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Sjova-Almennar tryggingar hf (OISE:SJOVA) Scaled Net Operating Assets : 0.29 (As of Sep. 2024)


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What is Sjova-Almennar tryggingar hf 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.

Sjova-Almennar tryggingar hf's operating assets for the quarter that ended in Sep. 2024 was kr69,532 Mil. Sjova-Almennar tryggingar hf's operating liabilities for the quarter that ended in Sep. 2024 was kr49,113 Mil. Sjova-Almennar tryggingar hf's Total Assets for the quarter that ended in Jun. 2024 was kr70,097 Mil. Therefore, Sjova-Almennar tryggingar hf's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.29.


Sjova-Almennar tryggingar hf 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.

Sjova-Almennar tryggingar hf'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 )
=(65704.963-44642.672)/61682.825
=0.34

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=69304.836 - 3599.873
=65704.963

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=45983.535 - 1340.863 - 0
=44642.672

Sjova-Almennar tryggingar hf'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 )
=(69531.913-49112.588)/70097.143
=0.29

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=72726.097 - 3194.184
=69531.913

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50426.408 - 1313.82 - 0
=49112.588

* 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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Sjova-Almennar tryggingar hf Business Description

Traded in Other Exchanges
N/A
Address
Kringlunni 5, Reykjavik, ISL, 103
Sjova-Almennar tryggingar hf is an insurance company. It offers motor vehicle insurance, family and home insurance, life and critical illness insurance, medical cost insurance, life & health insurance in iceland. It also provides fire insurance, commercial property insurance, vessel crew insurance, transport cargo insurance, life- and critical illness insurance, and medical cost insurance.