Just Group (LSE:JUST) Scaled Net Operating Assets : 0.02 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Just 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.

Just Group's operating assets for the quarter that ended in Dec. 2023 was £30,586.0 Mil. Just Group's operating liabilities for the quarter that ended in Dec. 2023 was £29,940.0 Mil. Just Group's Total Assets for the quarter that ended in Jun. 2023 was £28,203.1 Mil. Therefore, Just Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.02.

Just 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.

Just 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 )
=	(30586	-	29940)	/	25412
=	0.03

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	31838	-	1252
=	30586

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	30635	-	695	-	0
=	29940

Just 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: Jun. 2023 )
=	(30586	-	29940)	/	28203.1
=	0.02

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	31838	-	1252
=	30586

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	30635	-	695	-	0
=	29940

* 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.

Just Group Scaled Net Operating Assets Related Terms

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

Just Group (LSE:JUST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Just Group PLC (LSE:JUST) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

JUSTl:UK

Address

Bancroft Road, Enterprise House, Reigate, Surrey, GBR, RH2 7RP

Website

https://www.justgroupplc.co.uk

Just Group PLC is a financial service company that offers retirement management services through products, advisory, and professional services. The company's client base includes individuals, financial intermediaries, corporate clients, and pension plan trustees. The insurance segment writes insurance products for the retirement market - which include Guaranteed Income for Life Solutions, Defined Benefit De-risking Solutions, Care Plans, Flexible Pension Plans, and Protection and invests the premiums received from these contracts in debt securities, gilts, liquidity funds, and Lifetime Mortgage advances. The Other segment also includes the group's corporate activities that are involved in managing its liquidity, capital, and investment activities.