Oman Qatar Insurance CoOG (MUS:OQIC) Scaled Net Operating Assets : 0.20 (As of Dec. 2023)

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What is Oman Qatar Insurance CoOG 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.

Oman Qatar Insurance CoOG's operating assets for the quarter that ended in Dec. 2023 was ر.ع95.60 Mil. Oman Qatar Insurance CoOG's operating liabilities for the quarter that ended in Dec. 2023 was ر.ع73.91 Mil. Oman Qatar Insurance CoOG's Total Assets for the quarter that ended in Sep. 2023 was ر.ع106.55 Mil. Therefore, Oman Qatar Insurance CoOG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.20.

Oman Qatar Insurance CoOG 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.

Oman Qatar Insurance CoOG'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 )
=	(106.925	-	73.911)	/	74.596
=	0.44

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	110.941	-	4.016
=	106.925

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	74.031	-	0.12	-	0
=	73.911

Oman Qatar Insurance CoOG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(95.6	-	73.911)	/	106.548
=	0.20

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	110.941	-	15.341
=	95.6

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	74.031	-	0.12	-	0
=	73.911

* 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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Oman Qatar Insurance CoOG (MUS:OQIC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box.3660, Ruwi, OMN, 112

Website

https://www.oqic.com

Oman Qatar Insurance Co SAOG is a life insurance company. It is engaged in the business of life and general insurance within the Sultanate of Oman. The company's segments include: Marine and aviation insurance includes marine cargo, marine hull, and machinery and aviation; Fire and general insurance includes fire, engineering, energy, motor, general accident, medical insurance, and third-party liability; and Group life and credit life insurance.