BIDV Insurance (STC:BIC) Scaled Net Operating Assets : -0.32 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is BIDV Insurance 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.

BIDV Insurance's operating assets for the quarter that ended in Mar. 2024 was ₫2,371,063 Mil. BIDV Insurance's operating liabilities for the quarter that ended in Mar. 2024 was ₫4,768,670 Mil. BIDV Insurance's Total Assets for the quarter that ended in Dec. 2023 was ₫7,550,246 Mil. Therefore, BIDV Insurance's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.32.

BIDV Insurance 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.

BIDV Insurance'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 )
=	(7528881.637	-	4766256.497)	/	6669734.37
=	0.41

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	7550245.803	-	21364.166
=	7528881.637

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4766256.497	-	0	-	0
=	4766256.497

BIDV Insurance'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 )
=	(2371063.078	-	4768669.87)	/	7550245.803
=	-0.32

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	7677948.948	-	5306885.87
=	2371063.078

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4796367.348	-	0	-	27697.478
=	4768669.87

* 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.

BIDV Insurance Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of BIDV Insurance's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

BIDV Insurance (STC:BIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » BIDV Insurance Corp (STC:BIC) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

16th Floor, Tower A, Vincom, City Towers, 191 Ba Trieu Stre, Hanoi, VNM

Website

http://www.bic.vn

BIDV Insurance Corp is an insurance company. It operates a network of agencies throughout Vietnam offering non-life, reinsurance, casualty insurance, and financial investments.