GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Military Insurance Corp (STC:MIG) » Definitions » Scaled Net Operating Assets

Military Insurance (STC:MIG) Scaled Net Operating Assets : -0.24 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Military 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.

Military Insurance's operating assets for the quarter that ended in Dec. 2024 was ₫5,392,380 Mil. Military Insurance's operating liabilities for the quarter that ended in Dec. 2024 was ₫7,704,696 Mil. Military Insurance's Total Assets for the quarter that ended in Sep. 2024 was ₫9,821,410 Mil. Therefore, Military Insurance's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.24.

Military 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.

Military Insurance's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(9505379.9-7704696.036)/8819164.978
=0.20

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9834946.333 - 329566.433
=9505379.9

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7704696.036 - 0 - 0
=7704696.036

Military Insurance's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(5392379.9-7704696.036)/9821409.63
=-0.24

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9834946.333 - 4442566.433
=5392379.9

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7704696.036 - 0 - 0
=7704696.036

* 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.

Military Insurance Scaled Net Operating Assets Related Terms

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

Military Insurance Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Military Insurance Corp (STC:MIG) » Definitions » Scaled Net Operating Assets
Comparable Companies
STC:BMI STC:PGI HSTC:PVI PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC HIG TSE:8725 TSX:FFH TSE:8630 MKL WRB CINF ASX:QBE L
Traded in Other Exchanges
N/A
Address
No.21 Cat Linh, Floor 5-6 MB Building, Cat Linh Ward, Dong Da District, Hanoi, VNM
Website
https://www.mic.vn
Military Insurance Corp is a non-life insurance company in Vietnam. The Company offers property, casualty, cargo, ships, vehicle, home and other mix insurance.