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Sagicor Group Jamaica (XJAM:SJ) Scaled Net Operating Assets : 0.13 (As of Mar. 2024)


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What is Sagicor Group Jamaica 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.

Sagicor Group Jamaica's operating assets for the quarter that ended in Mar. 2024 was JMD533,197 Mil. Sagicor Group Jamaica's operating liabilities for the quarter that ended in Mar. 2024 was JMD462,986 Mil. Sagicor Group Jamaica's Total Assets for the quarter that ended in Dec. 2023 was JMD560,649 Mil. Therefore, Sagicor Group Jamaica's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.13.


Sagicor Group Jamaica 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.

Sagicor Group Jamaica'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 )
=(507193.445-435850.808)/519178.882
=0.14

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=560648.971 - 53455.526
=507193.445

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=458433.972 - 21845.86 - 737.304
=435850.808

Sagicor Group Jamaica'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 )
=(533196.974-462985.975)/560648.971
=0.13

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=565403.581 - 32206.607
=533196.974

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=467348.746 - 4362.771 - 0
=462985.975

* 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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Sagicor Group Jamaica (XJAM:SJ) Business Description

Traded in Other Exchanges
N/A
Address
28 - 48 Barbados Avenue, R. Danny Williams Building, Kingston, JAM, 5
Sagicor Group Jamaica Ltd is a financial services company. The company's business segment includes Individual Lines, Employee Benefits, Commercial Banking, Investment Banking, and others. It generates revenue largely from the Individual Lines segment. The Individual Insurance segment provides individual clients with life and health insurance policies, individual annuities, investment products, living benefits, and other insurance-related solutions through various products. Geographically, it derives a majority of its revenue from Jamaica.