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XL Group (FRA:XLF) Scaled Net Operating Assets : 0.18 (As of Jun. 2018)


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What is XL 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.

XL Group's operating assets for the quarter that ended in Jun. 2018 was €51,406 Mil. XL Group's operating liabilities for the quarter that ended in Jun. 2018 was €42,040 Mil. XL Group's Total Assets for the quarter that ended in Mar. 2018 was €52,989 Mil. Therefore, XL Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2018 was 0.18.

XL 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.

XL Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2017 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2017 )
=(Operating Assets (A: Dec. 2017 )-Operating Liabilities (A: Dec. 2017 ))/Total Assets (A: Dec. 2016 )
=(50700.238-41197.254)/55395.529
=0.17

where

Operating Assets(A: Dec. 2017 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=53603.619 - 2903.381
=50700.238

Operating Liabilities(A: Dec. 2017 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=43918.804 - 2721.55 - 0
=41197.254

XL Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2018 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2018 )
=(Operating Assets (Q: Jun. 2018 )-Operating Liabilities (Q: Jun. 2018 ))/Total Assets (Q: Mar. 2018 )
=(51406.154-42039.667)/52989.088
=0.18

where

Operating Assets(Q: Jun. 2018 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=54429.521 - 3023.367
=51406.154

Operating Liabilities(Q: Jun. 2018 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44793.524 - 2753.857 - 0
=42039.667

* 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.

XL Group Scaled Net Operating Assets Related Terms

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XL Group (FRA:XLF) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
Website
http://www.xlgroup.com
With more than $10 billion of equity, XL is a significant player in the global insurance market. XL Insurance offers commercial and specialty insurance for risks, including satellites and horses. XL Re reinsures catastrophe, marine, and other risks. XL Financial guarantees investment contracts, designs structured weather-risk reinsurance products, and provides other specialty risk-management services, but XL is exiting some of these areas following recent stumbles.