The Hanover Insurance Group (FRA:AF4) Scaled Net Operating Assets : 0.01 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is The Hanover Insurance 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.

The Hanover Insurance Group's operating assets for the quarter that ended in Mar. 2024 was €10,455 Mil. The Hanover Insurance Group's operating liabilities for the quarter that ended in Mar. 2024 was €10,385 Mil. The Hanover Insurance Group's Total Assets for the quarter that ended in Dec. 2023 was €13,400 Mil. Therefore, The Hanover Insurance Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.01.

The Hanover Insurance 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.

The Hanover Insurance 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 )
=	(13109.89	-	10420.605)	/	13211.374
=	0.20

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	13399.754	-	289.864
=	13109.89

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	11138.799	-	718.194	-	0
=	10420.605

The Hanover Insurance Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(10454.88	-	10384.96)	/	13399.754
=	0.01

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	13426.572	-	2971.692
=	10454.88

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	11105.688	-	720.728	-	0
=	10384.96

* 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.

The Hanover Insurance Group Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of The Hanover Insurance Group's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

The Hanover Insurance Group (FRA:AF4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Hanover Insurance Group Inc (FRA:AF4) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

THG:USA

Address

440 Lincoln Street, Worcester, MA, USA, 01653

Website

https://www.hanover.com

The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business internationally through a wholly owned subsidiary, Chaucer Holdings Limited, domiciled in the United Kingdom. The company conducts business operations through three operating segments: Commercial Lines, Personal Lines and Other. The company operates an investment portfolio that is primarily exposed to fixed-income securities.