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Assurant (MEX:AIZ) Scaled Net Operating Assets : 0.09 (As of Dec. 2024)


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What is Assurant 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.

Assurant's operating assets for the quarter that ended in Dec. 2024 was MXN643,052 Mil. Assurant's operating liabilities for the quarter that ended in Dec. 2024 was MXN580,431 Mil. Assurant's Total Assets for the quarter that ended in Sep. 2024 was MXN695,704 Mil. Therefore, Assurant's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.09.

Assurant 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.

Assurant'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 )
=(692678.278-580430.815)/570932.226
=0.20

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=730379.127 - 37700.849
=692678.278

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=623875.324 - 43444.509 - 0
=580430.815

Assurant'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 )
=(643052.14-580430.815)/695703.587
=0.09

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=730379.127 - 87326.987
=643052.14

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=623875.324 - 43444.509 - 0
=580430.815

* 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.

Assurant Scaled Net Operating Assets Related Terms

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Assurant Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assurant Inc (MEX:AIZ) » Definitions » Scaled Net Operating Assets
Comparable Companies
AFG KNSL ORI CNA RLI THG SIGI WTM KMPR PLMR PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC HIG TSE:8725
Traded in Other Exchanges
AIZ:USA 0HIN:UK ZAS:Germany
Address
260 Interstate North Circle SE, Atlanta, GA, USA, 30339
Website
https://www.assurant.com
Assurant Inc is a protection company that partners with the brands to safeguard and service connected devices, homes and automobiles. It operate in North America, Latin America, Europe and Asia Pacific through two operating segments: Global Lifestyle and Global Housing. Global Lifestyle: includes mobile device solutions (including extended service contracts, insurance policies and related services), extended service contracts and related services for consumer electronics and appliances, and financial services and other insurance products. Global Housing: includes lender-placed homeowners, manufactured housing and flood insurance, as well as voluntary manufactured housing, condominium and homeowners insurance. Key revenue is generated from Global Lifestyle segment.