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Clal Insurance Enterprises Holdings (XTAE:CLIS) Scaled Net Operating Assets : 0.01 (As of Mar. 2024)


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What is Clal Insurance Enterprises 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.

Clal Insurance Enterprises Holdings's operating assets for the quarter that ended in Mar. 2024 was ₪157,507 Mil. Clal Insurance Enterprises Holdings's operating liabilities for the quarter that ended in Mar. 2024 was ₪155,179 Mil. Clal Insurance Enterprises Holdings's Total Assets for the quarter that ended in Dec. 2023 was ₪163,617 Mil. Therefore, Clal Insurance Enterprises Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.01.


Clal Insurance Enterprises 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.

Clal Insurance Enterprises 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 )
=(156651-154188)/144616
=0.02

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=163617 - 6966
=156651

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=154965 - 713 - 64
=154188

Clal Insurance Enterprises Holdings'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 )
=(157507-155179)/163617
=0.01

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=164765 - 7258
=157507

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=155948 - 769 - 0
=155179

* 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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Clal Insurance Enterprises Holdings (XTAE:CLIS) Business Description

Traded in Other Exchanges
N/A
Address
36 Raul Wallenberg Road, Kiryat Atidim, Tower 8, Tel Aviv, ISR, 6136902
Clal Insurance Enterprises Holdings Ltd is an insurance company, part of IDB Group, a conglomerate from Israel. Its lines of business are: Nonlife insurance, Health insurance, Pensions, and provident funds for private and corporate clients. Clal insurance divisions are: nonlife insurance, long-term savings, and health. The nonlife insurance division offers automotive, property, personal accidents, guarantees, liability, and marine insurance, among others. The life insurance and long-term savings division manages long-term assets, such as life insurance, pensions, and funds. The health insurance division consists of health insurance products, such as local and overseas surgeries, transplants, medications, critical illness, long-term care, and accidents. The company's main market is Israel.