Principal Financial Group (LTS:0KO5) Scaled Net Operating Assets : -0.04 (As of Dec. 2024)

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What is Principal Financial 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.

Principal Financial Group's operating assets for the quarter that ended in Dec. 2024 was $283,727 Mil. Principal Financial Group's operating liabilities for the quarter that ended in Dec. 2024 was $298,087 Mil. Principal Financial Group's Total Assets for the quarter that ended in Sep. 2024 was $322,858 Mil. Therefore, Principal Financial Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.04.

Principal Financial 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.

Principal Financial Group'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 )
=	(309451.7	-	298086.6)	/	305000
=	0.04

where

	Operating Assets		(A: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	313663.6	-	4211.9
=	309451.7

	Operating Liabilities		(A: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	302194.6	-	3955.3	-	152.7
=	298086.6

Principal Financial Group'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 )
=	(283726.5	-	298086.6)	/	322857.7
=	-0.04

where

	Operating Assets		(Q: Dec. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	313663.6	-	29937.1
=	283726.5

	Operating Liabilities		(Q: Dec. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	302194.6	-	3955.3	-	152.7
=	298086.6

* 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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Principal Financial Group Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PFG:USA PG4:Germany PG4:Germany

Address

711 High Street, Des Moines, IA, USA, 50392

Website

https://www.principal.com

Principal Financial Group Inc is a financial services provider. It offers various financial products and services including retirement, asset management, and workplace benefits and protection solutions to individuals and institutional clients. The company, along with its subsidiaries, operates in the following reportable segments; Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Maximum revenue is generated from the Retirement and Income Solutions segment which provides workplace savings and retirement solutions, banking, trust and custodial services, individual variable annuities (including RILAs), pension risk transfer, and investment services to businesses, their employees, and other individuals.