Menora Mivtachim Holdings (XTAE:MMHD) Scaled Net Operating Assets : 0.10 (As of Dec. 2024)

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What is Menora Mivtachim Holdings 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.

Menora Mivtachim Holdings's operating assets for the quarter that ended in Dec. 2024 was ₪70,193 Mil. Menora Mivtachim Holdings's operating liabilities for the quarter that ended in Dec. 2024 was ₪63,198 Mil. Menora Mivtachim Holdings's Total Assets for the quarter that ended in Sep. 2024 was ₪72,625 Mil. Therefore, Menora Mivtachim Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.10.

Menora Mivtachim Holdings 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.

Menora Mivtachim Holdings'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 )
=	(70193.151	-	63198.181)	/	70033.092
=	0.10

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	74176.477	-	3983.326
=	70193.151

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	66763.401	-	3565.22	-	0
=	63198.181

Menora Mivtachim Holdings'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 )
=	(70193.151	-	63198.181)	/	72625.491
=	0.10

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	74176.477	-	3983.326
=	70193.151

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	66763.401	-	3565.22	-	0
=	63198.181

* 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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Menora Mivtachim Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Menora Mivtachim Holdings Ltd (XTAE:MMHD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

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Address

Menorah House, 115 Allenby Street, Tel Aviv, ISR, 61008

Website

https://www.menoramivt.co.il

Menora Mivtachim Holdings Ltd is a diversified insurance and finance group that operates in Israel. The company specializes in asset management and diversified insurance services, including general, life, and health insurance. Menora is also active within the capital market in a variety of fields, including corporate finance, investment banking, structured finance, and more. The company offers a broad variety of mutual funds that invest in various avenues in Israel and around the world, while also managing pension products and provident funds. The company's operating segments such as Life insurance and long-term savings, focusing on policies, pension, and provident funds for death and disability risks, Health insurance segment and Property and casualty insurance segment.