Prudential (Prudential) Scaled Net Operating Assets : 0.13 (As of Dec. 2023)

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What is Prudential 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.

Prudential's operating assets for the quarter that ended in Dec. 2023 was $172,476 Mil. Prudential's operating liabilities for the quarter that ended in Dec. 2023 was $151,209 Mil. Prudential's Total Assets for the quarter that ended in Jun. 2023 was $165,458 Mil. Therefore, Prudential's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.13.

Prudential 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.

Prudential'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 )
=	(172476	-	151209)	/	160249
=	0.13

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	174066	-	1590
=	172476

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	156083	-	4175	-	699
=	151209

Prudential'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: Jun. 2023 )
=	(172476	-	151209)	/	165458
=	0.13

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	174066	-	1590
=	172476

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	156083	-	4175	-	699
=	151209

* 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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Prudential (Prudential) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Prudential PLC (NYSE:PUK) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

PUKPF:USA K6S:Singapore 02378:Hong Kong PRUl:UK PRU:UK PRU:Germany P1UK34:Brazil

Address

1 Angel Court, London, GBR, EC2R 7AG

Website

https://www.prudentialplc.com

Originally established as Prudential Mutual Assurance, Investment, and Loan Association in 1848, Prudential plc has moved on a lot since then. Set up to sell life insurance and loans to the middle and then the industrializing and urbanizing working classes, the company subsequently diversified into Europe and then North America with the purchase of Jackson National Life in around 1985. During its time as owner of Jackson, Prudential focused on building out a simple chassis-style product portfolio where customers could choose a variety of add-ons. The company also became renowned for its focus on building requisite internal capabilities to support its strong product offerings, including compelling technology and a large and well-trained distribution force.