GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SiriusPoint Ltd (NYSE:SPNT) » Definitions » Scaled Net Operating Assets

SiriusPoint (SiriusPoint) Scaled Net Operating Assets : -0.04 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is SiriusPoint 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.

SiriusPoint's operating assets for the quarter that ended in Mar. 2024 was $9,273 Mil. SiriusPoint's operating liabilities for the quarter that ended in Mar. 2024 was $9,745 Mil. SiriusPoint's Total Assets for the quarter that ended in Dec. 2023 was $12,872 Mil. Therefore, SiriusPoint's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.04.

SiriusPoint 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.

SiriusPoint'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 )
=(11902.3-9554.7)/11036.3
=0.21

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12871.5 - 969.2
=11902.3

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10340.9 - 786.2 - 0
=9554.7

SiriusPoint'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 )
=(9273.4-9744.8)/12871.5
=-0.04

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=13135.8 - 3862.4
=9273.4

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10515.4 - 770.6 - 0
=9744.8

* 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.

SiriusPoint Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of SiriusPoint's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

SiriusPoint (SiriusPoint) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SiriusPoint Ltd (NYSE:SPNT) » Definitions » Scaled Net Operating Assets
Comparable Companies
GLRE MHLD OXBR XTER:MUV2 XSWX:SREN XTER:HNR1 EG RNR RGA XPAR:SCR BOM:540755 HKSE:01508 XPAR:COFA TSX:BNRE LSE:CRE XKRX:003690 BSP:IRBR3 XZIM:ZIMR.ZW TPE:2851 SAU:8200
Traded in Other Exchanges
SPNTpB.PFD:USA
Address
3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08
Website
https://www.siriuspt.com
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.
Executives
Wei Han Tan director SUITE 1307, BEA TOWER, 66 HUA YUAN SHI QIAO ROAD, SHANGHAI F4 200120
De La Gueronniere Rafe director THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Mehdi Mahmud director 1345 AVENUES OF AMERICAS, 48TH FLOOR, NEW YORK NY 10105
Daniel S Loeb director THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Robin Gibbs officer: CEO, SiriusPoint International POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Gretchen A. Hayes director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Stephen Yendall officer: Chief Financial Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Scott Egan director, officer: Chief Executive Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Jason Robart director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Andreas Kull officer: Chief Risk Officer POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Daniel V. Malloy officer: EVP, Underwriting THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Anthony L Lehan officer: Chief Accounting Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Ming Zhang officer: Chief Investment Officer POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Franklin Iv Montross director POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08