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Tryg AS (LTS:0R78) Scaled Net Operating Assets : 0.41 (As of Dec. 2024)


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What is Tryg 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.

Tryg AS's operating assets for the quarter that ended in Dec. 2024 was kr102,253 Mil. Tryg AS's operating liabilities for the quarter that ended in Dec. 2024 was kr58,895 Mil. Tryg AS's Total Assets for the quarter that ended in Sep. 2024 was kr106,857 Mil. Therefore, Tryg AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.41.

Tryg 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.

Tryg 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 )
=(102253-58895)/112940
=0.38

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=104376 - 2123
=102253

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65512 - 6617 - 0
=58895

Tryg 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 )
=(102253-58895)/106857
=0.41

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=104376 - 2123
=102253

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=65512 - 6617 - 0
=58895

* 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.

Tryg AS Scaled Net Operating Assets Related Terms

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Tryg AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tryg AS (LTS:0R78) » Definitions » Scaled Net Operating Assets
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OCSE:ALMB BRK.A XTER:ALV XSWX:ZURN XPAR:CS MIL:G AIG ACGL TSX:SLF XTER:TLX XSWX:SLHN OHEL:SAMPO LSE:AV. XAMS:NN BSP:BBSE3 TSX:BNT XAMS:ASRNL MIL:UNI XSWX:HELN XBRU:AGS
Traded in Other Exchanges
TRYGc:UK TRYG:Denmark T2V1:Germany TRYG:Austria
Address
Klausdalsbrovej 601, Ballerup, DNK, 2750
Website
https://www.tryg.com
Tryg AS is a diversified insurance company. The company operates in multiple segments, including private, commercial, corporate, and other. Private encompasses the sale of insurances to private individuals; Commercial encompasses the sale of insurances to small and medium sized businesses; and Corporate provides insurance products to corporate customers in Denmark, Sweden and Norway. The company generates majority of its revenue in Denmark, followed by Norway and Sweden.