Saudi Enaya Cooperative Insurance Co (SAU:8311) Scaled Net Operating Assets : 0.31 (As of Sep. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Saudi Enaya Cooperative Insurance Co 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.

Saudi Enaya Cooperative Insurance Co's operating assets for the quarter that ended in Sep. 2024 was ﷼204.0 Mil. Saudi Enaya Cooperative Insurance Co's operating liabilities for the quarter that ended in Sep. 2024 was ﷼110.4 Mil. Saudi Enaya Cooperative Insurance Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼304.7 Mil. Therefore, Saudi Enaya Cooperative Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.31.

Saudi Enaya Cooperative Insurance Co 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.

Saudi Enaya Cooperative Insurance Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(316.466	-	149.043)	/	360.743
=	0.46

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	339.8	-	23.334
=	316.466

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	149.043	-	0	-	0
=	149.043

Saudi Enaya Cooperative Insurance Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(203.972	-	110.361)	/	304.703
=	0.31

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	286.592	-	82.62
=	203.972

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	113.276	-	2.915	-	0
=	110.361

* 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.

Saudi Enaya Cooperative Insurance Co Scaled Net Operating Assets Related Terms

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

Saudi Enaya Cooperative Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Saudi Enaya Cooperative Insurance Co (SAU:8311) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 7521, P.O. Box 3732, Al Fakhr, Al Khaldiya District, Jeddah, SAU, 23423

Website

https://www.saudienaya.com

Saudi Enaya Cooperative Insurance Co operates in the insurance industry. It provides insurance contracts for providing health care services. All the insurance operations of the company are carried out in the Kingdom of Saudi Arabia.