Fairfax Financial Holdings (TSX:FFH) Scaled Net Operating Assets : 0.36 (As of Dec. 2023)

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What is Fairfax Financial 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.

Fairfax Financial Holdings's operating assets for the quarter that ended in Dec. 2023 was C$112,725 Mil. Fairfax Financial Holdings's operating liabilities for the quarter that ended in Dec. 2023 was C$71,756 Mil. Fairfax Financial Holdings's Total Assets for the quarter that ended in Sep. 2023 was C$114,119 Mil. Therefore, Fairfax Financial Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.36.

Fairfax Financial 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.

Fairfax Financial 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 )
=	(115677.984	-	71756.147)	/	107074.932
=	0.41

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	123407.21	-	7729.226
=	115677.984

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	86243.683	-	13426.867	-	1060.669
=	71756.147

Fairfax Financial 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 )
=	(112724.72	-	71756.147)	/	114118.83
=	0.36

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	123407.21	-	10682.49
=	112724.72

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	86243.683	-	13426.867	-	1060.669
=	71756.147

* 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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Fairfax Financial Holdings (TSX:FFH) Business Description

Industry

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Comparable Companies

Address

95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7

Website

https://www.fairfax.ca

Fairfax provides reinsurance and property and casualty insurance in Canada, the United States, and other international markets. The company also has some noninsurance operations such as restaurants. Fairfax has been led by Prem Watsa, its chairman and CEO, since its formation in 1985.