Nobleoak Life Ltd
NobleOak Life Limited engages in underwriting life insurance products in Australia. It offers life, income protection, total and permanent disability, death, trauma, business expenses, and self-managed super fund insurance plans. The company sells its insurance products through direct-to-market and strategic partner channels. The company was formerly known as United Ancient Order of Druids Friend… Read more
Nobleoak Life Ltd (NOL) - Total Assets
Latest total assets as of June 2025: AU$567.29 Million AUD
Based on the latest financial reports, Nobleoak Life Ltd (NOL) holds total assets worth AU$567.29 Million AUD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Nobleoak Life Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Nobleoak Life Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nobleoak Life Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Nobleoak Life Ltd's total assets of AU$567.29 Million consist of 74.3% current assets and 25.7% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$85.55 Million | 15.1% |
| Accounts Receivable | AU$0.00 | 0.0% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$4.28 Million | 0.8% |
| Intangible Assets | AU$2.62 Million | 0.5% |
| Goodwill | AU$150.00K | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Nobleoak Life Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Nobleoak Life Ltd's current assets represent 74.3% of total assets in 2024, a decrease from 85.6% in 2016.
- Cash Position: Cash and equivalents constituted 15.1% of total assets in 2024, down from 18.3% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2016.
- Asset Diversification: The largest asset category is cash and equivalents at 15.1% of total assets.
Nobleoak Life Ltd Competitors by Total Assets
Key competitors of Nobleoak Life Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Biocause Pharmaceutical
SHE:000627
|
China | CN¥285.15 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
China | CN¥174.30 Billion |
|
Samsung Life
KO:032830
|
Korea | ₩350.69 Trillion |
|
Tongyang Life
KO:082640
|
Korea | ₩35.69 Trillion |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
Korea | ₩33.22 Trillion |
|
Hanwha Life
KO:088350
|
Korea | ₩168.94 Trillion |
|
Manulife Holdings Bhd
KLSE:1058
|
Malaysia | RM8.08 Billion |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
Taiwan | NT$1.60 Trillion |
Nobleoak Life Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Nobleoak Life Ltd generates 0.22x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Nobleoak Life Ltd generates $ 1.25 in net profit.
Nobleoak Life Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.61 | 1.81 | 5.09 |
| Quick Ratio | 0.61 | 8.33 | 5.09 |
| Cash Ratio | 0.50 | 2.24 | 0.00 |
| Working Capital | AU$-50.28 Million | AU$ 18.14 Million | AU$ 8.88 Million |
Nobleoak Life Ltd - Advanced Valuation Insights
This section examines the relationship between Nobleoak Life Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.53 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | 22.3% |
| Total Assets | AU$567.29 Million |
| Market Capitalization | $42.82 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nobleoak Life Ltd's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Nobleoak Life Ltd's assets grew by 22.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Nobleoak Life Ltd (2016–2024)
The table below shows the annual total assets of Nobleoak Life Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | AU$567.29 Million | +22.33% |
| 2023-12-31 | AU$463.73 Million | +84.64% |
| 2022-12-31 | AU$251.15 Million | +107.42% |
| 2021-12-31 | AU$121.08 Million | +66.75% |
| 2020-12-31 | AU$72.62 Million | +27.14% |
| 2019-12-31 | AU$57.11 Million | +7.53% |
| 2018-12-31 | AU$53.11 Million | +46.43% |
| 2017-12-31 | AU$36.27 Million | -31.42% |
| 2016-12-31 | AU$52.89 Million | -- |