>
Switch to:

Great-West Lifeco Scaled Net Operating Assets

: 0.03 (As of Sep. 2021)
View and export this data going back to 2009. Start your Free Trial

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Great-West Lifeco's operating assets for the quarter that ended in Sep. 2021 was $470,017 Mil. Great-West Lifeco's operating liabilities for the quarter that ended in Sep. 2021 was $454,547 Mil. Great-West Lifeco's Total Assets for the quarter that ended in Jun. 2021 was $494,416 Mil. Therefore, Great-West Lifeco's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2021 was 0.03.


Great-West Lifeco 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.

Great-West Lifeco'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 )
=(462599.73456164-439355.14091654)/342597.76748424
=0.07

where

Operating Assets(A: Dec. 2020 )
=Total Assets - Cash and cash equivalents
=468803.18526036 - 6203.4506987275
=462599.73456164

Operating Liabilities(A: Dec. 2020 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=447712.54586619 - 6810.0554297759 - 1547.3495198688
=439355.14091654

Great-West Lifeco's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2021 )
=(Operating Assets (Q: Sep. 2021 )-Operating Liabilities (Q: Sep. 2021 ))/Total Assets (Q: Jun. 2021 )
=(470016.57327756-454547.39168179)/494415.71194763
=0.03

where

Operating Assets(Q: Sep. 2021 )
=Total Assets - Cash and cash equivalents
=485330.28174572 - 15313.708468156
=470016.57327756

Operating Liabilities(Q: Sep. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=461471.07568463 - 6923.6840028411 - 0
=454547.39168179

* 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.


Great-West Lifeco Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Great-West Lifeco's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Great-West Lifeco Business Description

Great-West Lifeco logo
Industry
Financial Services » Insurance NAICS : 524113 SIC : 7311
Address
100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3
Great-West Lifeco is one of the three big Canadian life insurance firms. With just under half of the firm's profit and revenue in Canada, Great-West also operates in the U.S. and Europe. In Canada, Great-West provides both individual and group insurance. In the United States, Great-West operates Putnam Investments and defined-contribution recordkeeping firm Empower Retirement. In 2020, Great-West announced it would acquire Personal Capital and MassMutual's recordkeeping business. In Europe, Great-West offers life insurance, annuities, and reinsurance primarily in the U.K., Ireland, and Germany.
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)