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Assured Guaranty (STU:DHU) Scaled Net Operating Assets : 0.38 (As of Mar. 2024)


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What is Assured Guaranty 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.

Assured Guaranty's operating assets for the quarter that ended in Mar. 2024 was €8,761.2 Mil. Assured Guaranty's operating liabilities for the quarter that ended in Mar. 2024 was €4,407.7 Mil. Assured Guaranty's Total Assets for the quarter that ended in Dec. 2023 was €11,498.3 Mil. Therefore, Assured Guaranty's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.38.

Assured Guaranty 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.

Assured Guaranty'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 )
=(11409.314-4658.36)/15899.792
=0.42

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11498.263 - 88.949
=11409.314

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=6211.758 - 1553.398 - 0
=4658.36

Assured Guaranty's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(8761.16-4407.72)/11498.263
=0.38

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11194.56 - 2433.4
=8761.16

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5967.12 - 1559.4 - 0
=4407.72

* 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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Assured Guaranty (STU:DHU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assured Guaranty Ltd (STU:DHU) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
AGO:USA
Address
30 Woodbourne Avenue, Hamilton, BMU, HM 08
Website
https://www.assuredguaranty.com
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.