Sabre Insurance Group (LSE:SBRE) Scaled Net Operating Assets : -0.10 (As of Dec. 2023)

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What is Sabre 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.

Sabre Insurance Group's operating assets for the quarter that ended in Dec. 2023 was £330.4 Mil. Sabre Insurance Group's operating liabilities for the quarter that ended in Dec. 2023 was £387.7 Mil. Sabre Insurance Group's Total Assets for the quarter that ended in Jun. 2023 was £563.4 Mil. Therefore, Sabre Insurance Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.10.

Sabre 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.

Sabre 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 )
=	(595.059	-	387.726)	/	549.82
=	0.38

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	630.138	-	35.079
=	595.059

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	387.726	-	0	-	0
=	387.726

Sabre Insurance 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 )
=	(330.38	-	387.726)	/	563.419
=	-0.10

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	630.138	-	299.758
=	330.38

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	387.726	-	0	-	0
=	387.726

* 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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Sabre Insurance Group (LSE:SBRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sabre Insurance Group PLC (LSE:SBRE) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SBREl:UK 18M:Germany

Address

150 South Street, Sabre House, Dorking, Surrey, GBR, RH4 2YY

Website

https://www.sabreplc.co.uk

Sabre Insurance Group PLC is a company operating in the insurance sector. The company is an insurer selling car insurance through brokers and directly. It offers car insurance under the Sabre name and also under the Go Girl, Insure 2 Drive, and Drive Smart brands. Its product offering includes nonstandard car insurance, reduced commission insurance, commercial vehicle insurance, and taxi insurance, among others.