Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Scaled Net Operating Assets : N/A (As of Jun. 2024)

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What is Fidelity Life Assurance of Zimbabwe 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.

Fidelity Life Assurance of Zimbabwe's operating assets for the quarter that ended in Jun. 2024 was ZWG1,908.4 Mil. Fidelity Life Assurance of Zimbabwe's operating liabilities for the quarter that ended in Jun. 2024 was ZWG1,586.0 Mil. Fidelity Life Assurance of Zimbabwe's Total Assets for the quarter that ended in Jun. 2023 was ZWG0.0 Mil. Therefore, Fidelity Life Assurance of Zimbabwe's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was N/A.

Fidelity Life Assurance of Zimbabwe 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.

Fidelity Life Assurance of Zimbabwe's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2018 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2018 )
=	(Operating Assets (A: Dec. 2018 )	-	Operating Liabilities (A: Dec. 2018 ))	/	Total Assets (A: Dec. 2017 )
=	(3043.902	-	2467.126)	/	3207.084
=	0.18

where

	Operating Assets		(A: Dec. 2018 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3288.983	-	245.081
=	3043.902

	Operating Liabilities		(A: Dec. 2018 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3049.718	-	436.321	-	146.271
=	2467.126

Fidelity Life Assurance of Zimbabwe's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Jun. 2023 )
=	(1908.359	-	1586.042)	/	0
=	N/A

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2104.155	-	195.796
=	1908.359

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1615.709	-	0.643	-	29.024
=	1586.042

* 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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Fidelity Life Assurance of Zimbabwe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fidelity Life Assurance of Zimbabwe Ltd (XZIM:FIDL.ZW) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Julius Nyerere Way, Fidelity House, Harare, ZWE

Website

https://www.fidelitylife.co.zw

Fidelity Life Assurance of Zimbabwe Ltd is involved in the insurance business. The company's operating segment includes Insurance, Property Investment, Microlending, and Others. The Insurance segment of the company is involved in life assurance and pensions and the Microlending segment is involved in consumer loans, business loans, and loans to farmers. The company generates maximum revenue from the Insurance segment. Geographically, the company derives a majority of its revenue from Zimbabwe and also has a presence in Malawi.