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iA Financial (TSX:IAF.PR.I.PFD) Scaled Net Operating Assets : 0.08 (As of Mar. 2024)


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What is iA 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.

iA Financial's operating assets for the quarter that ended in Mar. 2024 was C$95,943.00 Mil. iA Financial's operating liabilities for the quarter that ended in Mar. 2024 was C$88,747.00 Mil. iA Financial's Total Assets for the quarter that ended in Dec. 2023 was C$93,846.00 Mil. Therefore, iA Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.08.

iA 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.

iA 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 )
=(92467-84940)/84428
=0.09

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=93846 - 1379
=92467

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=86808 - 1868 - 0
=84940

iA 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 )
=(95943-88747)/93846
=0.08

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=97405 - 1462
=95943

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=90247 - 1500 - 0
=88747

* 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.

iA Financial Scaled Net Operating Assets Related Terms

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iA Financial (TSX:IAF.PR.I.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » iA Financial Corp Inc (TSX:IAF.PR.I.PFD) » Definitions » Scaled Net Operating Assets
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TSX:SLF BRK.A XTER:ALV XPAR:CS XSWX:ZURN AIG MIL:G ACGL OHEL:SAMPO XTER:TLX XSWX:SLHN LSE:AV. XAMS:NN EQH OCSE:TRYG BSP:BBSE3 XAMS:AGN XAMS:ASRNL BOM:540716 XBRU:AGS
Traded in Other Exchanges
IAFNF:USA IAF.PR.B.PFD:Canada IAG:Canada
Address
1080, Grande Allee Ouest, PO Box 1907, Station Terminus, Quebec, QC, CAN, G1K 7M3
Website
http://www.ia.ca
iA Financial Corp Inc is a life and health insurance company. It offers life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgages, and others. The company operates and manages its activities according to five main reportable operating segments Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and U.S Operations.