Life Insurance Nepal (XNEP:LICN) Scaled Net Operating Assets : 0.04 (As of Oct. 2024)

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What is Life Insurance Nepal 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.

Life Insurance Nepal's operating assets for the quarter that ended in Oct. 2024 was NPR130,106 Mil. Life Insurance Nepal's operating liabilities for the quarter that ended in Oct. 2024 was NPR125,601 Mil. Life Insurance Nepal's Total Assets for the quarter that ended in Apr. 2024 was NPR123,947 Mil. Therefore, Life Insurance Nepal's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2024 was 0.04.

Life Insurance Nepal 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.

Life Insurance Nepal's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jul. 2023 )
=	(Operating Assets (A: Jul. 2023 )	-	Operating Liabilities (A: Jul. 2023 ))	/	Total Assets (A: Jul. 2022 )
=	(111981.415	-	108245.239)	/	99461.744
=	0.04

where

	Operating Assets		(A: Jul. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	114431.009	-	2449.594
=	111981.415

	Operating Liabilities		(A: Jul. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	108454.671	-	209.432	-	0
=	108245.239

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

	Scaled Net Operating Assets (SNOA)		(Q: Oct. 2024 )
=	(Operating Assets (Q: Oct. 2024 )	-	Operating Liabilities (Q: Oct. 2024 ))	/	Total Assets (Q: Apr. 2024 )
=	(130106.387	-	125600.707)	/	123946.503
=	0.04

where

	Operating Assets		(Q: Oct. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	132768.395	-	2662.008
=	130106.387

	Operating Liabilities		(Q: Oct. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	125600.707	-	0	-	0
=	125600.707

* 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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Life Insurance Nepal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corp Nepal Ltd (XNEP:LICN) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Star Mall, PO Box No 21905, 4th Floor, Putalisadak, Kathmandu, NPL

Website

https://www.licnepal.com.np

Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of Nepal's most capitalized insurance companies. It offers a range of life insurance products such as endowment plans, child plans, money-back plans, and services like reviving a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's majority source of revenue is through insurance premiums, which are received either by direct remittance of cheques or bank drafts.