Swiss Life Holding AG (Swiss Life Holding AG) Scaled Net Operating Assets : -0.23 (As of Dec. 2023)

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What is Swiss Life Holding AG 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.

Swiss Life Holding AG's operating assets for the quarter that ended in Dec. 2023 was $171,648 Mil. Swiss Life Holding AG's operating liabilities for the quarter that ended in Dec. 2023 was $226,241 Mil. Swiss Life Holding AG's Total Assets for the quarter that ended in Jun. 2023 was $239,080 Mil. Therefore, Swiss Life Holding AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.23.

Swiss Life Holding AG 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.

Swiss Life Holding AG'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 )
=	(240005.781	-	226240.749)	/	229111.207
=	0.06

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	246814.292	-	6808.511
=	240005.781

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	237217.854	-	10977.105	-	0
=	226240.749

Swiss Life Holding AG'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 )
=	(171647.78	-	226240.749)	/	239080.409
=	-0.23

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	246814.292	-	75166.512
=	171647.78

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	237217.854	-	10977.105	-	0
=	226240.749

* 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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Swiss Life Holding AG (Swiss Life Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Swiss Life Holding AG (OTCPK:SZLMY) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SWSDF:USA SLHNz:UK 0QMG:UK SLW1:Germany SLHNE:Switzerland SLHN:Switzerland

Address

General-Guisan-Quai 40, P.O. Box 2831, Zurich, CHE, CH-8022

Website

https://www.swisslife.com

Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller, but wealthy European markets. The company also has an asset manager. Swiss Life has three main sources of income that vary in importance by geography. Savings income relates to spread-based earnings, the risk result relates to an insurance margin, and the fee result relates to asset management and its financial advisor network. The fee result has been growing in importance over recent years as a result of advice, unit-linked sales, and third-party asset management.