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Central Reinsurance (TPE:2851) Scaled Net Operating Assets : 0.16 (As of Mar. 2024)


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What is Central Reinsurance 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.

Central Reinsurance's operating assets for the quarter that ended in Mar. 2024 was NT$44,196 Mil. Central Reinsurance's operating liabilities for the quarter that ended in Mar. 2024 was NT$35,809 Mil. Central Reinsurance's Total Assets for the quarter that ended in Dec. 2023 was NT$53,898 Mil. Therefore, Central Reinsurance's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.16.

Central Reinsurance 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.

Central Reinsurance'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 )
=(39406.806-34842.122)/50271.788
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=53897.72 - 14490.914
=39406.806

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=34843.411 - 1.289 - 0
=34842.122

Central Reinsurance's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(44196.127-35809.136)/53897.72
=0.16

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=56471.5 - 12275.373
=44196.127

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=35810.29 - 1.154 - 0
=35809.136

* 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.

Central Reinsurance Scaled Net Operating Assets Related Terms

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Central Reinsurance (TPE:2851) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Central Reinsurance Corp (TPE:2851) » Definitions » Scaled Net Operating Assets
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TPE:2850 TPE:2832 ROCO:6028 ROCO:5878 TPE:2816 XTER:MUV2 XSWX:SREN XTER:HNR1 EG RNR RGA XPAR:SCR BOM:540755 HKSE:01508 XPAR:COFA SPNT TSX:BNRE LSE:CRE XKRX:003690 BSP:IRBR3
Traded in Other Exchanges
N/A
Address
Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Website
https://www.centralre.com
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.