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Equitable Holdings (STU:AXJ) Scaled Net Operating Assets : -0.26 (As of Dec. 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 Dec. 2024 was €202,709 Mil. Equitable Holdings's operating liabilities for the quarter that ended in Dec. 2024 was €273,463 Mil. Equitable Holdings's Total Assets for the quarter that ended in Sep. 2024 was €269,389 Mil. Therefore, Equitable Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.26.

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. 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 )
=(275901.41-273463.295)/253838.438
=0.01

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=282552.03 - 6650.62
=275901.41

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=279144.59 - 5681.295 - 0
=273463.295

Equitable Holdings'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 )
=(202709.255-273463.295)/269389.089
=-0.26

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=282552.03 - 79842.775
=202709.255

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=279144.59 - 5681.295 - 0
=273463.295

* 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 Business Description

Industry
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Traded in Other Exchanges
EQHpC.PFD:USA EQHpA.PFD:USA EQH:USA
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Website
https://www.equitable.com
Equitable Holdings Inc is a financial services company in the U.S. 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, Asset Management, Protection Solutions, Wealth Management, and Legacy. It generates the majority of its revenue from the Asset Management segment which provides diversified investment management and related solutions globally to a broad range of clients through three main client channels - Institutional, Retail, and Private Wealth.