Premier Insurance Co (XNEP:PIC) Scaled Net Operating Assets: 0.48 (As of Jul. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XNEP:PIC Premier Insurance Co Ltd XNEP:PIC
21 GF Score
Price NPR624.00
View Full Analysis

What is Premier Insurance Co Scaled Net Operating Assets?

Premier Insurance Co XNEP:PIC 21 Scaled Net Operating Assets is 0.48 as of Jul. 2022. GuruFocus rates XNEP:PIC with a GF Score™ of 21/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Premier Insurance Co's operating assets for the quarter that ended in Jul. 2022 was NPR5,370 Mil. Premier Insurance Co's operating liabilities for the quarter that ended in Jul. 2022 was NPR2,724 Mil. Premier Insurance Co's Total Assets for the quarter that ended in Apr. 2022 was NPR5,470 Mil. Therefore, Premier Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Jul. 2022 was 0.48.

XNEP:PIC
21GF Score
Premier Insurance Co Ltd XNEP:PIC
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier 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.

Premier Insurance Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2022 )
=(Operating Assets (A: Jul. 2022 )-Operating Liabilities (A: Jul. 2022 ))/Total Assets (A: Jul. 2021 )
=(5369.509-2723.71)/3882.599
=0.68

where

Operating Assets(A: Jul. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5410.263 - 40.754
=5369.509

Operating Liabilities(A: Jul. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2723.71 - 0 - 0
=2723.71

Premier Insurance Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jul. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jul. 2022 )
=(Operating Assets (Q: Jul. 2022 )-Operating Liabilities (Q: Jul. 2022 ))/Total Assets (Q: Apr. 2022 )
=(5369.509-2723.71)/5469.963
=0.48

where

Operating Assets(Q: Jul. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5410.263 - 40.754
=5369.509

Operating Liabilities(Q: Jul. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2723.71 - 0 - 0
=2723.71

* 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.

What does a Scaled Net Operating Assets of 0.48 mean?
Premier Insurance Co (XNEP:PIC) has a Scaled Net Operating Assets of 0.48 as of Jul. 2022. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Premier Insurance Co and its competitors.
Is Premier Insurance Co's Scaled Net Operating Assets too high?
Premier Insurance Co's current Scaled Net Operating Assets is 0.48. Overall, Premier Insurance Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Premier Insurance Co's Scaled Net Operating Assets compare to CB and PGR?
Premier Insurance Co's Scaled Net Operating Assets of 0.48 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Premier Insurance Co and its competitors. Premier Insurance Co's current Scaled Net Operating Assets is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Insurance Co stock overvalued right now?
Premier Insurance Co (XNEP:PIC) has a current Scaled Net Operating Assets of 0.48. The current Scaled Net Operating Assets is 0.48. Premier Insurance Co's overall GF Score™ is 21/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Premier Insurance Co (XNEP:PIC), the current Scaled Net Operating Assets is 0.48 as of Jul. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Premier Insurance Co Business Description

Address Premier Bhawan, Naxal, Kathmandu, NPL
Premier Insurance Co Ltd is an insurance company. The company operates through the following segments: Aviation; Crops and cattle; Engineering; Fire; Marine; Micro; Miscellaneous and Motor.
21GF Score

Get the complete analysis for XNEP:PIC

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NPR624.00
Price