Solid Forsakringsaktiebolag (STU:RR5) Scaled Net Operating Assets : 0.09 (As of Dec. 2024)

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What is Solid Forsakringsaktiebolag 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.

Solid Forsakringsaktiebolag's operating assets for the quarter that ended in Dec. 2024 was €121.4 Mil. Solid Forsakringsaktiebolag's operating liabilities for the quarter that ended in Dec. 2024 was €107.5 Mil. Solid Forsakringsaktiebolag's Total Assets for the quarter that ended in Sep. 2024 was €159.5 Mil. Therefore, Solid Forsakringsaktiebolag's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.09.

Solid Forsakringsaktiebolag 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.

Solid Forsakringsaktiebolag's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2024 )
=	(Operating Assets (A: Dec. 2024 )	-	Operating Liabilities (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2023 )
=	(121.437	-	107.481)	/	161.127
=	0.09

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	151.331	-	29.894
=	121.437

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	107.481	-	0	-	0
=	107.481

Solid Forsakringsaktiebolag's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Sep. 2024 )
=	(121.437	-	107.481)	/	159.473
=	0.09

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	151.331	-	29.894
=	121.437

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	107.481	-	0	-	0
=	107.481

* 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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Solid Forsakringsaktiebolag Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Solid Forsakringsaktiebolag (STU:RR5) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SFAB:Sweden RR5:Germany

Address

Landskronavagen 23, Helsingborg, SWE, 25232

Website

https://www.solidab.se

Solid Forsakringsaktiebolag is a niche insurance company in the Nordic region in non-life insurance. The company sells insurance in three different segments which include Product, Personal Safety, and Assistance. Geographically it has a presence in Sweden, Norway, Denmark, Finland, and Others. It generates the majority of its revenue from Sweden.