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Indara Insurance PCL (BKK:INSURE) Scaled Net Operating Assets : -0.17 (As of Mar. 2024)


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What is Indara Insurance PCL 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.

Indara Insurance PCL's operating assets for the quarter that ended in Mar. 2024 was ฿5,725 Mil. Indara Insurance PCL's operating liabilities for the quarter that ended in Mar. 2024 was ฿7,288 Mil. Indara Insurance PCL's Total Assets for the quarter that ended in Dec. 2023 was ฿9,198 Mil. Therefore, Indara Insurance PCL's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.17.

Indara Insurance PCL 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.

Indara Insurance PCL's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(8338.148-8075.632)/10466.125
=0.03

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=9198.375 - 860.227
=8338.148

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8084.744 - 9.112 - 0
=8075.632

Indara Insurance PCL's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(5724.992-7287.721)/9198.375
=-0.17

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8554.583 - 2829.591
=5724.992

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7327.691 - 39.97 - 0
=7287.721

* 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.

Indara Insurance PCL Scaled Net Operating Assets Related Terms

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Indara Insurance PCL (BKK:INSURE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Indara Insurance PCL (BKK:INSURE) » Definitions » Scaled Net Operating Assets
Comparable Companies
BKK:NKI BKK:BUI BKK:TSI BKK:CHARAN PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC TSX:FFH TSE:8725 MKL WRB CINF ASX:QBE TSE:8630 L
Traded in Other Exchanges
N/A
Address
364/29 Sri Ayuthaya Road, Phayathai Sub-district, Ratchathewi District, Bangkok, THA, 10400
Website
https://www.indara.co.th
Indara Insurance PCL is a Thailand-based company engaged in the provision of non-life insurance. The company operates five business segments: Fire; Marine and transportation; Motor; Personal accident and Miscellaneous. The company operates in Thailand only.