White Mountains Insurance Group (BDA:WTM.BH) Scaled Net Operating Assets : 0.50 (As of Mar. 2024)

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What is White Mountains Insurance 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.

White Mountains Insurance Group's operating assets for the quarter that ended in Mar. 2024 was $8,394 Mil. White Mountains Insurance Group's operating liabilities for the quarter that ended in Mar. 2024 was $4,168 Mil. White Mountains Insurance Group's Total Assets for the quarter that ended in Dec. 2023 was $8,386 Mil. Therefore, White Mountains Insurance Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.50.

White Mountains Insurance 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.

White Mountains Insurance Group'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 )
=	(8263.5	-	3259.7)	/	7389.3
=	0.68

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	8385.9	-	122.4
=	8263.5

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3824.3	-	564.6	-	0
=	3259.7

White Mountains Insurance Group'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 )
=	(8393.5	-	4167.6)	/	8385.9
=	0.50

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	9590.3	-	1196.8
=	8393.5

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	4699.7	-	532.1	-	0
=	4167.6

* 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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White Mountains Insurance Group (BDA:WTM.BH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » White Mountains Insurance Group Ltd (BDA:WTM.BH) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

WTM:USA

Address

23 South Main Street, Suite 3B, Hanover, NH, USA, 03755-2053

Website

https://www.whitemountains.com

White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management firms and other operations. White Mountains's municipal bond insurance business is conducted through its subsidiary HG Global Ltd. and its reinsurance subsidiary HG Re Ltd.