Equitable Holdings (Equitable Holdings) Scaled Net Operating Assets : -0.24 (As of Mar. 2024)

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What is Equitable Holdings 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.

Equitable Holdings's operating assets for the quarter that ended in Mar. 2024 was $207,614.00 Mil. Equitable Holdings's operating liabilities for the quarter that ended in Mar. 2024 was $275,430.00 Mil. Equitable Holdings's Total Assets for the quarter that ended in Dec. 2023 was $276,814.00 Mil. Therefore, Equitable Holdings's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.24.

Equitable Holdings 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.

Equitable Holdings'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 )
=	(268575	-	266023)	/	252702
=	0.01

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	276814	-	8239
=	268575

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	271656	-	5379	-	254
=	266023

Equitable Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(207614	-	275430)	/	276814
=	-0.24

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	285577	-	77963
=	207614

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	280831	-	5401	-	0
=	275430

* 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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Equitable Holdings (Equitable Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Equitable Holdings Inc (NYSE:EQHpA.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

EQHpC.PFD:USA EQH:USA AXJ:Germany

Address

1290 Avenue of the Americas, New York, NY, USA, 10104

Website

https://www.equitable.com

Equitable Holdings Inc is a financial services company in the us. The company provides variable annuities, tax-deferred investment and retirement plans, employee benefits, and protection solutions for individuals, families, and small businesses. Its business segments include Individual Retirement, Group Retirement, Investment Management, Research, and Protection Solutions. The Individual Retirement segment offers annuity products, the Group Retirement segment provides tax-deferred investment and retirement services, Investment Management and Research segment consist of diversified investment management, research, and related services, and the Protection Solutions segment focuses on life insurance products.