FGFPP.PFD (Fundamental Global) Scaled Net Operating Assets : 0.82 (As of Sep. 2024)

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What is Fundamental Global 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.

Fundamental Global's operating assets for the quarter that ended in Sep. 2024 was $109.50 Mil. Fundamental Global's operating liabilities for the quarter that ended in Sep. 2024 was $28.71 Mil. Fundamental Global's Total Assets for the quarter that ended in Jun. 2024 was $98.40 Mil. Therefore, Fundamental Global's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.82.

Fundamental Global 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.

Fundamental Global'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 )
=	(63.34	-	23.244)	/	49.475
=	0.81

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	65.736	-	2.396
=	63.34

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	23.244	-	0	-	0
=	23.244

Fundamental Global's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(109.499	-	28.706)	/	98.404
=	0.82

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	115.959	-	6.46
=	109.499

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	32.759	-	1.693	-	2.36
=	28.706

* 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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Fundamental Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fundamental Global Inc (NAS:FGFPP.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

FGF:USA

Address

108 Gateway Boulevard, Suite 204, Mooresville, NC, USA, 28117

Website

https://www.fundamentalglobal.com

Fundamental Global Inc through its subsidiaries operates as diversified insurance, reinsurance, and investment management holding company. The company's segment includes Insurance and Asset Management. It generates maximum revenue from the Insurance segment.