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Grupo Security (XSGO:SECURITY) Scaled Net Operating Assets : 0.41 (As of Mar. 2024)


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What is Grupo Security 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.

Grupo Security's operating assets for the quarter that ended in Mar. 2024 was CLP15,562,485 Mil. Grupo Security's operating liabilities for the quarter that ended in Mar. 2024 was CLP9,142,472 Mil. Grupo Security's Total Assets for the quarter that ended in Dec. 2023 was CLP15,771,136 Mil. Therefore, Grupo Security's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.41.


Grupo Security 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.

Grupo Security'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 )
=(15265922.25-8582343.478)/14766998.639
=0.45

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=15771136.07 - 505213.82
=15265922.25

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14700382.091 - 6118038.613 - 0
=8582343.478

Grupo Security'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 )
=(15562485.222-9142472.385)/15771136.07
=0.41

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=16188865.771 - 626380.549
=15562485.222

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15118508.486 - 5976036.101 - 0
=9142472.385

* 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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Grupo Security (XSGO:SECURITY) Business Description

Traded in Other Exchanges
N/A
Address
Apoquindo 3150, Piso 14, Las Condes, Santiago, CHL
Grupo Security SA is a Chile-based diversified financial company. It offers banking, insurance, asset management, and other services to individuals and large and midsize companies. Grupo Security has four main business segments: Banco Security & Factoring Security for lending, Inversiones Security for asset management and stock brokerage, Vida Security for insurance, and Travel Security & Inmobiliaria Security for nonfinancial products and services. Banco Security & Factoring Security is focused on commercial banking but also offers treasury and other services. Inversiones Security provides advisory services to help private, corporate, and institutional customers manage assets. Vida Security provides traditional life insurance and annuities.