AIA Group (AIA Group) Scaled Net Operating Assets : -0.17 (As of Dec. 2023)

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What is AIA 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.

AIA Group's operating assets for the quarter that ended in Dec. 2023 was $186,182 Mil. AIA Group's operating liabilities for the quarter that ended in Dec. 2023 was $232,560 Mil. AIA Group's Total Assets for the quarter that ended in Jun. 2023 was $275,913 Mil. Therefore, AIA Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.17.

AIA 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.

AIA 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 )
=	(274794	-	232560)	/	270471
=	0.16

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	286319	-	11525
=	274794

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	244725	-	12165	-	0
=	232560

AIA 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 )
=	(186182	-	232560)	/	275913
=	-0.17

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	286319	-	100137
=	186182

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	244725	-	12165	-	0
=	232560

* 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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AIA Group (AIA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AIA Group Ltd (OTCPK:AAGIY) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

AAIGF:USA 1299:Mexico 01299:Hong Kong 7A2S:Germany 7A2:Germany 7A2:Germany

Address

No. 1 Connaught Road Central, 35th Floor, AIA Central, Hong Kong, HKG

Website

https://www.aia.com

AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.