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DB Insurance Co (XKRX:005830) Scaled Net Operating Assets : -0.28 (As of Mar. 2024)


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What is DB Insurance Co 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.

DB Insurance Co's operating assets for the quarter that ended in Mar. 2024 was ₩32,412,262 Mil. DB Insurance Co's operating liabilities for the quarter that ended in Mar. 2024 was ₩49,268,584 Mil. DB Insurance Co's Total Assets for the quarter that ended in Dec. 2023 was ₩60,040,429 Mil. Therefore, DB Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.28.

DB Insurance Co 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.

DB Insurance Co'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 )
=(58492827.388-48458964.328)/57635178.301
=0.17

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=60040428.591 - 1547601.203
=58492827.388

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=49736681.328 - 1277717 - 0
=48458964.328

DB Insurance Co'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 )
=(32412261.51-49268584.081)/60040428.591
=-0.28

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=60461738.446 - 28049476.936
=32412261.51

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50535860.081 - 1267276 - 0
=49268584.081

* 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.

DB Insurance Co Scaled Net Operating Assets Related Terms

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DB Insurance Co (XKRX:005830) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » DB Insurance Co Ltd (XKRX:005830) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
BD Financial Center, 432, Teheran-Ro, Gangnam-Gu, Seoul, KOR, 135523
Website
https://www.idbins.com
DB Insurance Co Ltd is a global insurance and financial company that generates revenue by writing insurance premiums. The company's three separate business lines include auto, long term, and commercial. The long-term segment aims to cover injury, death, and property. The auto segment aims to cover personal accidents and physical life. The commercial segment aims to cover a wide variety of areas, including fire insurance, marine insurance, and casualty insurance. The vast majority of Dongbu's revenue is derived from its long-term segment, followed by auto.