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Unum Group (BSP:U1NM34) Scaled Net Operating Assets : -0.42 (As of Dec. 2023)


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What is Unum Group 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.

Unum Group's operating assets for the quarter that ended in Dec. 2023 was R$120,852 Mil. Unum Group's operating liabilities for the quarter that ended in Dec. 2023 was R$245,840 Mil. Unum Group's Total Assets for the quarter that ended in Sep. 2023 was R$296,097 Mil. Therefore, Unum Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.42.

Unum Group 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.

Unum Group'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 )
=(309222.458-245839.625)/320748.342
=0.20

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=309937.829 - 715.371
=309222.458

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=262647.899 - 16808.274 - 0
=245839.625

Unum Group'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 )
=(120851.607-245839.625)/296097.289
=-0.42

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=309937.829 - 189086.222
=120851.607

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=262647.899 - 16808.274 - 0
=245839.625

* 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.

Unum Group Scaled Net Operating Assets Related Terms

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Unum Group (BSP:U1NM34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Unum Group (BSP:U1NM34) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
UNM:USA UUM:Germany
Address
1 Fountain Square, Chattanooga, TN, USA, 37402
Website
https://www.unum.com
Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.