Trisura Group (LTS:0AMJ) Scaled Net Operating Assets : -0.10 (As of Sep. 2024)

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What is Trisura Group 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.

Trisura Group's operating assets for the quarter that ended in Sep. 2024 was C$2,857 Mil. Trisura Group's operating liabilities for the quarter that ended in Sep. 2024 was C$3,256 Mil. Trisura Group's Total Assets for the quarter that ended in Jun. 2024 was C$3,919 Mil. Therefore, Trisura Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -0.10.

Trisura Group 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.

Trisura Group'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 )
=	(2980.429	-	2880.318)	/	2798.865
=	0.04

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3584.445	-	604.016
=	2980.429

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2965.016	-	84.698	-	0
=	2880.318

Trisura Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(2857.353	-	3256.201)	/	3919.393
=	-0.10

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4111.127	-	1253.774
=	2857.353

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3363.746	-	107.545	-	0
=	3256.201

* 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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Trisura Group Business Description

Industry

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TRRSF:USA TSU:Canada

Address

333 Bay Street, Suite 1610, Box 22, Toronto, ON, CAN, M5H 2R2

Website

https://www.trisura.com

Trisura Group Ltd is a Canadian-based company that engages in the provision of specialty insurance. The operating business segments are Trisura Canada and Trisura U.S. The operations of Trisura Canada comprise Surety business underwritten in both Canada and the United States, and Risk Solutions, Fronting and Corporate Insurance products underwritten in Canada. Trisura U.S. provides specialty fronting insurance solutions underwritten in the United States and includes the active operations of Trisura International.