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Vatryggingafelag Islands hf (OISE:VIS) Scaled Net Operating Assets : 0.54 (As of Mar. 2024)


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What is Vatryggingafelag Islands hf 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.

Vatryggingafelag Islands hf's operating assets for the quarter that ended in Mar. 2024 was kr68,551 Mil. Vatryggingafelag Islands hf's operating liabilities for the quarter that ended in Mar. 2024 was kr33,225 Mil. Vatryggingafelag Islands hf's Total Assets for the quarter that ended in Dec. 2023 was kr65,468 Mil. Therefore, Vatryggingafelag Islands hf's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.54.

Vatryggingafelag Islands hf 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.

Vatryggingafelag Islands hf'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 )
=(63197.076-30856.585)/50154.414
=0.64

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=65467.768 - 2270.692
=63197.076

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44295.835 - 7211.865 - 6227.385
=30856.585

Vatryggingafelag Islands hf'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 )
=(68550.771-33224.552)/65467.768
=0.54

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=70940.002 - 2389.231
=68550.771

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50126.089 - 8997.899 - 7903.638
=33224.552

* 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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Vatryggingafelag Islands hf (OISE:VIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Vatryggingafelag Islands hf (OISE:VIS) » Definitions » Scaled Net Operating Assets
Comparable Companies
OISE:MAREL OISE:NOVA OISE:SIMINN OISE:FESTI OISE:HAGA OISE:SVN OISE:SJOVA OISE:REITIR OISE:BRIM OISE:KVIKA BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG ACGL MIL:G TSX:SLF HIG OHEL:SAMPO
Traded in Other Exchanges
N/A
Address
Ármúla 3, Reykjavik, ISL, 108
Website
https://www.vis.is
Vatryggingafelag Islands hf is an insurance company based in Iceland. The company's operating segments include Casuality insurance, Life insurance, and Financial activities. It generates a majority of its revenue from the Casuality insurance segment.