GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hyundai Fire & Marine Insurance Co Ltd (XKRX:001450) » Definitions » Scaled Net Operating Assets

Hyundai Fire & Marine Insurance Co (XKRX:001450) Scaled Net Operating Assets : 0.13 (As of Mar. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Hyundai 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.

Hyundai Fire & Marine Insurance Co's operating assets for the quarter that ended in Mar. 2024 was ₩44,099,435 Mil. Hyundai Fire & Marine Insurance Co's operating liabilities for the quarter that ended in Mar. 2024 was ₩38,442,399 Mil. Hyundai Fire & Marine Insurance Co's Total Assets for the quarter that ended in Dec. 2023 was ₩44,087,986 Mil. Therefore, Hyundai Fire & Marine Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.13.


Hyundai 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.

Hyundai Fire & Marine Insurance Co'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 )
=(42643035.19-36947477.546)/46252595.501
=0.12

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=44087986.399 - 1444951.209
=42643035.19

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=38032594.523 - 1085116.977 - 0
=36947477.546

Hyundai Fire & Marine Insurance Co'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 )
=(44099434.947-38442399.131)/44087986.399
=0.13

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=44099434.947 - 0
=44099434.947

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=38442399.131 - 0 - 0
=38442399.131

* 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.


Hyundai Fire & Marine Insurance Co Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Hyundai Fire & Marine Insurance Co's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Hyundai Fire & Marine Insurance Co (XKRX:001450) Business Description

Traded in Other Exchanges
N/A
Address
163 Sejongdaero, Jongno-gu, Seoul, KOR
Hyundai Fire & Marine Insurance Co Ltd is a Korea-based company provides non-life insurance and other related insurance service. The company provides fire insurance, marine insurance, automobile insurance, casualty insurance, surety bond insurance, liability insurance, and others. In addition, it is involved in the consumer lending, building management, damage assessment, call center, education business, asset management and others.