Net Insurance SpA (MIL:NET) Scaled Net Operating Assets : -0.22 (As of Dec. 2022)

View and export this data going back to 2013. Start your Free Trial

What is Net Insurance SpA 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.

Net Insurance SpA's operating assets for the quarter that ended in Dec. 2022 was €383.04 Mil. Net Insurance SpA's operating liabilities for the quarter that ended in Dec. 2022 was €515.82 Mil. Net Insurance SpA's Total Assets for the quarter that ended in Jun. 2022 was €596.44 Mil. Therefore, Net Insurance SpA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2022 was -0.22.

Net Insurance SpA 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.

Net Insurance SpA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2022 )
=	(Operating Assets (A: Dec. 2022 )	-	Operating Liabilities (A: Dec. 2022 ))	/	Total Assets (A: Dec. 2021 )
=	(597.657	-	515.817)	/	533.667
=	0.15

where

	Operating Assets		(A: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	604.452	-	6.795
=	597.657

	Operating Liabilities		(A: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	515.817	-	0	-	0
=	515.817

Net Insurance SpA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2022 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2022 )
=	(Operating Assets (Q: Dec. 2022 )	-	Operating Liabilities (Q: Dec. 2022 ))	/	Total Assets (Q: Jun. 2022 )
=	(383.036	-	515.817)	/	596.443
=	-0.22

where

	Operating Assets		(Q: Dec. 2022 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	604.452	-	221.416
=	383.036

	Operating Liabilities		(Q: Dec. 2022 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	515.817	-	0	-	0
=	515.817

* 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.

Net Insurance SpA Scaled Net Operating Assets Related Terms

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

Net Insurance SpA (MIL:NET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Net Insurance SpA (MIL:NET) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Giuseppe Antonio Guattani, 4, Rome, ITA, 00161

Website

http://www.netinsurance.it

Net Insurance SpA is an insurance company that offers protection solutions dedicated to individuals, families and small and medium enterprises. It offers property insurance against fire, theft, burglary, or natural disasters; credit insurance; leased property insurance; accident and sickness insurance; and among others. The Group is engaged both in Non-Life and Life insurance.