Aflac (AFL) Scaled Net Operating Assets : -0.39 (As of Dec. 2023)

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What is Aflac 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.

Aflac's operating assets for the quarter that ended in Dec. 2023 was $49,128 Mil. Aflac's operating liabilities for the quarter that ended in Dec. 2023 was $97,375 Mil. Aflac's Total Assets for the quarter that ended in Sep. 2023 was $125,111 Mil. Therefore, Aflac's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.39.

Aflac 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.

Aflac'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 )
=	(122418	-	97375)	/	131738
=	0.19

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	126724	-	4306
=	122418

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	104739	-	7364	-	0
=	97375

Aflac'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: Sep. 2023 )
=	(49128	-	97375)	/	125111
=	-0.39

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	126724	-	77596
=	49128

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	104739	-	7364	-	0
=	97375

* 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.

Aflac Scaled Net Operating Assets Related Terms

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Aflac (AFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Aflac Inc (NYSE:AFL) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

AFL:Germany AFL:Germany AFL:Germany

Address

1932 Wynnton Road, Columbus, GA, USA, 31999

Website

https://www.aflac.com

Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.

Executives

Steven Kent Beaver	officer: SVP, CFO, Aflac US	1932 WYNNTON ROAD, COLUMBUS GA 31999
Masatoshi Koide	officer: Deputy President, Aflac Japan	1932 WYNNTON RD, COLUMBUS GA 31999
June P Howard	officer: Sr. Vice President	1932 WYNNTON RD, COLUMBUS GA 31999
Lake Charles D Ii	officer: President AFLAC Japan	AFLAC INC, 1932 WYNNTON RD, COLUMBUS GA 31999
Frederick John Crawford	officer: EVP, Chief Financial Officer	AFLAC INCORPORATED, COLUMBUS GA 31999
William P Bowers	director	600 NORTH 18TH STREET, BIN 15N-8170, BIRMINGHAM AL 35203
Joseph L Moskowitz	director	1932 WYNNTON ROAD, COLUMBUS GA 31999
Simard Frederic Jean Guy	officer: SVP, CFO, Aflac U.S.	1932 WYNNTON ROAD, COLUMBUS GA 31999
James Todd Daniels	officer: Sr. Vice President	1932 WYNNTON ROAD, COLUMBUS GA 31999
Albert Riggieri	officer: SVP, Corporate Actuary	1932 WYNNTON RD, COLUMBUS GA 31999
Virgil Raynard Miller	officer: President, Aflac U.S.	1932 WYNNTON ROAD, COLUMBUS GA 31999
Barbara K Rimer	director	1932 WYNNTON ROAD, COLUMBUS GA 31999
Miwako Hosoda	director	1932 WYNNTON ROAD, COLUMBUS GA 31999
Bradley Eugene Dyslin	officer: Executive Vice President	1932 WYNNTON ROAD, COLUMBUS GA 31999
Audrey B Tillman	officer: Executive Vice President	1932 WYNNTON RD, COLUMBUS GA 31999