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Discovery (JSE:DSY) Scaled Net Operating Assets : 0.19 (As of Dec. 2023)


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What is Discovery 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.

Discovery's operating assets for the quarter that ended in Dec. 2023 was R247,417 Mil. Discovery's operating liabilities for the quarter that ended in Dec. 2023 was R189,227 Mil. Discovery's Total Assets for the quarter that ended in Jun. 2023 was R301,927 Mil. Therefore, Discovery's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.19.


Discovery 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.

Discovery's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jun. 2023 )
=(Operating Assets (A: Jun. 2023 )-Operating Liabilities (A: Jun. 2023 ))/Total Assets (A: Jun. 2022 )
=(281557-217367)/271367
=0.24

where

Operating Assets(A: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=301927 - 20370
=281557

Operating Liabilities(A: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=237953 - 20553 - 33
=217367

Discovery'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: Jun. 2023 )
=(247417-189227)/301927
=0.19

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=261924 - 14507
=247417

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=209718 - 20491 - 0
=189227

* 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.


Discovery Scaled Net Operating Assets Related Terms

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Discovery (JSE:DSY) Business Description

Traded in Other Exchanges
Address
1 Discovery Place, Sandton, Johannesburg, GT, ZAF, 2196
Discovery Ltd sells multiple insurance products and provides investment management services. The company has reportable segments based on a combination of products and services which are Health South Africa, Life South Africa, Invest South Africa, Vitality South Africa, Insure South Africa, Bank South Africa, Health United Kingdom, Life United Kingdom, and other segment which include SA insure, SA bank, SA distribution, vitality group. It serves employers for health insurance, as well as individual clients who buy health and life insurance and investment products across the UK, US, China, Singapore, and Australia.