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RLI (RLI) Scaled Net Operating Assets : 0.10 (As of Sep. 2024)


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What is RLI 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.

RLI's operating assets for the quarter that ended in Sep. 2024 was $4,497 Mil. RLI's operating liabilities for the quarter that ended in Sep. 2024 was $3,943 Mil. RLI's Total Assets for the quarter that ended in Jun. 2024 was $5,512 Mil. Therefore, RLI's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.10.

RLI 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.

RLI'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 )
=(5143.797-3566.707)/4767.068
=0.33

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5180.221 - 36.424
=5143.797

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3766.707 - 100 - 100
=3566.707

RLI'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 )
=(4496.856-3943.405)/5511.673
=0.10

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=5791.755 - 1294.899
=4496.856

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4043.405 - 100 - 0
=3943.405

* 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.

RLI Scaled Net Operating Assets Related Terms

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RLI Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » RLI Corp (NYSE:RLI) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
RL1:Germany
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
Website
https://www.rlicorp.com
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include Casualty, Property, and Surety and it derives a majority of its revenue from the Casualty segment.
Executives
Michael E Angelina director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471
Michael J Stone other: President RLI Insurance Compan C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
Paul Bennett Medini director THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Seth Anthony Davis officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Kaj Ahlmann director 17945 ROSEWOOD STREET, STILWELL KS 66085
Aaron Paul Diefenthaler officer: VP, CIO 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Restrepo Robert P Jr director
Calvin Jr Butler director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Todd Wayne Bryant officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Jennifer L Klobnak other: Sr. VP, Operations - RLI Ins. 9025 N LINDBERGH DRIVE, PEORIA IL 61615
James J. Scanlan director 6 TODMORDEN LANE, ROSE VALLEY PA 19086
Gerald I Lenrow director 4052 MANSION DR N.W., WASHINGTON DC 20007
Jonathan E Michael director, officer: President C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615