Aspen Insurance Holdings (FRA:8ZV) Scaled Net Operating Assets: -0.24 (As of Dec. 2025)

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FRA:8ZV Aspen Insurance Holdings Ltd FRA:8ZV
31 GF Score
Price €31.00
! 4 Warning Signs
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What is Aspen Insurance Holdings Scaled Net Operating Assets?

Aspen Insurance Holdings FRA:8ZV 31 Scaled Net Operating Assets is -0.24 as of Dec. 2025. GuruFocus rates FRA:8ZV with a GF Score™ of 31/100. The stock has 4 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.

Aspen Insurance Holdings's operating assets for the quarter that ended in Dec. 2025 was €7,156 Mil. Aspen Insurance Holdings's operating liabilities for the quarter that ended in Dec. 2025 was €10,524 Mil. Aspen Insurance Holdings's Total Assets for the quarter that ended in Sep. 2025 was €13,981 Mil. Therefore, Aspen Insurance Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was -0.24.

FRA:8ZV
31GF Score
Aspen Insurance Holdings Ltd FRA:8ZV
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspen Insurance 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.

Aspen Insurance 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 )
=(12511.783-10523.842)/15039.818
=0.13

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=13928.398 - 1416.615
=12511.783

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10832.563 - 308.721 - 0
=10523.842

Aspen Insurance Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Sep. 2025 )
=(7156.093-10523.842)/13981.235
=-0.24

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=13928.398 - 6772.305
=7156.093

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10832.563 - 308.721 - 0
=10523.842

* 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 -0.24 mean?
Aspen Insurance Holdings (FRA:8ZV) has a Scaled Net Operating Assets of -0.24 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Aspen Insurance Holdings and its competitors.
Is Aspen Insurance Holdings' Scaled Net Operating Assets too high?
Aspen Insurance Holdings' current Scaled Net Operating Assets is -0.24. Overall, Aspen Insurance Holdings has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Aspen Insurance Holdings' Scaled Net Operating Assets compare to CB and PGR?
Aspen Insurance Holdings' Scaled Net Operating Assets of -0.24 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 Aspen Insurance Holdings and its competitors. Aspen Insurance Holdings's current Scaled Net Operating Assets is -0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Insurance Holdings stock overvalued right now?
Aspen Insurance Holdings (FRA:8ZV) has a current Scaled Net Operating Assets of -0.24. The current Scaled Net Operating Assets is -0.24. Aspen Insurance Holdings' overall GF Score™ is 31/100 with 4 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 Aspen Insurance Holdings (FRA:8ZV), the current Scaled Net Operating Assets is -0.24 as of Dec. 2025. 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.

Aspen Insurance Holdings Business Description

Other Exchanges AHLpE.PFD:USAAHLpD.PFD:USA
Address 100 Pitts Bay Road, Waterloo House, Pembroke, BMU, HM08
Aspen Insurance Holdings Ltd is a Bermudian insurance and reinsurance company. Its principal business is marketing and underwriting specialty insurance and reinsurance regularly. It comprises underwriting operations, which include risk-bearing insurance and reinsurance operations; Investing activities, which support underwriting operations; and ACM operations, which earn underwriting, management, and performance fees. It has two segments: Aspen Insurance and Aspen Reinsurance. Aspen Insurance consists of property and casualty insurance, marine, aviation, energy insurance, and financial and professional lines insurance. Aspen Reinsurance comprises property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty reinsurance.
31GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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