GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Selective Insurance Group Inc (NAS:SIGI) » Definitions » Scaled Net Operating Assets

SIGI (Selective Insurance Group) Scaled Net Operating Assets : 0.20 (As of Sep. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Selective Insurance Group 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.

Selective Insurance Group's operating assets for the quarter that ended in Sep. 2024 was $12,288 Mil. Selective Insurance Group's operating liabilities for the quarter that ended in Sep. 2024 was $9,797 Mil. Selective Insurance Group's Total Assets for the quarter that ended in Jun. 2024 was $12,565 Mil. Therefore, Selective Insurance Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.20.

Selective Insurance Group 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.

Selective Insurance Group'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 )
=(11802.366-8344.219)/10802.261
=0.32

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11802.546 - 0.18
=11802.366

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8848.165 - 503.946 - 0
=8344.219

Selective Insurance Group'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 )
=(12287.604-9797.099)/12565.49
=0.20

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=13473.137 - 1185.533
=12287.604

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10305.336 - 508.237 - 0
=9797.099

* 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.

Selective Insurance Group Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Selective Insurance Group's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Selective Insurance Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Selective Insurance Group Inc (NAS:SIGI) » Definitions » Scaled Net Operating Assets
Comparable Companies
THG WTM KMPR MCY RLI LMND PLMR SKWD ORI STC PGR CB TSE:8766 TRV ALL HKSE:01339 HIG TSE:8725 TSX:IFC HKSE:02328
Traded in Other Exchanges
SIGIP.PFD:USA SV2:Germany
Address
40 Wantage Avenue, Branchville, NJ, USA, 07890
Website
https://www.selective.com
Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.
Executives
Wole C Coaxum director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Anthony D. Harnett officer: SVP, Chief Accounting Officer 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Terrence W Cavanaugh director 100 ERIE INSURANCE PLACE, ERIE PA 16530
John J. Marchioni officer: EVP, Chief Field Ops Officer 40 WANTAGE AVENUE, BRANCHVILLE X1 07890
Robert Kelly Doherty director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Jeffrey F. Kamrowski officer: EVP, MUSIC 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Joseph Eppers officer: EVP, Chief Investment Officer 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Cynthia S Nicholson director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Brenda M Hall officer: EVP, CL Chief Op Officer 40 WANTAGE AVE., BRANCHVILLE NJ 07890
Vincent M Senia officer: EVP, Chief Actuary 40 WANTAGE AVE., BRANCHVILLE NJ 07461
John Burville director ACE LTD, ACE BLDG 30 WOODBOURNE AVE HAMILTON BER
Michael J. Morrissey director 40 WANTAGE AVENUE, BRANCHVILLE X1 07890
J Brian Thebault director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Gregory E Murphy director, officer: Chairman, Chief Executive Offi 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Michael H Lanza officer: Sr. VP and General Counsel 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890