ARX (Accelerant Holdings) Scaled Net Operating Assets: -0.17 (As of Jun. 2026)

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ARX Accelerant Holdings ARX
12 GF Score
Price $19.84
! 3 Warning Signs
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What is Accelerant Holdings Scaled Net Operating Assets?

Accelerant Holdings ARX -0.20% 12 Scaled Net Operating Assets is -0.17 as of Jun. 2026. GuruFocus rates ARX with a GF Score™ of 12/100. The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Accelerant Holdings's operating assets for the quarter that ended in Jun. 2026 was $6,625 Mil. Accelerant Holdings's operating liabilities for the quarter that ended in Jun. 2026 was $8,079 Mil. Accelerant Holdings's Total Assets for the quarter that ended in Mar. 2026 was $8,604 Mil. Therefore, Accelerant Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was -0.17.

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Accelerant Holdings ARX
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Accelerant Holdings 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.

Accelerant Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(6463.8-7415.4)/6094.9
=-0.16

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8263.1 - 1799.3
=6463.8

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=7536.7 - 121.3 - 0
=7415.4

Accelerant Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(6624.8-8079.2)/8604.1
=-0.17

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=8943.3 - 2318.5
=6624.8

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8199.3 - 120.1 - 0
=8079.2

* 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.

What does a Scaled Net Operating Assets of -0.17 mean?
Accelerant Holdings (ARX) has a Scaled Net Operating Assets of -0.17 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Accelerant Holdings and its competitors.
Is Accelerant Holdings' Scaled Net Operating Assets too high?
Accelerant Holdings' current Scaled Net Operating Assets is -0.17. Overall, Accelerant Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Accelerant Holdings' Scaled Net Operating Assets compare to BWIN and NP?
Accelerant Holdings' Scaled Net Operating Assets of -0.17 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Accelerant Holdings and its competitors. Accelerant Holdings's current Scaled Net Operating Assets is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerant Holdings stock overvalued right now?
Accelerant Holdings (ARX) has a current Scaled Net Operating Assets of -0.17. The current Scaled Net Operating Assets is -0.17. Accelerant Holdings' overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Accelerant Holdings (ARX), the current Scaled Net Operating Assets is -0.17 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Accelerant Holdings Business Description

Address c/o Accelerant Re (Cayman) Ltd, West Bay Road, Unit 106, Windward 3, Regatta Office Park, Grand Cayman, CYM, KY1-1108
Accelerant Holdings operates as a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The company operates in three segments: Exchange Services, MGA Operations, and Underwriting. The majority of its revenue is generated from the Underwriting segment, which contains all revenue and expenses associated with the underwriting of insurance policies and assumption of reinsurance policies issued or accepted by Accelerant's consolidated insurance and reinsurance companies. Geographically, it operates in North America, the UK, and the EU, out of which it derives maximum revenue from North America.
12GF Score

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