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American Financial Group (FRA:QFI) Scaled Net Operating Assets : 0.14 (As of Mar. 2024)


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What is American Financial 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.

American Financial Group's operating assets for the quarter that ended in Mar. 2024 was €26,180 Mil. American Financial Group's operating liabilities for the quarter that ended in Mar. 2024 was €22,343 Mil. American Financial Group's Total Assets for the quarter that ended in Dec. 2023 was €27,315 Mil. Therefore, American Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.14.

American Financial 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.

American Financial 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 )
=(26191.354-22057.518)/27216.464
=0.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27314.679 - 1123.325
=26191.354

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23410.093 - 1352.575 - 0
=22057.518

American Financial Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(26180.44-22343.12)/27314.679
=0.14

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=27600.92 - 1420.48
=26180.44

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=23700.12 - 1357 - 0
=22343.12

* 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.

American Financial Group Scaled Net Operating Assets Related Terms

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American Financial Group (FRA:QFI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Financial Group Inc (FRA:QFI) » Definitions » Scaled Net Operating Assets
Comparable Companies
CNA KNSL RLI SIGI THG L WTM CINF KMPR MCY PGR CB TSE:8766 TRV ALL HKSE:01339 TSX:IFC HKSE:02328 HIG TSE:8725
Traded in Other Exchanges
AFG:USA
Address
301 East Fourth Street, Cincinnati, OH, USA, 45202
Website
https://www.afginc.com
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.