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AMERISAFE (FRA:A3I) Scaled Net Operating Assets : 0.12 (As of Sep. 2024)


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What is AMERISAFE 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.

AMERISAFE's operating assets for the quarter that ended in Sep. 2024 was €986.9 Mil. AMERISAFE's operating liabilities for the quarter that ended in Sep. 2024 was €847.3 Mil. AMERISAFE's Total Assets for the quarter that ended in Jun. 2024 was €1,145.9 Mil. Therefore, AMERISAFE's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.12.

AMERISAFE 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.

AMERISAFE'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 )
=(1091.671-858.964)/1198.199
=0.19

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1127.142 - 35.471
=1091.671

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=858.964 - 0 - 0
=858.964

AMERISAFE'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 )
=(986.909-847.261)/1145.948
=0.12

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1130.509 - 143.6
=986.909

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=847.261 - 0 - 0
=847.261

* 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.

AMERISAFE Scaled Net Operating Assets Related Terms

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AMERISAFE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AMERISAFE Inc (FRA:A3I) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
AMSF:USA A3I:Germany
Address
2301 Highway 190 West, DeRidder, LA, USA, 70634
Website
https://www.amerisafe.com
AMERISAFE Inc is a specialty provider of workers' compensation insurance to employers engaged in hazardous industries, mainly construction, trucking, manufacturing, oil and gas, and agriculture. The company generates a majority of its revenue in the form of premiums.