R&Q Insurance Holdings (LSE:RQIH) Scaled Net Operating Assets : 0.06 (As of Jun. 2023)

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What is R&Q Insurance Holdings 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.

R&Q Insurance Holdings's operating assets for the quarter that ended in Jun. 2023 was £4,515.4 Mil. R&Q Insurance Holdings's operating liabilities for the quarter that ended in Jun. 2023 was £4,210.5 Mil. R&Q Insurance Holdings's Total Assets for the quarter that ended in Dec. 2022 was £4,856.1 Mil. Therefore, R&Q Insurance Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.06.

R&Q Insurance Holdings 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.

R&Q Insurance Holdings'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 )
=	(4596.615	-	4416.488)	/	3805.722
=	0.05

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4856.133	-	259.518
=	4596.615

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4704.084	-	265.84	-	21.756
=	4416.488

R&Q Insurance Holdings'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 )
=	(4515.43	-	4210.509)	/	4856.133
=	0.06

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4674.226	-	158.796
=	4515.43

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4474.483	-	263.974	-	0
=	4210.509

* 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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R&Q Insurance Holdings (LSE:RQIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » R&Q Insurance Holdings Ltd (LSE:RQIH) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

RQIHF:USA

Address

40 Church Street, FB Perry Building, PO Box HM 650, Hamilton, BMU, HM HX

Website

https://www.rqih.com

R&Q Insurance Holdings Ltd provides services of legacy acquisitions and program management. The company together with its subsidiaries owns and manages insurance companies as underwriting managers for active insurers. The company's segment includes Legacy Insurance, Program Management, and Corporate / Other. It generates maximum revenue from the Legacy segment. Legacy segment acquires legacy portfolios and insurance debt and provides capital support to the Group's managed Lloyd's Syndicates. Geographically, it derives a majority of revenue from North America and also has a presence in the United Kingdom and Europe.