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Aflac Scaled Net Operating Assets

: -0.35 (As of Jun. 2022)
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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 Jun. 2022 was $51,025 Mil. Aflac's operating liabilities for the quarter that ended in Jun. 2022 was $101,826 Mil. Aflac's Total Assets for the quarter that ended in Mar. 2022 was $147,046 Mil. Therefore, Aflac's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2022 was -0.35.


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. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(152491-116333)/165086
=0.22

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash and cash equivalents
=157542 - 5051
=152491

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=124289 - 7956 - 0
=116333

Aflac's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2022 )
=(Operating Assets (Q: Jun. 2022 )-Operating Liabilities (Q: Jun. 2022 ))/Total Assets (Q: Mar. 2022 )
=(51025-101826)/147046
=-0.35

where

Operating Assets(Q: Jun. 2022 )
=Total Assets - Cash and cash equivalents
=135629 - 84604
=51025

Operating Liabilities(Q: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=109242 - 7416 - 0
=101826

* 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 Business Description

Aflac logo
Industry
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
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 accidents, 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
Collins Arthur Reginald director 3911 LORCOM LANE ARLINGTON VA 22207
Mori Nobuchika director 1932 WYNNTON ROAD COLUMBUS GA 31999
Kiser Georgette D. director 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505
Beaver Steven Kent officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD COLUMBUS GA 31999
Williams Richard Jr officer: Executive V.P. 1932 WYNNTON RD COLUMBUS GA 31999
Riggieri Albert officer: SVP, Corporate Actuary 1932 WYNNTON RD COLUMBUS GA 31999
Rohrer Katherine director 1932 WYNNTON RD COLUMBUS GA 31999
Koide Masatoshi officer: Deputy President, Aflac Japan 1932 WYNNTON RD COLUMBUS GA 31999
Broden Max officer: Senior Vice President 1932 WYNNTON RD COLUMBUS GA 31999
Lloyd Karole director 1932 WYNNTON ROAD COLUMBUS GA 31999
Fukuzawa Toshihiko director 1932 WYNNTON RD COLUMBUS GA 31999
Daniels James Todd officer: Sr. Vice President 1932 WYNNTON ROAD COLUMBUS GA 31999
Crawford Frederick John officer: EVP, Chief Financial Officer AFLAC INCORPORATED COLUMBUS GA 31999
Moskowitz Joseph L director 1932 WYNNTON ROAD COLUMBUS GA 31999
Kenny Thomas J director FRANKLIN RESOURCES INC 901 MARINERS ISLAND BLVD 6TH FLOOR SAN MATEO CA 94404
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