UNIQA Insurance Group AG (XTER:UN9) Scaled Net Operating Assets : -0.33 (As of Jun. 2024)

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What is UNIQA Insurance Group 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.

UNIQA Insurance Group AG's operating assets for the quarter that ended in Jun. 2024 was €14,607 Mil. UNIQA Insurance Group AG's operating liabilities for the quarter that ended in Jun. 2024 was €23,939 Mil. UNIQA Insurance Group AG's Total Assets for the quarter that ended in Dec. 2023 was €28,151 Mil. Therefore, UNIQA Insurance Group AG's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was -0.33.

UNIQA Insurance Group 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.

UNIQA Insurance Group 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 )
=	(27451.431	-	23832.753)	/	26641.114
=	0.14

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	28150.959	-	699.528
=	27451.431

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	25420.841	-	1578.853	-	9.235
=	23832.753

UNIQA Insurance Group AG's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2024 )
=	(Operating Assets (Q: Jun. 2024 )	-	Operating Liabilities (Q: Jun. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(14607.1	-	23939.2)	/	28150.959
=	-0.33

where

	Operating Assets		(Q: Jun. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	28276.2	-	13669.1
=	14607.1

	Operating Liabilities		(Q: Jun. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	25555.1	-	1615.9	-	0
=	23939.2

* 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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UNIQA Insurance Group AG Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

UQAv:UK 0GDR:UK UN9:Germany UN9:Germany UQA:Czech Republic UQA:Austria

Address

Untere Donaustrasse 21, Vienna, AUT, A-1029

Website

https://www.uniqagroup.com

UNIQA Insurance Group AG is a diversified insurance company that operates as a direct insurer in two core markets: Austria and Central and Eastern Europe. The company operates a product portfolio that focuses primarily on life insurance, property and casualty insurance, followed by health insurance. Uniqa generates revenue through the premiums on these products. The company focuses on its position as a direct insurer as it attempts to expand the number of customers seeking coverage while aiming to gradually restructure low-margin portfolios that it manages.