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PREPI.PFD (PartnerRe) Scaled Net Operating Assets : 0.25 (As of Dec. 2020)


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What is PartnerRe 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.

PartnerRe's operating assets for the quarter that ended in Dec. 2020 was $24,131.39 Mil. PartnerRe's operating liabilities for the quarter that ended in Dec. 2020 was $17,596.85 Mil. PartnerRe's Total Assets for the quarter that ended in Sep. 2020 was $26,610.61 Mil. Therefore, PartnerRe's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2020 was 0.25.


PartnerRe 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.

PartnerRe's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(24547.742-17596.847)/25062.405
=0.28

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=26898.575 - 2350.833
=24547.742

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19571.578 - 1974.731 - 0
=17596.847

PartnerRe's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2020 )
=(Operating Assets (Q: Dec. 2020 )-Operating Liabilities (Q: Dec. 2020 ))/Total Assets (Q: Sep. 2020 )
=(24131.392-17596.847)/26610.605
=0.25

where

Operating Assets(Q: Dec. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=26898.575 - 2767.183
=24131.392

Operating Liabilities(Q: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=19571.578 - 1974.731 - 0
=17596.847

* 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.


PartnerRe Scaled Net Operating Assets Related Terms

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PartnerRe Business Description

Traded in Other Exchanges
Address
90 Pitts Bay Road, Pembroke, BMU, HM 08
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. The company operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the P&C segment.