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Fairfax Financial Holdings (FRA:FFX) Scaled Net Operating Assets : 0.32 (As of Sep. 2024)


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What is Fairfax Financial Holdings 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.

Fairfax Financial Holdings's operating assets for the quarter that ended in Sep. 2024 was €79,092 Mil. Fairfax Financial Holdings's operating liabilities for the quarter that ended in Sep. 2024 was €51,442 Mil. Fairfax Financial Holdings's Total Assets for the quarter that ended in Jun. 2024 was €86,846 Mil. Therefore, Fairfax Financial Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.32.

Fairfax Financial 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.

Fairfax Financial Holdings'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 )
=(79067.317-49046.203)/74404.664
=0.40

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=84350.337 - 5283.02
=79067.317

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=58948.611 - 9177.428 - 724.98
=49046.203

Fairfax Financial Holdings'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 )
=(79092.032-51441.514)/86845.707
=0.32

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=87051.286 - 7959.254
=79092.032

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=61092.035 - 9650.521 - 0
=51441.514

* 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.

Fairfax Financial Holdings Scaled Net Operating Assets Related Terms

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Fairfax Financial Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fairfax Financial Holdings Ltd (FRA:FFX) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
FXFLF.PFD:USA FRFZF.PFD:USA FRFXF.PFD:USA FRFHF:USA FRFGF.PFD:USA FRFFF.PFD:USA FAXXF.PFD:USA FAXRF.PFD:USA 0KV5:UK FFX:Germany FFH.U:Canada FFH.PR.M.PFD:Canada FFH.PR.K.PFD:Canada FFH.PR.J.PFD:Canada FFH.PR.I.PFD:Canada FFH.PR.H.PFD:Canada FFH.PR.G.PFD:Canada FFH.PR.F.PFD:Canada FFH.PR.E.PFD:Canada FFH.PR.D.PFD:Canada FFH.PR.C.PFD:Canada FFH:Canada
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Website
https://www.fairfax.ca
Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.