Life Insurance Nepal (XNEP:LICN) Total Liabilities : NPR125,601 Mil (As of Oct. 2024)

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What is Life Insurance Nepal Total Liabilities?

Life Insurance Nepal's Total Liabilities for the quarter that ended in Oct. 2024 was NPR125,601 Mil.

Life Insurance Nepal's quarterly Total Liabilities increased from Jan. 2024 (NPR114,820.29 Mil) to Apr. 2024 (NPR118,543.78 Mil) and increased from Apr. 2024 (NPR118,543.78 Mil) to Oct. 2024 (NPR125,600.71 Mil).

Life Insurance Nepal's annual Total Liabilities increased from Jul. 2021 (NPR83,347.23 Mil) to Jul. 2022 (NPR94,212.37 Mil) and increased from Jul. 2022 (NPR94,212.37 Mil) to Jul. 2023 (NPR108,454.67 Mil).

Life Insurance Nepal Total Liabilities Historical Data

The historical data trend for Life Insurance Nepal's Total Liabilities 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.

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Life Insurance Nepal Total Liabilities Chart

Life Insurance Nepal Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Liabilities

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4,141.60

69,684.17

83,347.23

94,212.37

108,454.67

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 Liabilities	Get a 7-Day Free Trial															108,454.67	112,146.15	114,820.29	118,543.78	125,600.71

Life Insurance Nepal Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities	=	Total Assets (A: Jul. 2023 )	-	Total Equity (A: Jul. 2023 )
	=	114431.009	-	5976.338
	=	108,455

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

Total Liabilities	=	Total Assets (Q: Oct. 2024 )	-	Total Equity (Q: Oct. 2024 )
	=	132768.395	-	7167.688
	=	125,601

Life Insurance Nepal Total Liabilities Related Terms

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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 » Total Liabilities

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.