurance, and Home Insurance.