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Taiwan Fire & Marine Insurance Co (TPE:2832) Scaled Net Operating Assets : 0.16 (As of Dec. 2024)


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What is Taiwan Fire & Marine 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.

Taiwan Fire & Marine Insurance Co's operating assets for the quarter that ended in Dec. 2024 was NT$16,508 Mil. Taiwan Fire & Marine Insurance Co's operating liabilities for the quarter that ended in Dec. 2024 was NT$12,593 Mil. Taiwan Fire & Marine Insurance Co's Total Assets for the quarter that ended in Sep. 2024 was NT$24,882 Mil. Therefore, Taiwan Fire & Marine Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.16.

Taiwan Fire & Marine 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.

Taiwan Fire & Marine Insurance Co'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 )
=(21131.393-12593.191)/22810.219
=0.37

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=24909.836 - 3778.443
=21131.393

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12637.789 - 44.598 - 0
=12593.191

Taiwan Fire & Marine Insurance Co'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 )
=(16507.795-12593.191)/24882.223
=0.16

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=24909.836 - 8402.041
=16507.795

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=12637.789 - 44.598 - 0
=12593.191

* 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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Taiwan Fire & Marine Insurance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Taiwan Fire & Marine Insurance Co Ltd (TPE:2832) » Definitions » Scaled Net Operating Assets
Comparable Companies
TPE:2852 TPE:2850 PGR CB TSE:8766 TRV ALL HKSE:01339 HKSE:02328 TSX:IFC HIG TSE:8725 TSX:FFH TSE:8630 MKL WRB CINF ASX:QBE L ASX:SUNDD
Traded in Other Exchanges
N/A
Address
No. 49, Guanqian Road, 8th Floor, Zhongzheng District, Taipei, TWN, 100
Website
https://www.tfmi.com.tw
Taiwan Fire & Marine Insurance Co Ltd is a diversified insurance company that generates the vast majority of its revenue through underwriting and investment performance in Taiwan. The company offers a variety of insurance services that include fire, marine, Aviation, automobile, and casualty insurance, as well as reinsurance for the abovementioned insurances. It also provides liability insurance and health insurance.