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MURGF (Munchener Ruckversicherungs-Gesellschaft AG) Scaled Net Operating Assets : 0.12 (As of Mar. 2025)


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What is Munchener Ruckversicherungs-Gesellschaft 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.

Munchener Ruckversicherungs-Gesellschaft AG's operating assets for the quarter that ended in Mar. 2025 was $299,592 Mil. Munchener Ruckversicherungs-Gesellschaft AG's operating liabilities for the quarter that ended in Mar. 2025 was $262,686 Mil. Munchener Ruckversicherungs-Gesellschaft AG's Total Assets for the quarter that ended in Dec. 2024 was $300,016 Mil. Therefore, Munchener Ruckversicherungs-Gesellschaft AG's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 0.12.

Munchener Ruckversicherungs-Gesellschaft 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.

Munchener Ruckversicherungs-Gesellschaft AG's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(290307.854-259108.901)/298574.7
=0.10

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=300015.707 - 9707.853
=290307.854

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=265727.749 - 6618.848 - 0
=259108.901

Munchener Ruckversicherungs-Gesellschaft AG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2025 )
=(Operating Assets (Q: Mar. 2025 )-Operating Liabilities (Q: Mar. 2025 ))/Total Assets (Q: Dec. 2024 )
=(299592.433-262686.487)/300015.707
=0.12

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=305530.811 - 5938.378
=299592.433

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=269518.919 - 6832.432 - 0
=262686.487

* 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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Munchener Ruckversicherungs-Gesellschaft AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Munchener Ruckversicherungs-Gesellschaft AG (OTCPK:MURGF) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
MURGY:USA MUV2:Mexico 1MUV2:Italy MUV2d:UK 0KFE:UK MUV2:Germany
Address
Koniginstrasse 107, Munich, BY, DEU, 80802
Website
https://www.munichre.com
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independently of primaries. In those early days, most reinsurers typically focused on a few strong customers. Thieme focused on a broader set of cedents to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich Re introduced the first machinery insurance. After Thieme and Wilhelm von Fink founded Allianz, this was the main channel to sell insurance on machinery. We believe the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
Executives
Michael Kerner Board of Directors