Lancashire Holdings (LSE:LRE) Scaled Net Operating Assets : -0.24 (As of Jun. 2024)

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What is Lancashire Holdings 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.

Lancashire Holdings's operating assets for the quarter that ended in Jun. 2024 was £859 Mil. Lancashire Holdings's operating liabilities for the quarter that ended in Jun. 2024 was £1,585 Mil. Lancashire Holdings's Total Assets for the quarter that ended in Dec. 2023 was £3,082 Mil. Therefore, Lancashire Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.24.

Lancashire Holdings 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.

Lancashire Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(2484.392	-	1518.775)	/	2893.122
=	0.33

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3082.343	-	597.951
=	2484.392

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1891.102	-	369.799	-	2.528
=	1518.775

Lancashire Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(858.705	-	1585.362)	/	3082.343
=	-0.24

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3182.357	-	2323.652
=	858.705

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1955.018	-	369.656	-	0
=	1585.362

* 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.

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Lancashire Holdings Business Description

Industry

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Traded in Other Exchanges

LCSHF:USA LREl:UK LNH:Germany

Address

7 Par-la-Ville Road, Power House, Hamilton, BMU, HM 11

Website

https://www.lancashiregroup.com

Lancashire Holdings Ltd is a specialty insurer and reinsurer. More than two-thirds of the premiums it receives are for insurance and reinsurance contracts that cover the United States and Canada or offshore areas throughout the world. Property insurance and reinsurance premiums provide the largest portion of the company's revenue. The company also provides insurance in the energy, marine, and aviation segments. More than a third of the company's premiums come through the company's Cathedral platform, which consists of two syndicates within Lloyd's market.