Employers Holdings (Employers Holdings) Scaled Net Operating Assets : 0.03 (As of Dec. 2023)

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What is Employers 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.

Employers Holdings's operating assets for the quarter that ended in Dec. 2023 was $2,637.2 Mil. Employers Holdings's operating liabilities for the quarter that ended in Dec. 2023 was $2,530.6 Mil. Employers Holdings's Total Assets for the quarter that ended in Sep. 2023 was $3,527.0 Mil. Therefore, Employers Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.03.

Employers 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.

Employers Holdings'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 )
=	(3324	-	2530.6)	/	3716.7
=	0.21

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3550.4	-	226.4
=	3324

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2536.5	-	5.9	-	0
=	2530.6

Employers Holdings'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: Sep. 2023 )
=	(2637.2	-	2530.6)	/	3527
=	0.03

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3550.4	-	913.2
=	2637.2

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2536.5	-	5.9	-	0
=	2530.6

* 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.

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Employers Holdings (Employers Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Employers Holdings Inc (NYSE:EIG) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

YGB:Germany

Address

10375 Professional Circle, Reno, NV, USA, 89521

Website

http://www.employers.com

Employers Holdings Inc provides workers' compensation insurance, primarily to small businesses in low- to medium hazard industries. Its customers are employers, and the insurance premiums that those employers pay account for more than 90% of total company revenue. Substantially all of the remaining revenue is generated through investments. The company operates exclusively in the United States, and it generates more than half of its business in California. By industry, the company has the most exposure to restaurants, which account for roughly a fourth of the total premiums the company earns.

Executives

Katherine H. Antonello	officer: EVP, Chief Actuary	10375 PROFESSIONAL CIRCLE, RENO NV 89521
Alejandro Perez-tenessa	director	10375 PROFESSIONAL CIRCLE, RENO NV 89521
Michael J Mcsally	director	10375 PROFESSIONAL CIRCLE, RENO NV 89521
Christopher Laws	officer: EVP, Chief Actuary	10375 PROFESSIONAL CIRCLE, RENO NV 89521
Tracey Lynn Berg	officer: EVP, Chief Information Officer	10375 PROFESSIONAL CIRCLE, RENO NV 89521
Stephen V Festa	officer: Sr VP & CCO, EICN and ECIC	9790 GATEWAY DRIVE, SUITE 200, RENO NV 89521
Douglas D Dirks	director, officer: President and CEO of EIG	10375 PROFESSIONAL CIRCLE, RENO NV 89521
De Figueiredo Joao M	director	10375 PROFESSIONAL CIRCLE, RENO NV 89521
James R Kroner	director	600 FOURTH STREET, P.O. BOX 6000, SIOUX CITY IA 51102-6000
Jeanne L Mockard	director	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Lawrence S Rogers	officer: SVP, Chief Underwriting Office	10375 PROFESSIONAL CIRCLE, RENO NV 89521
Richard W Blakey	director	10375 PROFESSIONAL CIRCLE, RENO NV 89521
John M. Mutschink	officer: SVP, Chief HR Officer	10375 PROFESSIONAL CIRCLE, RENO NV 89521
Michael Scott Paquette	officer: EVP, Chief Financial Officer	EMPLOYERS HOLDINGS, INC., 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Barry J. Vogt	officer: SVP, Chief Claims Officer	10375 PROFESSIONAL CIRCLE, RENO NV 89521