Vienna Insurance Group AG (WBO:VIG) Scaled Net Operating Assets : -0.38 (As of Dec. 2023)

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What is Vienna Insurance Group AG 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.

Vienna Insurance Group AG's operating assets for the quarter that ended in Dec. 2023 was €22,775 Mil. Vienna Insurance Group AG's operating liabilities for the quarter that ended in Dec. 2023 was €40,910 Mil. Vienna Insurance Group AG's Total Assets for the quarter that ended in Jun. 2023 was €48,131 Mil. Therefore, Vienna Insurance Group AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.38.

Vienna Insurance Group AG 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.

Vienna Insurance Group AG'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 )
=	(47195.693	-	40909.508)	/	47217.657
=	0.13

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	48753.8	-	1558.107
=	47195.693

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	42724.07	-	1814.562	-	0
=	40909.508

Vienna Insurance Group AG'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 )
=	(22775.329	-	40909.508)	/	48131.369
=	-0.38

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	48753.8	-	25978.471
=	22775.329

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	42724.07	-	1814.562	-	0
=	40909.508

* 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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Vienna Insurance Group AG (WBO:VIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Vienna Insurance Group AG (WBO:VIG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

VIG:Hungary 0MZX:UK WSV2:Germany VIG:Czech Republic

Address

Schottenring 30, Vienna, AUT, 1010

Website

https://www.vig.com

Vienna Insurance Group AG is a diversified insurance company that offers property and casualty, life, and health insurance products. The company maintains its goal of consolidating market leadership in Austria while taking advantage of the growth potential in Central and Eastern Europe. The company generates most of its revenue in Austria, followed by the Czech Republic and Poland. The company considers merger and acquisition investment as a component of its operational growth strategy.

Executives

Hartwig Löger	Member of the Managing Board, Deputy Chairman of the Managing Board
Dr. Günter Geyer	Chairman of the Supervisory Board