GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Definity Financial Corp (FRA:XR6) » Definitions » Scaled Net Operating Assets

Definity Financial (FRA:XR6) Scaled Net Operating Assets : 0.42 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Definity Financial 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.

Definity Financial's operating assets for the quarter that ended in Dec. 2024 was €4,819 Mil. Definity Financial's operating liabilities for the quarter that ended in Dec. 2024 was €2,707 Mil. Definity Financial's Total Assets for the quarter that ended in Sep. 2024 was €5,010 Mil. Therefore, Definity Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.42.

Definity Financial 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.

Definity Financial's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(4941.037-2706.537)/4961.957
=0.45

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5156.946 - 215.909
=4941.037

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2806.749 - 100.212 - 0
=2706.537

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

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(4818.503-2706.537)/5009.642
=0.42

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5156.946 - 338.443
=4818.503

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2806.749 - 100.212 - 0
=2706.537

* 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.

Definity Financial Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Definity Financial's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Definity Financial Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Definity Financial Corp (FRA:XR6) » Definitions » Scaled Net Operating Assets
Comparable Companies
TSX:ELF TSX:TSU TSX:IAG TSX:SFC TSXV:TIL TSX:BNT TSX:POW PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC HIG TSE:8725 TSX:FFH TSE:8630 MKL
Traded in Other Exchanges
DFYFF:USA DFY:Canada
Address
111 Westmount Road South, Waterloo, ON, CAN, N2L 2L6
Website
https://www.definityfinancial.com
Definity Financial Corp is a property and casualty insurance services provider. It serves the insurance needs of individual, commercial, and farm customers. Its products portfolio includes Personal auto insurance, Personal home insurance, Group auto insurance, Group home insurance, Business property insurance, Business liability insurance, Commercial vehicle insurance, Surety bonds, Oilfield services insurance, General farm insurance, Premier cash crop insurance, and Winery insurance.