FarGlory Life Insurance Co (ROCO:5859) Scaled Net Operating Assets : -0.00 (As of Dec. 2023)

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What is FarGlory Life 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.

FarGlory Life Insurance Co's operating assets for the quarter that ended in Dec. 2023 was NT$659,843 Mil. FarGlory Life Insurance Co's operating liabilities for the quarter that ended in Dec. 2023 was NT$660,958 Mil. FarGlory Life Insurance Co's Total Assets for the quarter that ended in Jun. 2023 was NT$688,852 Mil. Therefore, FarGlory Life Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.00.

FarGlory Life 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.

FarGlory Life 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 )
=	(683915.216	-	660958.111)	/	669849.242
=	0.03

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	699606.617	-	15691.401
=	683915.216

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	661200.711	-	242.6	-	0
=	660958.111

FarGlory Life Insurance Co'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 )
=	(659843.124	-	660958.111)	/	688852.27
=	-0.00

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	699606.617	-	39763.493
=	659843.124

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	661200.711	-	242.6	-	0
=	660958.111

* 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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FarGlory Life Insurance Co (ROCO:5859) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

No.1, Songgao Road, 28th Floor, Taipei, TWN

Website

https://www.fglife.com.tw

FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.