GBLI (Global Indemnity Group LLC) Scaled Net Operating Assets: -0.36 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GBLI Global Indemnity Group LLC GBLI
59 GF Score
Price $29.50
GF Value $29.14
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Global Indemnity Group LLC Scaled Net Operating Assets?

Global Indemnity Group LLC GBLI +3.44% 59 Scaled Net Operating Assets is -0.36 as of Jun. 2026. GuruFocus rates GBLI with a GF Score™ of 59/100 and a GF Value™ of $29.14 (Fairly Valued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Global Indemnity Group LLC's operating assets for the quarter that ended in Jun. 2026 was $398.9 Mil. Global Indemnity Group LLC's operating liabilities for the quarter that ended in Jun. 2026 was $1,004.9 Mil. Global Indemnity Group LLC's Total Assets for the quarter that ended in Mar. 2026 was $1,680.1 Mil. Therefore, Global Indemnity Group LLC's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was -0.36.

GBLI
59GF Score
Global Indemnity Group LLC GBLI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Indemnity Group LLC 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.

Global Indemnity Group LLC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1655.22-1005.841)/1731.253
=0.38

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1720.762 - 65.542
=1655.22

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1014.172 - 8.331 - 0
=1005.841

Global Indemnity Group LLC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(398.911-1004.861)/1680.116
=-0.36

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1723.493 - 1324.582
=398.911

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1012.588 - 7.727 - 0
=1004.861

* 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.

What does a Scaled Net Operating Assets of -0.36 mean?
Global Indemnity Group LLC (GBLI) has a Scaled Net Operating Assets of -0.36 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Global Indemnity Group LLC and its competitors.
Is Global Indemnity Group LLC's Scaled Net Operating Assets too high?
Global Indemnity Group LLC's current Scaled Net Operating Assets is -0.36. Overall, Global Indemnity Group LLC has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Indemnity Group LLC's Scaled Net Operating Assets compare to ACIC and AII?
Global Indemnity Group LLC's Scaled Net Operating Assets of -0.36 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Global Indemnity Group LLC and its competitors. Global Indemnity Group LLC's current Scaled Net Operating Assets is -0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Indemnity Group LLC stock overvalued right now?
Based on GuruFocus' analysis, Global Indemnity Group LLC (GBLI) is currently considered Fairly Valued. The stock's GF Value™ is $29.14, compared to a current price of $29.50 — trading 1.2% above its estimated fair value. The current Scaled Net Operating Assets is -0.36. Global Indemnity Group LLC's overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Global Indemnity Group LLC (GBLI), the current Scaled Net Operating Assets is -0.36 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global Indemnity Group LLC (GBLI) Overvalued in 2026?

Based on GuruFocus' analysis, Global Indemnity Group LLC stock appears to be overvalued. The current stock price of $29.50 is trading 1.2% above its estimated GF Value™ of $29.14. GuruFocus considers Global Indemnity Group LLC to be Fairly Valued.

Key valuation signals for GBLI:

  • Scaled Net Operating Assets: -0.36
  • GF Value™: $29.14 vs. price of $29.50 (1.2% above fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the GBLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Global Indemnity Group LLC Business Description

Address 112 S. French Street, Suite 105, Wilmington, DE, USA, 19801
Global Indemnity Group LLC is a United States-based holding company with a diversified portfolio of property and casualty insurance-related entities. Along with its subsidiaries, the company operates in the following reportable segments: Agency and Insurance Services, Belmont Insurance Companies - Core (Belmont Core), and Belmont Insurance Companies - Non-Core (Belmont Non-Core). Maximum revenue is generated from the Belmont Core segment, which offers direct insurance and assumed reinsurance products in the E&S (Excess and Surplus) marketplace. The Agency and Insurance Services segment is focused on sourcing, underwriting, and servicing primary and assumed reinsurance business; and specialized insurance service businesses providing technology, AI-enabled marketplace, and claims services.
59GF Score

Get the complete analysis for GBLI

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.50
Price
$29.14
GF Value