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Markel Group (FRA:MKV) Scaled Net Operating Assets : 0.18 (As of Mar. 2024)


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What is Markel 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.

Markel Group's operating assets for the quarter that ended in Mar. 2024 was €43,461 Mil. Markel Group's operating liabilities for the quarter that ended in Mar. 2024 was €34,144 Mil. Markel Group's Total Assets for the quarter that ended in Dec. 2023 was €50,477 Mil. Therefore, Markel Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.18.

Markel 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.

Markel 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 )
=(47040.862-32773.599)/47002.948
=0.30

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=50476.916 - 3436.054
=47040.862

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36239.672 - 3466.073 - 0
=32773.599

Markel 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 )
=(43461.253-34144.305)/50476.916
=0.18

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=52703.474 - 9242.221
=43461.253

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=37691.359 - 3547.054 - 0
=34144.305

* 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.

Markel Group Scaled Net Operating Assets Related Terms

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Markel Group (FRA:MKV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Markel Group Inc (FRA:MKV) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
MKL:USA MKV:Germany MKLC34:Brazil
Address
4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Website
https://www.markel.com
Markel's primary business is property and casualty insurance, and the company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little less than 15% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.