Nuernberger Beteiligungs AG (XTER:NBG6) Scaled Net Operating Assets : 0.01 (As of Dec. 2023)

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What is Nuernberger Beteiligungs AG 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.

Nuernberger Beteiligungs AG's operating assets for the quarter that ended in Dec. 2023 was €34,325 Mil. Nuernberger Beteiligungs AG's operating liabilities for the quarter that ended in Dec. 2023 was €34,013 Mil. Nuernberger Beteiligungs AG's Total Assets for the quarter that ended in Jun. 2023 was €34,457 Mil. Therefore, Nuernberger Beteiligungs AG's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.01.

Nuernberger Beteiligungs AG 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.

Nuernberger Beteiligungs AG'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 )
=	(34324.652	-	34012.89)	/	33648.938
=	0.01

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	34994.734	-	670.082
=	34324.652

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	34028.164	-	15.274	-	0
=	34012.89

Nuernberger Beteiligungs AG'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 )
=	(34324.652	-	34012.89)	/	34457.16
=	0.01

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	34994.734	-	670.082
=	34324.652

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	34028.164	-	15.274	-	0
=	34012.89

* 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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Nuernberger Beteiligungs AG (XTER:NBG6) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NBG6:Germany NBG6:Germany NBG6:Germany

Address

Ostendstrasse 100, Nuernberg, DEU, 90334

Website

http://www.nuernberger.de

Nuernberger Beteiligungs AG operates in the German financial services domain. Its prime focus is on offering insurance products that span the life, health, and property insurance products. The Life business area comprises of the company's subsidiaries engaged in the provision of life insurances, disability insurance, occupational pensions and various forms of risk insurance, and pension funds. The Health segment is concerned with the provision of health and supplementary insurance and the property insurance segment is responsible for the activities related to in property, casualty, accident insurance, as well as reinsurance. In addition, it provides banking services encompassing financial products, asset management, and investment services.