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FBL Financial Group (FBL Financial Group) Scaled Net Operating Assets : -0.60 (As of Mar. 2021)


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What is FBL Financial 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.

FBL Financial Group's operating assets for the quarter that ended in Mar. 2021 was $2,759.6 Mil. FBL Financial Group's operating liabilities for the quarter that ended in Mar. 2021 was $9,313.9 Mil. FBL Financial Group's Total Assets for the quarter that ended in Dec. 2020 was $10,996.3 Mil. Therefore, FBL Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2021 was -0.60.


FBL Financial 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.

FBL Financial Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2020 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2020 )
=(Operating Assets (A: Dec. 2020 )-Operating Liabilities (A: Dec. 2020 ))/Total Assets (A: Dec. 2019 )
=(10983.39-9207.156)/10480.206
=0.17

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10996.272 - 12.882
=10983.39

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9304.156 - 97 - 0
=9207.156

FBL Financial Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2021 )
=(Operating Assets (Q: Mar. 2021 )-Operating Liabilities (Q: Mar. 2021 ))/Total Assets (Q: Dec. 2020 )
=(2759.614-9313.915)/10996.272
=-0.60

where

Operating Assets(Q: Mar. 2021 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10900.803 - 8141.189
=2759.614

Operating Liabilities(Q: Mar. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9410.915 - 97 - 0
=9313.915

* 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.


FBL Financial Group Scaled Net Operating Assets Related Terms

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FBL Financial Group (FBL Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
5400 University Avenue, West Des Moines, IA, USA, 50266-5997
FBL Financial Group Inc is an American financial services company. The group has three subsidiaries: Farm Bureau Life Insurance Company, Greenfields Life Insurance Company, Farm Bureau Property and Casualty Insurance Company, and Western Agricultural Insurance Company. Farm Bureau Life Insurance Company offers various lines of life insurance, annuity, and investment products. Greenfields Life Insurance Company offers a wide range of life insurance, annuity, and investment products. Farm Bureau Property and Casualty Insurance Company and Western Agricultural Insurance Company offer full lines of personal and commercial property-casualty insurance products.
Executives
Paul A. Juffer director 5942 BEECHTREE DRIVE WEST DES MOINES IA 50266
Bryan Searle director 275 TIERRA VISTA DRIVE POCATELLO ID 83201
Daniel M Koster officer: VP - Marketing and Agency Svcs 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Anthony James Aldridge officer: Chief Accounting Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Jeffrey A Whitehead officer: Chief Investment Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Ronald L Mead officer: VP - Sales and Distribution 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Casey Decker officer: Chief Information Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Richard Wayne Felts director 2627 KFB PLAZA MANHATTAN KS 66503
Jay W Seiboldt officer: Chief Operating Officer - PC 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Nicholas C. Gerhart officer: Chief Administrative Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Raymond Walter Wasilewski officer: Senior Vice President 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50265
Daniel D Pitcher director, officer: Chief Executive Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Charles Happel officer: Chief Investment Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Donald Seibel officer: CFO & Treasurer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
James Brannen officer: CEO Emeritus 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266