Aegon (AEGOF) Scaled Net Operating Assets : -0.10 (As of Dec. 2023)

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

What is Aegon 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.

Aegon's operating assets for the quarter that ended in Dec. 2023 was $269,513 Mil. Aegon's operating liabilities for the quarter that ended in Dec. 2023 was $313,098 Mil. Aegon's Total Assets for the quarter that ended in Jun. 2023 was $415,236 Mil. Therefore, Aegon's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.10.

Aegon 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.

Aegon'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 )
=	(324435.115	-	313098.146)	/	403295.551
=	0.03

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	328877.863	-	4442.748
=	324435.115

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	318459.106	-	5360.96	-	0
=	313098.146

Aegon'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 )
=	(269512.541	-	313098.146)	/	415236.186
=	-0.10

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	328877.863	-	59365.322
=	269512.541

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	318459.106	-	5360.96	-	0
=	313098.146

* 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.

Aegon Scaled Net Operating Assets Related Terms

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

Aegon (AEGOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Aegon Ltd (OTCPK:AEGOF) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

AEG:USA AGN:Netherlands AGNa:UK 0Q0Y:UK J060:Germany AEGN:Austria AEG:Argentina

Address

Aegonplein 50, P.O. Box 85, The Hague, ZH, NLD, 2591 TV

Website

https://www.aegon.com

Aegon Ltd is a life insurance and long-term savings company listed in the Netherlands. It listed on the Amsterdam Stock Exchange in the 1980s and now has mature operations in the United States, United Kingdom, and four growth markets of Brazil, China, Portugal, and Spain. Over recent years, Aegon has been moving through a substantial transformation program where management has sought to divest noncore operations and improve the risk profile of the business by separating the company into strategic and financial assets. Financial assets are the parts of the business that are now being run down. Here, Aegon is looking to cycle out of highly capital-consumptive and volatile earnings products and recycle funds into capital-light and more predictable strategic business groups.