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Enstar Group (FRA:48R) Scaled Net Operating Assets : 0.10 (As of Sep. 2024)


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What is Enstar Group 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.

Enstar Group's operating assets for the quarter that ended in Sep. 2024 was €12,881 Mil. Enstar Group's operating liabilities for the quarter that ended in Sep. 2024 was €11,104 Mil. Enstar Group's Total Assets for the quarter that ended in Jun. 2024 was €18,483 Mil. Therefore, Enstar Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.10.


Enstar Group 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.

Enstar Group'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 )
=(18660.033-12318.978)/20913.376
=0.30

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=19177.221 - 517.188
=18660.033

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=13998.005 - 1679.027 - 0
=12318.978

Enstar Group'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 )
=(12880.696-11103.924)/18483.384
=0.10

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=18250.656 - 5369.96
=12880.696

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12755.457 - 1651.533 - 0
=11103.924

* 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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Enstar Group Business Description

Traded in Other Exchanges
Address
26 Reid Street, A.S. Cooper Building, 4th Floor, Hamilton, BMU, HM 11
Enstar Group Ltd is a (re)insurance group that offers capital release solutions through its network of group companies. It seeks to create value by managing (re)insurance companies and portfolios of (re)insurance and other liability businesses in run-off and striving to generate an attractive risk-adjusted return from its investment portfolio. Its operations are through four reportable segments: Run-off, Assumed Life, Investments, and Legacy Underwriting.