GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ray Sigorta AS (IST:RAYSG) » Definitions » Scaled Net Operating Assets

Ray Sigorta AS (IST:RAYSG) Scaled Net Operating Assets : -0.49 (As of Dec. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Ray Sigorta AS 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.

Ray Sigorta AS's operating assets for the quarter that ended in Dec. 2024 was ₺11,557 Mil. Ray Sigorta AS's operating liabilities for the quarter that ended in Dec. 2024 was ₺21,242 Mil. Ray Sigorta AS's Total Assets for the quarter that ended in Sep. 2024 was ₺19,901 Mil. Therefore, Ray Sigorta AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.49.

Ray Sigorta AS 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.

Ray Sigorta AS'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 )
=(12163.713-21241.806)/10864.866
=-0.84

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=25623.099 - 13459.386
=12163.713

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21244.03 - 1.478 - 0.746
=21241.806

Ray Sigorta AS'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 )
=(11556.85-21241.806)/19901.208
=-0.49

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=25623.099 - 14066.249
=11556.85

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21244.03 - 1.478 - 0.746
=21241.806

* 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.

Ray Sigorta AS Scaled Net Operating Assets Related Terms

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

Ray Sigorta AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ray Sigorta AS (IST:RAYSG) » Definitions » Scaled Net Operating Assets
Comparable Companies
IST:ANSGR IST:AGESA IST:AKGRT BRK.A XTER:ALV XSWX:ZURN XPAR:CS MIL:G AIG ACGL TSX:SLF XTER:TLX XSWX:SLHN OHEL:SAMPO LSE:AV. XAMS:NN OCSE:TRYG BSP:BBSE3 TSX:BNT XAMS:ASRNL
Traded in Other Exchanges
N/A
Address
Haydar Aliyev Caddesi No.28, Cumhuriyet Mahallesi, Tarabya, Istanbul, TUR, 34457
Website
https://www.raysigorta.com.tr
Ray Sigorta AS is a Turkey-based insurance company. It offers motor, household and health insurances. The motor insurance covers accidents such as the collision of the car with other motor or no-motor vehicles used on the road or railroad. Its household insurance secures house and goods against many risks such as fire, robbery, earthquake, and floods. The health insurance product consists of emergency health insurance, complementary health insurance, health insurance for foreigners and travel health insurance. Additionally, it also provides contracted health institutions and contracted auto services.