Lifenet Insurance Co (TSE:7157) Scaled Net Operating Assets : 0.62 (As of Dec. 2023)

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What is Lifenet 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.

Lifenet Insurance Co's operating assets for the quarter that ended in Dec. 2023 was 円85,855 Mil. Lifenet Insurance Co's operating liabilities for the quarter that ended in Dec. 2023 was 円19,979 Mil. Lifenet Insurance Co's Total Assets for the quarter that ended in Sep. 2023 was 円105,830 Mil. Therefore, Lifenet Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.62.

Lifenet 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.

Lifenet Insurance Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(62881	-	53021)	/	67820
=	0.15

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	68600	-	5719
=	62881

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	53026	-	5	-	0
=	53021

Lifenet Insurance Co'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 )
=	(85855	-	19979)	/	105830
=	0.62

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	109728	-	23873
=	85855

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	20117	-	138	-	0
=	19979

* 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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Lifenet Insurance Co (TSE:7157) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

2-14-2 KojiMachi, Kojimachi NK Building 5 Floor, Chiyoda-Ku, Tokyo, JPN, 102-0083

Website

http://www.lifenet-seimei.co.jp

Lifenet Insurance Co is a Japan-based company engaged in the life insurance business. Primarily, it is involved in the underwriting of insurance and asset management. The company's products include Periodic death insurance, Lifetime medical insurance, Cancer insurance, and Unemployment insurance. Additionally, it markets its insurance products and services directly to customers through the internet.