Momentum Metropolitan Holdings (JSE:MTM) Scaled Net Operating Assets : -0.00 (As of Dec. 2023)

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What is Momentum Metropolitan Holdings 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.

Momentum Metropolitan Holdings's operating assets for the quarter that ended in Dec. 2023 was R624,641 Mil. Momentum Metropolitan Holdings's operating liabilities for the quarter that ended in Dec. 2023 was R627,579 Mil. Momentum Metropolitan Holdings's Total Assets for the quarter that ended in Jun. 2023 was R636,799 Mil. Therefore, Momentum Metropolitan Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.00.

Momentum Metropolitan Holdings 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.

Momentum Metropolitan Holdings'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 )
=	(601786	-	603501)	/	573849
=	-0.00

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	636799	-	35013
=	601786

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	609648	-	6147	-	0
=	603501

Momentum Metropolitan Holdings'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 )
=	(624641	-	627579)	/	636799
=	-0.00

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	661328	-	36687
=	624641

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	631940	-	4361	-	0
=	627579

* 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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Momentum Metropolitan Holdings (JSE:MTM) Business Description

Industry

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Traded in Other Exchanges

MMT:Namibia

Address

268 West Avenue, Centurion, GT, ZAF, 0157

Website

https://www.momentummetropolitan.co.za

Momentum Metropolitan Holdings Ltd is a financial services group. Its core businesses are long- and short-term insurance, asset management, investment, savings, healthcare administration, and employee benefits. Metropolitan and Momentum are the operating brands for offering product and service solutions to all market segments. The firm's operational segments are: Momentum Life, Momentum Investments, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Momentum Metropolitan Africa, Non-life Insurance, New Initiatives and Shareholders.