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Coface (XPAR:COFA) Scaled Net Operating Assets : 0.23 (As of Sep. 2023)


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What is Coface 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.

Coface's operating assets for the quarter that ended in Sep. 2023 was €4,857 Mil. Coface's operating liabilities for the quarter that ended in Sep. 2023 was €3,105 Mil. Coface's Total Assets for the quarter that ended in Jun. 2023 was €7,718 Mil. Therefore, Coface's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2023 was 0.23.

Coface 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.

Coface'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 )
=(7896.827-4746.97)/8039.006
=0.39

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8450.613 - 553.786
=7896.827

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6488.402 - 1741.432 - 0
=4746.97

Coface's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2023 )
=(Operating Assets (Q: Sep. 2023 )-Operating Liabilities (Q: Sep. 2023 ))/Total Assets (Q: Jun. 2023 )
=(4856.946-3105.273)/7718.432
=0.23

where

Operating Assets(Q: Sep. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=7758.857 - 2901.911
=4856.946

Operating Liabilities(Q: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5773.09 - 2667.817 - 0
=3105.273

* 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.

Coface Scaled Net Operating Assets Related Terms

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Coface (XPAR:COFA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Coface SA (XPAR:COFA) » Definitions » Scaled Net Operating Assets
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XPAR:SCR XTER:MUV2 XSWX:SREN XTER:HNR1 EG RNR RGA BOM:540755 HKSE:01508 SPNT TSX:BNRE LSE:CRE XKRX:003690 BSP:IRBR3 XZIM:ZIMR.ZW TPE:2851 SAU:8200 GLRE XLJU:POSR KUW:KUWAITRE
Traded in Other Exchanges
COFAF:USA CFACY:USA 0QVK:UK 65C:Germany
Address
1, place Costes et Bellonte, CS 20003, Bois-Colombes, FRA, 92270
Website
https://www.coface.com
Coface SA is a property and casualty insurance company. The vast majority of its revenue is generated by its group reinsurance business. Most of the company's sales are generated in Europe. The company offers credit insurance products to protect companies against potentially uncollected payments from their customers. Coface's strategy focuses on risk management. The company considers merger and acquisition investment as a component of its operational growth strategy.