Syarikat Takaful Malaysia Keluarga Bhd (Syarikat Takaful Malaysia Keluarga Bhd) Scaled Net Operating Assets : -0.55 (As of Dec. 2023)

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What is Syarikat Takaful Malaysia Keluarga Bhd 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.

Syarikat Takaful Malaysia Keluarga Bhd's operating assets for the quarter that ended in Dec. 2023 was $1,128.3 Mil. Syarikat Takaful Malaysia Keluarga Bhd's operating liabilities for the quarter that ended in Dec. 2023 was $2,782.5 Mil. Syarikat Takaful Malaysia Keluarga Bhd's Total Assets for the quarter that ended in Sep. 2023 was $3,025.3 Mil. Therefore, Syarikat Takaful Malaysia Keluarga Bhd's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.55.

Syarikat Takaful Malaysia Keluarga Bhd 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.

Syarikat Takaful Malaysia Keluarga Bhd'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 )
=	(2967.896	-	2782.479)	/	3018.423
=	0.06

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3150.685	-	182.789
=	2967.896

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2782.674	-	0.195	-	0
=	2782.479

Syarikat Takaful Malaysia Keluarga Bhd's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(1128.333	-	2782.479)	/	3025.285
=	-0.55

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3150.685	-	2022.352
=	1128.333

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2782.674	-	0.195	-	0
=	2782.479

* 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.

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Syarikat Takaful Malaysia Keluarga Bhd (Syarikat Takaful Malaysia Keluarga Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Syarikat Takaful Malaysia Keluarga Bhd (OTCPK:SYKXF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

6139:Malaysia

Address

No. 4, Jalan Sultan Sulaiman, Tingkat 14, Block Annexe, Menara Takafu, Kuala Lumpur, SGR, MYS, 50000

Website

https://www.takaful-malaysia.com.my

Syarikat Takaful Malaysia Keluarga Bhd is a takaful insurance provider in Malaysia and Indonesia. Like insurance, takaful protects participants from loss, but unlike traditional insurance, it adheres to a business model that conforms to Islamic religious law. The company's business includes participants who pool their money into a Participant Risk Fund, which then has funds available to disburse when a participant is facing a loss. For managing the takaful fund, the company receives a service fee on participant contributions. Syarikat Takaful Malaysia manages family and general takaful businesses, which include medical, motor, and home takaful. The vast majority of the company's revenue comes from customers in Malaysia.