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Donegal Group (Donegal Group) Scaled Net Operating Assets : 0.07 (As of Dec. 2023)


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What is Donegal Group 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.

Donegal Group's operating assets for the quarter that ended in Dec. 2023 was $1,905.8 Mil. Donegal Group's operating liabilities for the quarter that ended in Dec. 2023 was $1,751.5 Mil. Donegal Group's Total Assets for the quarter that ended in Sep. 2023 was $2,260.3 Mil. Therefore, Donegal Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.07.

Donegal Group 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.

Donegal Group'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 )
=(2242.502-1751.549)/2243.349
=0.22

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2266.294 - 23.792
=2242.502

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1786.549 - 0 - 35
=1751.549

Donegal Group'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: Sep. 2023 )
=(1905.792-1751.549)/2260.277
=0.07

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=2266.294 - 360.502
=1905.792

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1786.549 - 0 - 35
=1751.549

* 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.

Donegal Group Scaled Net Operating Assets Related Terms

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Donegal Group (Donegal Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Donegal Group Inc (NAS:DGICA) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
DGICB:USA
Address
1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302
Website
https://www.donegalgroup.com
Donegal Group Inc is an insurance holding company that offers personal and commercial lines of property and casualty insurance to businesses and individuals. The company's reportable segments are its Investment function, Personal lines of insurance, Commercial lines of insurance. Personal lines products consist primarily of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril, and workers' compensation policies. The group primarily operates in the United States.
Executives
Donegal Mutual Insurance Co 10 percent owner 1195 RIVER ROAD, MARIETTA PA 17547
Long Robert Richard Jr officer: Sr.VP, General Counsel 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
William Daniel Delamater officer: Senior Vice President 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Sanjay Pandey officer: Sr. VP & Chief Info Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Christina Marie Hoffman officer: Sr. VP & Chief Risk Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Vincent Anthony Viozzi officer: Sr. VP & Chief Inv Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Scott Andrew Berlucchi director 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Jon Marshall Mahan director 1195 RIVER ROAD, MARIETTA PA 17547
Wampler Richard D Ii director 1195 RIVER ROAD, MARIETTA PA 17547
Kevin Gerard Burke director, officer: President & Chief Exec Officer 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547
Moore Sewell Trezevant Jr director LUMINENT MORTGAGE CAPITAL INC, 909 MONTGOMERY STREET SUITE 500, SAN FRANCISCO CA 94133
Jeffrey Dean Miller officer: EVP & Chief Financial Officer 1195 RIVER ROAD, MARIETTA PA 17547
Jack Lee Hess director 1195 RIVER ROAD, MARIETTA PA 17547
Daniel J Wagner officer: Treasurer 1195 RIVER ROAD, MARIETTA PA 17547
David Wayne Sponic officer: Senior Vice President 1195 RIVER ROAD, P.O. BOX 302, MARIETTA PA 17547