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Lemonade (STU:LE0) Scaled Net Operating Assets : -0.12 (As of Mar. 2024)


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What is Lemonade 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.

Lemonade's operating assets for the quarter that ended in Mar. 2024 was €667.7 Mil. Lemonade's operating liabilities for the quarter that ended in Mar. 2024 was €842.5 Mil. Lemonade's Total Assets for the quarter that ended in Dec. 2023 was €1,497.7 Mil. Therefore, Lemonade's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.12.

Lemonade 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.

Lemonade'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 )
=(1255.19-808.152)/1596.021
=0.28

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1497.736 - 242.546
=1255.19

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=847.675 - 39.523 - 0
=808.152

Lemonade'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 )
=(667.736-842.536)/1497.736
=-0.12

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1514.688 - 846.952
=667.736

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=892.4 - 49.864 - 0
=842.536

* 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.

Lemonade Scaled Net Operating Assets Related Terms

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Lemonade (STU:LE0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lemonade Inc (STU:LE0) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
LMND:USA LMND:Mexico LE0:Germany
Address
5 Crosby Street, 3rd Floor, New York, NY, USA, 10013
Website
https://www.lemonade.com
Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. Geographically, it operates in California, Texas, New York, New Jersey, Illinois, Georgia, Washington, Colorado, Pennsylvania, Virginia and others.