Steadfast Group (ASX:SDF) Scaled Net Operating Assets : 0.41 (As of Dec. 2023)

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What is Steadfast Group 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.

Steadfast Group's operating assets for the quarter that ended in Dec. 2023 was A$4,341 Mil. Steadfast Group's operating liabilities for the quarter that ended in Dec. 2023 was A$2,335 Mil. Steadfast Group's Total Assets for the quarter that ended in Jun. 2023 was A$4,885 Mil. Therefore, Steadfast Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.41.

Steadfast Group 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.

Steadfast Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Jun. 2023 )
=	(Operating Assets (A: Jun. 2023 )	-	Operating Liabilities (A: Jun. 2023 ))	/	Total Assets (A: Jun. 2022 )
=	(3746.6	-	1602.8)	/	3916.5
=	0.55

where

	Operating Assets		(A: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	4885.1	-	1138.5
=	3746.6

	Operating Liabilities		(A: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	2640.2	-	967.5	-	69.9
=	1602.8

Steadfast Group'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: Jun. 2023 )
=	(4340.6	-	2335.4)	/	4885.1
=	0.41

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	5589.2	-	1248.6
=	4340.6

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3053.2	-	642.4	-	75.4
=	2335.4

* 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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Steadfast Group (ASX:SDF) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SFGLF:USA 1S6:Germany

Address

99 Bathurst Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.steadfast.com.au

Steadfast Group is the largest general insurance broker network in Australia and New Zealand, with over 425 brokers and almost 1,900 offices in Australia, New Zealand, Singapore, and London. Steadfast operates as both a broker and a consolidator via equity interests in insurance broker businesses, generating over AUD 11 billion of network broker gross written premium annually. Steadfast also co-owns and consolidates underwriting agencies and other complementary businesses.