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Unipol Gruppo SpA (CHIX:UNIM) Scaled Net Operating Assets : -0.35 (As of Jun. 2024)


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What is Unipol Gruppo 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.

Unipol Gruppo SpA's operating assets for the quarter that ended in Jun. 2024 was €37,445 Mil. Unipol Gruppo SpA's operating liabilities for the quarter that ended in Jun. 2024 was €65,561 Mil. Unipol Gruppo SpA's Total Assets for the quarter that ended in Dec. 2023 was €79,458 Mil. Therefore, Unipol Gruppo SpA's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.35.


Unipol Gruppo 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.

Unipol Gruppo SpA'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 )
=(77640-64643)/73025
=0.18

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=79458 - 1818
=77640

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=69659 - 5016 - 0
=64643

Unipol Gruppo SpA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(37445-65561)/79458
=-0.35

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=80237 - 42792
=37445

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71112 - 5551 - 0
=65561

* 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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Unipol Gruppo SpA Business Description

Traded in Other Exchanges
Address
Via Stalingrado, 45, Bologna, ITA, 40128
Unipol Gruppo SpA together with its subsidiaries is engaged in providing insurance and banking products in Italy. It offers life insurance, non-life insurance, car insurance and loans for entrepreneurial activities. It operates and has two reportable segments such as Non-Life insurance business, Life insurance business. It makes majority of its revenue from Life insurance business segment.