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Helvetia Holding AG (XSWX:HELN) Scaled Net Operating Assets : 0.06 (As of Dec. 2023)


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What is Helvetia Holding AG 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.

Helvetia Holding AG's operating assets for the quarter that ended in Dec. 2023 was CHF56,457 Mil. Helvetia Holding AG's operating liabilities for the quarter that ended in Dec. 2023 was CHF53,114 Mil. Helvetia Holding AG's Total Assets for the quarter that ended in Jun. 2023 was CHF58,409 Mil. Therefore, Helvetia Holding AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.06.

Helvetia Holding AG 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.

Helvetia Holding AG'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 )
=(57323.2-53113.6)/57500.4
=0.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=59216.1 - 1892.9
=57323.2

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55100.2 - 1986.6 - 0
=53113.6

Helvetia Holding AG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Jun. 2023 )
=(56457.4-53113.6)/58409.3
=0.06

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=59216.1 - 2758.7
=56457.4

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=55100.2 - 1986.6 - 0
=53113.6

* 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.

Helvetia Holding AG Scaled Net Operating Assets Related Terms

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Helvetia Holding AG (XSWX:HELN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Helvetia Holding AG (XSWX:HELN) » Definitions » Scaled Net Operating Assets
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XSWX:BALN XSWX:VAHN XSWX:SLHN BRK.A XPAR:CS XSWX:ZURN AIG MIL:G ACGL TSX:SLF OHEL:SAMPO XTER:TLX LSE:AV. BSP:BBSE3 XAMS:NN OCSE:TRYG EQH XAMS:AGN XAMS:ASRNL BOM:540716
Traded in Other Exchanges
HLVTY:USA HELNz:UK
Address
Dufourstrasse 40, Saint Gallen, CHE, CH-9001
Website
https://www.helvetia.com
Helvetia Holding AG is a diversified insurance company. The company operates multiple segments including life, nonlife, and other activities. The company's life segment offers life insurance, pension plans, and annuities and generates most of the company's revenue. Helvetia derives the vast majority of its revenue within Switzerland, followed by Germany and Italy. Helvetia's business focuses on retail customers, as well as corporations of all sizes. It considers merger and acquisition investment as a component of its operational growth strategy.