GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corp Nepal Ltd (XNEP:LICN) » Definitions » Total Equity

Life Insurance Nepal (XNEP:LICN) Total Equity : NPR7,168 Mil (As of Oct. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Life Insurance Nepal Total Equity?

Life Insurance Nepal's total equity for the quarter that ended in Oct. 2024 was NPR7,168 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Life Insurance Nepal Total Equity Historical Data

The historical data trend for Life Insurance Nepal's Total Equity can be seen below:

* 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.

* Premium members only.

Life Insurance Nepal Total Equity Chart

Life Insurance Nepal Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56,644.56 3,626.17 4,413.67 5,249.38 5,976.34

Life Insurance Nepal Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,976.34 5,858.22 5,952.99 5,402.73 7,167.69

Life Insurance Nepal Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Life Insurance Nepal's Total Equity for the fiscal year that ended in Jul. 2023 is calculated as

Total Equity=Total Assets(Q: Jul. 2023 )-Total Liabilities(Q: Jul. 2023 )
=114431.009-108454.671
=5,976

Life Insurance Nepal's Total Equity for the quarter that ended in Oct. 2024 is calculated as

Total Equity=Total Assets(Q: Oct. 2024 )-Total Liabilities(Q: Oct. 2024 )
=132768.395-125600.707
=7,168

* 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.

Life Insurance Nepal Total Equity Related Terms

Thank you for viewing the detailed overview of Life Insurance Nepal's Total Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Life Insurance Nepal Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corp Nepal Ltd (XNEP:LICN) » Definitions » Total Equity
Comparable Companies
XNEP:NLICL XNEP:NLIC SHSE:601318 SHSE:601628 HKSE:01299 AFL BOM:543526 TSX:MFC MET SHSE:601601 PRU TSX:GWO TPE:2881 LSE:PRU TSE:8750 TPE:2882 TSX:POW BOM:540719 SHSE:601336 BOM:540777
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.