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Assurant Scaled Net Operating Assets

: -0.03 (As of Mar. 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.

Assurant's operating assets for the quarter that ended in Mar. 2022 was $24,739.40 Mil. Assurant's operating liabilities for the quarter that ended in Mar. 2022 was $25,798.50 Mil. Assurant's Total Assets for the quarter that ended in Dec. 2021 was $33,911.50 Mil. Therefore, Assurant's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2022 was -0.03.


Assurant 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.

Assurant'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 )
=(31870.7-26219.3)/44649.9
=0.13

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash and cash equivalents
=33911.5 - 2040.8
=31870.7

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28421.8 - 2202.5 - 0
=26219.3

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

Scaled Net Operating Assets (SNOA)(Q: Mar. 2022 )
=(Operating Assets (Q: Mar. 2022 )-Operating Liabilities (Q: Mar. 2022 ))/Total Assets (Q: Dec. 2021 )
=(24739.4-25798.5)/33911.5
=-0.03

where

Operating Assets(Q: Mar. 2022 )
=Total Assets - Cash and cash equivalents
=33022.6 - 8283.2
=24739.4

Operating Liabilities(Q: Mar. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=28001.5 - 2203 - 0
=25798.5

* 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.


Assurant Scaled Net Operating Assets Related Terms

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Assurant Business Description

Assurant logo
Industry
Financial Services » Insurance NAICS : 524298 SIC : 6411
Traded in Other Exchanges
Address
55 Broadway, Suite 2901, New York, NY, USA, 10006
Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing segment, the key revenue-generating segment, provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.
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