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Helios Underwriting (LSE:HUW) Scaled Net Operating Assets : 0.18 (As of Jun. 2023)


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What is Helios Underwriting 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.

Helios Underwriting's operating assets for the quarter that ended in Jun. 2023 was £643.8 Mil. Helios Underwriting's operating liabilities for the quarter that ended in Jun. 2023 was £539.9 Mil. Helios Underwriting's Total Assets for the quarter that ended in Dec. 2022 was £592.5 Mil. Therefore, Helios Underwriting's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.18.

Helios Underwriting 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.

Helios Underwriting's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(567.249-460.371)/405.601
=0.26

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=592.549 - 25.3
=567.249

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=475.371 - 0 - 15
=460.371

Helios Underwriting's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Dec. 2022 )
=(643.818-539.868)/592.549
=0.18

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=672.018 - 28.2
=643.818

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=554.868 - 15 - 0
=539.868

* 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.

Helios Underwriting Scaled Net Operating Assets Related Terms

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Helios Underwriting (LSE:HUW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Helios Underwriting PLC (LSE:HUW) » Definitions » Scaled Net Operating Assets
Comparable Companies
LSE:PGH PGR CB TSE:8766 TRV ALL TSX:IFC HKSE:01339 HKSE:02328 HIG TSX:FFH TSE:8725 MKL WRB CINF TSE:8630 L ASX:QBE ASX:SUN CNA
Traded in Other Exchanges
N/A
Address
40 Gracechurch Street, 5th Floor, London, GBR, EC3V 0BT
Website
https://www.huwplc.com
Helios Underwriting PLC is a part of the financial services domain. Its core business includes limited liability investment for its shareholders in Lloyd's insurance market through syndicate participation, investment management, and other corporate activities. Most of its income is generated through the syndicate participation business.