Infinity Property and Casualty (Infinity Property and Casualty) Scaled Net Operating Assets : 0.37 (As of Mar. 2018)

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What is Infinity Property and Casualty 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.

Infinity Property and Casualty's operating assets for the quarter that ended in Mar. 2018 was $2,463 Mil. Infinity Property and Casualty's operating liabilities for the quarter that ended in Mar. 2018 was $1,560 Mil. Infinity Property and Casualty's Total Assets for the quarter that ended in Dec. 2017 was $2,473 Mil. Therefore, Infinity Property and Casualty's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2018 was 0.37.

Infinity Property and Casualty 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.

Infinity Property and Casualty's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2017 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2017 )
=	(Operating Assets (A: Dec. 2017 )	-	Operating Liabilities (A: Dec. 2017 ))	/	Total Assets (A: Dec. 2016 )
=	(2365.822	-	1479.321)	/	2402.601
=	0.37

where

	Operating Assets		(A: Dec. 2017 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2473.411	-	107.589
=	2365.822

	Operating Liabilities		(A: Dec. 2017 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1753.13	-	273.809	-	0
=	1479.321

Infinity Property and Casualty's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2018 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2018 )
=	(Operating Assets (Q: Mar. 2018 )	-	Operating Liabilities (Q: Mar. 2018 ))	/	Total Assets (Q: Dec. 2017 )
=	(2462.673	-	1559.685)	/	2473.411
=	0.37

where

	Operating Assets		(Q: Mar. 2018 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2551.466	-	88.793
=	2462.673

	Operating Liabilities		(Q: Mar. 2018 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1833.55	-	273.865	-	0
=	1559.685

* 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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Infinity Property and Casualty (Infinity Property and Casualty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Infinity Property and Casualty Corp (NAS:IPCC) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.infinityauto.com

Infinity Property and Casualty Corp is a provider of personal auto insurance. The company offers personal and commercial automobile insurance, primarily in Arizona, California, Florida, and Texas, to urban and Hispanic drivers. Infinity Property and Casualty distributes its products through a network of independent agencies and brokers or via the Internet. Nearly half of all premiums are underwritten for customers in California.

Executives

Robert H. Bateman	officer: Executive VP, CFO & Treasurer	ONE HARTFORD PLAZA, HARTFORD CT 06155
Teresa Alvarez Canida	director	200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Victor T Adamo	director
E Robert Meaney	director
Angela Brock-kyle	director	3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Harold E Layman	director	C/O GRAFTECH INTERNATIONAL LTD., 12900 SNOW ROAD, PARMA OH 44130
William Stancil Starnes	director	P O BOX 598512, BIRMINGHAM AL 35259-8512
Drayton Jr Nabers	director	605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
Gregory G Joseph	director	301 EAST FOURTH STREET, CINCINNATI OH 45202
American Financial Group Inc	10 percent owner	GREAT AMERICAN INSURANCE GROUP TOWER, 301 E. 4TH STREET, CINCINNATI OH 45202
Carl H Lindner	10 percent owner
S Craig Lindner	10 percent owner	ONE EAST FOURTH STREET, CINCINNATI OH 45202