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Lotte Non-Life Insurance Co (XKRX:000400) Scaled Net Operating Assets : -0.39 (As of Dec. 2024)


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What is Lotte Non-Life 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.

Lotte Non-Life Insurance Co's operating assets for the quarter that ended in Dec. 2024 was ₩8,027,227 Mil. Lotte Non-Life Insurance Co's operating liabilities for the quarter that ended in Dec. 2024 was ₩13,940,964 Mil. Lotte Non-Life Insurance Co's Total Assets for the quarter that ended in Sep. 2024 was ₩15,309,601 Mil. Therefore, Lotte Non-Life Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.39.

Lotte Non-Life 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.

Lotte Non-Life 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 )
=(14620567.756-13940963.618)/14912417.301
=0.05

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=15541477.89 - 920910.134
=14620567.756

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14747238.396 - 806274.778 - 0
=13940963.618

Lotte Non-Life 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 )
=(8027226.721-13940963.618)/15309600.672
=-0.39

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=15541477.89 - 7514251.169
=8027226.721

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14747238.396 - 806274.778 - 0
=13940963.618

* 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.

Lotte Non-Life Insurance Co Scaled Net Operating Assets Related Terms

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Lotte Non-Life Insurance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lotte Non-Life Insurance Co Ltd (XKRX:000400) » Definitions » Scaled Net Operating Assets
Comparable Companies
XKRX:000370 XKRX:000540 XKRX:001450 PGR CB TSE:8766 TRV ALL HKSE:02328 HKSE:01339 TSX:IFC TSE:8725 HIG TSX:FFH TSE:8630 WRB MKL CINF ASX:QBE L
Traded in Other Exchanges
N/A
Address
No. 3, Sowol-ro, Jung-gu, Seoul, KOR, 100-778
Website
http://www.lotteins.co.kr
Lotte Non-Life Insurance Co Ltd operates in the non-life insurance market. The company's insurance products include automobile insurance, fire insurance, casualty insurance, long-term insurance, marine insurance, and retirement insurance. The company is also exploring the overseas market such as China, Russia, and Vietnam.