Hiscox (LSE:HSX) Scaled Net Operating Assets : 0.28 (As of Dec. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Hiscox 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.

Hiscox's operating assets for the quarter that ended in Dec. 2024 was £7,921 Mil. Hiscox's operating liabilities for the quarter that ended in Dec. 2024 was £5,385 Mil. Hiscox's Total Assets for the quarter that ended in Jun. 2024 was £8,913 Mil. Therefore, Hiscox's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.28.

Hiscox 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.

Hiscox'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 )
=	(7920.916	-	5385.049)	/	8737.795
=	0.29

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	8891.473	-	970.557
=	7920.916

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5972.762	-	581.939	-	5.774
=	5385.049

Hiscox'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: Jun. 2024 )
=	(7920.916	-	5385.049)	/	8912.69
=	0.28

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	8891.473	-	970.557
=	7920.916

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	5972.762	-	581.939	-	5.774
=	5385.049

* 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.

Hiscox Scaled Net Operating Assets Related Terms

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

Hiscox Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hiscox Ltd (LSE:HSX) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

HCXLY:USA HCXLF:USA HSXl:UK H2X3:Germany H2X3:Germany

Address

96 Pitts Bay Road, Chesney House, Pembroke, BMU, HM 08

Website

https://www.hiscoxgroup.com

Hiscox Ltd is a property and casualty insurance company. The company aims to balance catastrophe-exposed businesses with less volatile local specialty businesses. Its product offerings include property, casualty, crisis management (covering terrorism and kidnap and ransom), marine, energy, and specialty areas like space insurance. The company's operating segments consist of Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Center. The majority of the revenue is generated from its Hiscox Retail segment, which represents retail business divisions in the UK, Europe, the USA, and Asia. Geographically, the company earns insurance revenue from places like the United States, which generates key revenue, as well as the United Kingdom, Europe, and other regions.