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Voya Financial (FRA:V0Y) Scaled Net Operating Assets : -0.11 (As of Mar. 2024)


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What is Voya Financial 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.

Voya Financial's operating assets for the quarter that ended in Mar. 2024 was €124,861 Mil. Voya Financial's operating liabilities for the quarter that ended in Mar. 2024 was €140,109 Mil. Voya Financial's Total Assets for the quarter that ended in Dec. 2023 was €144,047 Mil. Therefore, Voya Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.11.


Voya Financial 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.

Voya Financial'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 )
=(143021.739-135351.034)/138396.064
=0.06

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=144046.945 - 1025.206
=143021.739

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=138496.344 - 3144.393 - 0.917
=135351.034

Voya Financial'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 )
=(124860.56-140108.64)/144046.945
=-0.11

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=148700.52 - 23839.96
=124860.56

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=143299.2 - 2829 - 361.56
=140108.64

* 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.


Voya Financial Scaled Net Operating Assets Related Terms

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Voya Financial (FRA:V0Y) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, New York, NY, USA, 10169
Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.