GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tryg A/S (FRA:T2V1) » Definitions » Scaled Net Operating Assets

Tryg A/S (FRA:T2V1) Scaled Net Operating Assets : 0.40 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Tryg A/S 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.

Tryg A/S's operating assets for the quarter that ended in Mar. 2024 was €14,338 Mil. Tryg A/S's operating liabilities for the quarter that ended in Mar. 2024 was €8,205 Mil. Tryg A/S's Total Assets for the quarter that ended in Dec. 2023 was €15,153 Mil. Therefore, Tryg A/S's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.40.

Tryg A/S 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.

Tryg A/S'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 )
=(14732.536-8047.296)/15241.186
=0.44

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=15152.745 - 420.209
=14732.536

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9739.134 - 1664.736 - 27.102
=8047.296

Tryg A/S'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 )
=(14338.068-8205.271)/15152.745
=0.40

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14883.647 - 545.579
=14338.068

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9676.107 - 1470.836 - 0
=8205.271

* 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.

Tryg A/S Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Tryg A/S's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Tryg A/S (FRA:T2V1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tryg A/S (FRA:T2V1) » Definitions » Scaled Net Operating Assets
Comparable Companies
OCSE:TOP OCSE:ALMB BRK.A XPAR:CS XSWX:ZURN AIG MIL:G ACGL TSX:SLF OHEL:SAMPO XTER:TLX XSWX:SLHN LSE:AV. BSP:BBSE3 XAMS:NN EQH XAMS:AGN XAMS:ASRNL BOM:540716 BSP:CXSE3
Traded in Other Exchanges
TRYGc:UK 0R78:UK TRYG:Denmark T2V1:Germany
Address
Klausdalsbrovej 601, Ballerup, DNK, 2750
Website
https://www.tryg.com
Tryg A/S is a diversified insurance company. The company operates in multiple segments, including private, commercial, corporate, and other. The company's private segment, which focuses on general insurance products and services for private individuals in Denmark and Norway, generates the vast majority of the company's revenue. The company generates most of its revenue in Denmark, followed by Norway and Sweden. The firm considers merger and acquisition investment as a component of its operational growth strategy.