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Aflac (WBO:AFL) Scaled Net Operating Assets : -0.38 (As of Dec. 2023)


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What is Aflac 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.

Aflac's operating assets for the quarter that ended in Dec. 2023 was €45,050 Mil. Aflac's operating liabilities for the quarter that ended in Dec. 2023 was €89,293 Mil. Aflac's Total Assets for the quarter that ended in Sep. 2023 was €117,229 Mil. Therefore, Aflac's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.38.

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. 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 )
=(112257.306-89292.875)/124360.672
=0.18

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=116205.908 - 3948.602
=112257.306

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=96045.663 - 6752.788 - 0
=89292.875

Aflac'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 )
=(45050.376-89292.875)/117229.007
=-0.38

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=116205.908 - 71155.532
=45050.376

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=96045.663 - 6752.788 - 0
=89292.875

* 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 (WBO:AFL) Business Description

Industry
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Traded in Other Exchanges
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Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Website
https://www.aflac.com
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 accident, 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.