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Ahliea Insurance Group (XPAE:AIG) Scaled Net Operating Assets : 0.57 (As of Dec. 2023)


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What is Ahliea Insurance Group 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.

Ahliea Insurance Group's operating assets for the quarter that ended in Dec. 2023 was $87.64 Mil. Ahliea Insurance Group's operating liabilities for the quarter that ended in Dec. 2023 was $33.17 Mil. Ahliea Insurance Group's Total Assets for the quarter that ended in Sep. 2023 was $95.38 Mil. Therefore, Ahliea Insurance Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.57.


Ahliea Insurance Group 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.

Ahliea Insurance Group'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 )
=(87.745-33.172)/96.971
=0.56

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=90.08 - 2.335
=87.745

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41.522 - 3.712 - 4.638
=33.172

Ahliea Insurance Group'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 )
=(87.64-33.172)/95.381
=0.57

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=90.08 - 2.44
=87.64

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=41.522 - 3.712 - 4.638
=33.172

* 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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Ahliea Insurance Group (XPAE:AIG) Business Description

Traded in Other Exchanges
N/A
Address
17 Nizar Qabbani Street, Al Masyoun, Ramallah, PSE
Ahliea Insurance Group is an insurance and reinsurance business company. It offers Vehicle insurance, properties Insurance, Engineering Insurance, Transport insurance, Accident insurance, Liability insurance, Workers insurance, and Tabou insurance. Private insurance, and General accident insurance. It is organized into eight business segments motor, general accidents, engineering accidents, workers, fire and theft, Healthy, Social Responsibility, and marine, and the majority of the revenue comes from the Motor segment.