Mercuries Life Insurance Co (TPE:2867) Scaled Net Operating Assets : 0.01 (As of Mar. 2024)

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What is Mercuries Life 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.

Mercuries Life Insurance Co's operating assets for the quarter that ended in Mar. 2024 was NT$1,530,877 Mil. Mercuries Life Insurance Co's operating liabilities for the quarter that ended in Mar. 2024 was NT$1,517,695 Mil. Mercuries Life Insurance Co's Total Assets for the quarter that ended in Dec. 2023 was NT$1,521,804 Mil. Therefore, Mercuries Life Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.01.

Mercuries Life 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.

Mercuries Life 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 )
=	(1460444.499	-	1473019.927)	/	1458233.193
=	-0.01

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1521803.877	-	61359.378
=	1460444.499

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1481862.91	-	8842.983	-	0
=	1473019.927

Mercuries Life Insurance Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(1530877.085	-	1517695.468)	/	1521803.877
=	0.01

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	1571548.448	-	40671.363
=	1530877.085

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1526863.763	-	9168.295	-	0
=	1517695.468

* 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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Mercuries Life Insurance Co (TPE:2867) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercuries Life Insurance Co Ltd (TPE:2867) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shitan Road, 1st Floor, No. 58, Neihu District, Taipei, TWN, 114

Website

https://www.mli.com.tw

Mercuries Life Insurance Co Ltd is a Taiwanese financial services company. Its product portfolio contains life insurance, health insurance, accident insurance, annuities, group insurance, and investment-linked products. Mercuries Life Insurance operations are mainly local. The company has also been developing its insurance services in overseas markets.