Talanx AG (XTER:TLX) Scaled Net Operating Assets : -0.54 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Talanx 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.

Talanx AG's operating assets for the quarter that ended in Dec. 2023 was €55,035 Mil. Talanx AG's operating liabilities for the quarter that ended in Dec. 2023 was €143,448 Mil. Talanx AG's Total Assets for the quarter that ended in Sep. 2023 was €163,350 Mil. Therefore, Talanx AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.54.

Talanx 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.

Talanx AG'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 )
=	(164245	-	143448)	/	158479
=	0.13

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	169347	-	5102
=	164245

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	152553	-	9105	-	0
=	143448

Talanx AG'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 )
=	(55035	-	143448)	/	163350
=	-0.54

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	169347	-	114312
=	55035

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	152553	-	9105	-	0
=	143448

* 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.

Talanx AG Scaled Net Operating Assets Related Terms

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

Talanx AG (XTER:TLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Talanx AG (XTER:TLX) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

0QA8:UK TLXd:UK TLX:Germany TLX:Germany TLX:Germany

Address

HDI-Platz 1, Hannover, NI, DEU, 30659

Website

https://www.talanx.com

Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.

Executives

Sebastian Gascard

Supervisory Board