Chubb Arabia Cooperative Insurance Co (SAU:8240) Scaled Net Operating Assets : 0.26 (As of Sep. 2024)

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What is Chubb Arabia Cooperative Insurance Co 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.

Chubb Arabia Cooperative Insurance Co's operating assets for the quarter that ended in Sep. 2024 was ﷼444.1 Mil. Chubb Arabia Cooperative Insurance Co's operating liabilities for the quarter that ended in Sep. 2024 was ﷼261.5 Mil. Chubb Arabia Cooperative Insurance Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼700.9 Mil. Therefore, Chubb Arabia Cooperative Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.26.

Chubb Arabia Cooperative Insurance Co 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.

Chubb Arabia Cooperative Insurance Co'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 )
=	(719.923	-	334.562)	/	700.192
=	0.55

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	758.403	-	38.48
=	719.923

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	334.562	-	0	-	0
=	334.562

Chubb Arabia Cooperative Insurance Co'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 )
=	(444.089	-	261.52)	/	700.895
=	0.26

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	699.487	-	255.398
=	444.089

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	261.52	-	0	-	0
=	261.52

* 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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Chubb Arabia Cooperative Insurance Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

King Faisal Bin Abdulaziz Road, P.O. Box 2685, Khobar Business Gate, Al Khobar, SAU, 31952

Website

https://www.chubb.com

Chubb Arabia Cooperative Insurance Co is an insurance service provider based in Saudi Arabia. The company's portfolio includes all types of non-life insurance products. Its business is classified into business divisions, namely Property insurance, which covers fire and allied perils and all property risks; the Engineering segment, which provides coverage against Contractors All Risks (CAR), Erection All Risks (EAR), Machinery All Risks (MAR), etc; Motor insurance, which provides coverage against losses and liability related to motor vehicles, excluding transport insurance; Casualty segment covers loss of money, personal accidents, workmen's compensation, travel, general third-party liability, and professional indemnity; and Other classes.