Protector Forsikring ASA (OSL:PROT) Scaled Net Operating Assets : 0.26 (As of Mar. 2024)

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What is Protector Forsikring ASA 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.

Protector Forsikring ASA's operating assets for the quarter that ended in Mar. 2024 was kr22,321 Mil. Protector Forsikring ASA's operating liabilities for the quarter that ended in Mar. 2024 was kr16,847 Mil. Protector Forsikring ASA's Total Assets for the quarter that ended in Dec. 2023 was kr20,875 Mil. Therefore, Protector Forsikring ASA's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.26.

Protector Forsikring ASA 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.

Protector Forsikring ASA'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 )
=	(20550.9	-	14369.3)	/	16719.1
=	0.37

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	20874.5	-	323.6
=	20550.9

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16345.9	-	1976.6	-	0
=	14369.3

Protector Forsikring ASA'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 )
=	(22320.6	-	16847.3)	/	20874.5
=	0.26

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	23356.7	-	1036.1
=	22320.6

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	18739	-	1891.7	-	0
=	16847.3

* 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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Protector Forsikring ASA (OSL:PROT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PROTCTO:Sweden 0JXF:UK PR4:Germany

Address

Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113

Website

https://www.protectorforsikring.no

Protector Forsikring ASA provides a wide range of insurance products to companies and public organizations, primarily in Norway, Sweden, and Denmark. Protector's products include workers' compensation, group life, accident, health, property, motor, liability, cargo, and change of ownership insurance. Insurance premiums provide nearly all of the company's revenue. Protector's commercial business provides insurance for more than 5,000 companies, most of which have annual insurance premiums between NOK 100,000 and NOK 3 million. The public business provides coverage to more than 500 municipalities and 30 countries.