GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Till Capital Corp (TSXV:TIL) » Definitions » Scaled Net Operating Assets

Till Capital (TSXV:TIL) Scaled Net Operating Assets : 0.21 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Till Capital 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.

Till Capital's operating assets for the quarter that ended in Sep. 2024 was C$4.82 Mil. Till Capital's operating liabilities for the quarter that ended in Sep. 2024 was C$0.14 Mil. Till Capital's Total Assets for the quarter that ended in Mar. 2024 was C$22.12 Mil. Therefore, Till Capital's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.21.

Till Capital 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.

Till Capital'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 )
=(6.913-0.145)/88.108
=0.08

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=22.06 - 15.147
=6.913

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.145 - 0 - 0
=0.145

Till Capital'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: Mar. 2024 )
=(4.821-0.144)/22.121
=0.21

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=14.097 - 9.276
=4.821

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.144 - 0 - 0
=0.144

* 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.

Till Capital Scaled Net Operating Assets Related Terms

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

Till Capital Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Till Capital Corp (TSXV:TIL) » Definitions » Scaled Net Operating Assets
Comparable Companies
XKRX:419120 XKRX:150900 XKRX:263860 XKRX:356890 XKRX:053580 XKRX:203650 XKRX:373170 XKRX:079940 XKRX:131090 XKRX:060250 XTER:MUV2 XSWX:SREN XTER:HNR1 EG RNR RGA XPAR:SCR BOM:540755 HKSE:01508 XPAR:COFA
Traded in Other Exchanges
TILCF:USA
Address
666 Burrard Street, Suite 1700, Park Place, Vancouver, BC, CAN, V6C 2X8
Website
https://www.tillcap.com
Till Capital Corp is a holding company operating through the insurance segment. Through its subsidiaries, it conducts the insurance and reinsurance business. Its geographical segments are Canada, and United States. The company operates in a single segment, that being investments.