Primerica (Primerica) Scaled Net Operating Assets

: 0.17 (As of Dec. 2023)

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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.

Primerica's operating assets for the quarter that ended in Dec. 2023 was $13,411 Mil. Primerica's operating liabilities for the quarter that ended in Dec. 2023 was $10,920 Mil. Primerica's Total Assets for the quarter that ended in Sep. 2023 was $14,433 Mil. Therefore, Primerica's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.17.

Primerica 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.

Primerica'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 )
=	(14414.584	-	10920.106)	/	14641.423
=	0.24

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15027.732	-	613.148
=	14414.584

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12961.765	-	2041.659	-	0
=	10920.106

Primerica'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 )
=	(13410.613	-	10920.106)	/	14433.059
=	0.17

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	15027.732	-	1617.119
=	13410.613

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	12961.765	-	2041.659	-	0
=	10920.106

* 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.

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Primerica (Primerica) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PI7:Germany

Address

1 Primerica Parkway, Duluth, GA, USA, 30099

Website

https://www.primerica.com

Primerica Inc is a provider of financial services to middle-income households in the United States and Canada. The company offers life insurance, mutual funds, annuities, and other financial products, distributed primarily on behalf of third parties. Primerica has three main subsidiaries: Primerica Financial Services, a marketing company; Primerica Life Insurance Company, a principal life insurance underwriting entity; and PFS Investments, which offers investment and savings products, brokerage services, and registered investment advisory. It has four segments Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. Geogriphically, it derives a majority of its revenue from the US.

Executives

Alison S. Rand	officer: Executive VP and CFO	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Glenn J. Williams	officer: President	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Tracy Xiangyan Tan	officer: Executive VP, Finance	5168 LONG ISLAND DR NW, ATLANTA GA 30327
Peter W. Schneider	officer: Exec. VP and General Counsel	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Addison John A. Jr.	director, officer: Co-Chief Executive Officer	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Gregory C. Pitts	officer: Executive VP and COO	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
P George Benson	director	NUTRITION 21, INC., 4 MANHATTANVILLE ROAD, PURCHASE NY 10577
Amber Lynne Cottle	director	3921 MILITARY ROAD NW, WASHINGTON DC 20015
Joel M. Babbit	director	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Sanjeev Dheer	director	22 MURRAY HILL ROAD, SCARSDALE NY 10583
Barbara A. Yastine	director	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
William A. Kelly	officer: President of Subsidiary	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Robert F Mccullough	director	1170 PEACHTREE STREET, NE, SUITE 2300, ATLANTA GA 300309
C Saxby Chambliss	director	ONE ATLANTIC CENTER, 1201 WEST PEACHTREE STREET, SUITE 2800, ATLANTA GA 30309
Jeffrey S. Fendler	officer: President of Subsidiary	3120 BRECKINRIDGE BLVD., DULUTH GA 30099