Porto Seguro (BSP:PSSA3) Scaled Net Operating Assets : 0.23 (As of Dec. 2023)

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What is Porto Seguro 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.

Porto Seguro's operating assets for the quarter that ended in Dec. 2023 was R$43,134 Mil. Porto Seguro's operating liabilities for the quarter that ended in Dec. 2023 was R$30,501 Mil. Porto Seguro's Total Assets for the quarter that ended in Sep. 2023 was R$54,678 Mil. Therefore, Porto Seguro's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.23.

Porto Seguro 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.

Porto Seguro'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 )
=	(43134.196	-	30501.222)	/	39914.39
=	0.32

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	44239.599	-	1105.403
=	43134.196

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	31741.801	-	1221.692	-	18.887
=	30501.222

Porto Seguro'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: Sep. 2023 )
=	(43134.196	-	30501.222)	/	54678.125
=	0.23

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	44239.599	-	1105.403
=	43134.196

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	31741.801	-	1221.692	-	18.887
=	30501.222

* 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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Porto Seguro (BSP:PSSA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Porto Seguro SA (BSP:PSSA3) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

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Address

Alameda Barao de Piracicaba, No. 740, Bloco B (Edifício Rosa Garfinkel) – 11th Floor, Campos Eliseos, Sao Paulo, SP, BRA

Website

https://www.portoseguro.com.br

Porto Seguro SA is one of Brazil's largest diversified insurance companies that cover vehicles and residential homes. The company provides a wide range of services including risk underwriting analysis, bike assistance, and surveillance. Porto Seguro has also implemented credit card and mobile products. The company aims to provide products that meet several market segments' needs through the following brands: Porto Seguro, Itau Auto e Residencia, and Azul Seguros. Porto Seguro's operating structure is split between brokers, service providers, automotive centers, and branches.