Zurich Insurance Co (JSE:ZSA) Scaled Net Operating Assets : 0.23 (As of Dec. 2013)

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

What is Zurich 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.

Zurich Insurance Co's operating assets for the quarter that ended in Dec. 2013 was R4,364 Mil. Zurich Insurance Co's operating liabilities for the quarter that ended in Dec. 2013 was R3,188 Mil. Zurich Insurance Co's Total Assets for the quarter that ended in Dec. 2012 was R5,052 Mil. Therefore, Zurich Insurance Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2013 was 0.23.

Zurich 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.

Zurich Insurance Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2013 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2013 )
=	(Operating Assets (A: Dec. 2013 )	-	Operating Liabilities (A: Dec. 2013 ))	/	Total Assets (A: Dec. 2012 )
=	(4364.309	-	3188.336)	/	5051.682
=	0.23

where

	Operating Assets		(A: Dec. 2013 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	5057.588	-	693.279
=	4364.309

	Operating Liabilities		(A: Dec. 2013 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3188.336	-	0	-	0
=	3188.336

Zurich Insurance Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2013 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2013 )
=	(Operating Assets (Q: Dec. 2013 )	-	Operating Liabilities (Q: Dec. 2013 ))	/	Total Assets (Q: Dec. 2012 )
=	(4364.309	-	3188.336)	/	5051.682
=	0.23

where

	Operating Assets		(Q: Dec. 2013 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	5057.588	-	693.279
=	4364.309

	Operating Liabilities		(Q: Dec. 2013 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3188.336	-	0	-	0
=	3188.336

* 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.

Zurich Insurance Co Scaled Net Operating Assets Related Terms

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

Zurich Insurance Co (JSE:ZSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zurich Insurance Co SA Ltd (JSE:ZSA) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.zurich.co.za

Zurich Insurance Co SA Ltd, a short-term insurance Company, was founded on 1965. The Company offers insurance products and services for individual, commercial and corporate customers. It provides short-term insurance, operating across corporate, commercial and domestic markets and markets its products through brokers and agents. It has a network of offices throughout South Africa. Its products consist of Body Corporate Insurance, Collectible Insurance, Commercial Insurance, Farmers Insurance, Flexiflite Insurance, Hospitality Insurance, Small and Medium Enterprises Insurance, Wineries Insurance, Home and Motor Insurance, Engineering Insurance, Marine Insurance and Travel Insurance. It provides services such as Fast Track Claims, Motor Assessing and Zurich Assist.