GWLOF.PFD (Great-West Lifeco) Scaled Net Operating Assets : 0.02 (As of Dec. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Great-West Lifeco 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.

Great-West Lifeco's operating assets for the quarter that ended in Dec. 2024 was $545,698.74 Mil. Great-West Lifeco's operating liabilities for the quarter that ended in Dec. 2024 was $532,940.97 Mil. Great-West Lifeco's Total Assets for the quarter that ended in Sep. 2024 was $575,624.54 Mil. Therefore, Great-West Lifeco's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.02.

Great-West Lifeco 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.

Great-West Lifeco's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2024 )
=	(Operating Assets (A: Dec. 2024 )	-	Operating Liabilities (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2023 )
=	(556326.946	-	532940.97)	/	531626.416
=	0.04

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	563039.938	-	6712.992
=	556326.946

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	540120.025	-	6811.96	-	367.095
=	532940.97

Great-West Lifeco's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2024 )
=	(Operating Assets (Q: Dec. 2024 )	-	Operating Liabilities (Q: Dec. 2024 ))	/	Total Assets (Q: Sep. 2024 )
=	(545698.743	-	532940.97)	/	575624.539
=	0.02

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	563039.938	-	17341.195
=	545698.743

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	540120.025	-	6811.96	-	367.095
=	532940.97

* 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.

Great-West Lifeco Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Great-West Lifeco's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Great-West Lifeco Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Great-West Lifeco Inc (OTCPK:GWLOF.PFD) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

GWLIF:USA 0AH3:UK GWS:Germany GWO.PR.T.PFD:Canada GWO.PR.S.PFD:Canada GWO.PR.R.PFD:Canada GWO.PR.Q.PFD:Canada GWO.PR.P.PFD:Canada GWO.PR.N.PFD:Canada GWO.PR.M.PFD:Canada GWO.PR.L.PFD:Canada GWO.PR.I.PFD:Canada GWO.PR.H.PFD:Canada GWO.PR.G.PFD:Canada GWO:Canada

Address

100 Osborne Street North, Winnipeg, MB, CAN, R3C 1V3

Website

https://www.greatwestlifeco.com

Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 31% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 26%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the UK, Ireland, and Germany. The Europe segment contributed around 21% of adjusted earnings and the reinsurance business accounts for around 22% of adjusted earnings.