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Milano Assicurazioni (MIL:MI) Scaled Net Operating Assets : 0.10 (As of Sep. 2013)


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What is Milano Assicurazioni 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.

Milano Assicurazioni's operating assets for the quarter that ended in Sep. 2013 was €10,239 Mil. Milano Assicurazioni's operating liabilities for the quarter that ended in Sep. 2013 was €9,220 Mil. Milano Assicurazioni's Total Assets for the quarter that ended in Jun. 2013 was €10,506 Mil. Therefore, Milano Assicurazioni's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2013 was 0.10.


Milano Assicurazioni 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.

Milano Assicurazioni's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2012 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2012 )
=(Operating Assets (A: Dec. 2012 )-Operating Liabilities (A: Dec. 2012 ))/Total Assets (A: Dec. 2011 )
=(10486.31-9766.043)/10967.852
=0.07

where

Operating Assets(A: Dec. 2012 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10806.609 - 320.299
=10486.31

Operating Liabilities(A: Dec. 2012 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9766.043 - 0 - 0
=9766.043

Milano Assicurazioni's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2013 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2013 )
=(Operating Assets (Q: Sep. 2013 )-Operating Liabilities (Q: Sep. 2013 ))/Total Assets (Q: Jun. 2013 )
=(10238.736-9219.699)/10506.477
=0.10

where

Operating Assets(Q: Sep. 2013 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10427.346 - 188.61
=10238.736

Operating Liabilities(Q: Sep. 2013 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9219.699 - 0 - 0
=9219.699

* 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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Milano Assicurazioni (MIL:MI) Business Description

Traded in Other Exchanges
N/A
Address
Milano Assicurazioni is incorporated in Italy. It is engaged in the insurance sector. The Company offers a range of insurance products, such as car, accident, health, life, railway, aviation, property and credit insurance policies. The Company is also active in the provision of collective insurance policies and pension funds management.