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Brighthouse Financial (LTS:0HPH) Scaled Net Operating Assets : -0.35 (As of Dec. 2023)


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What is Brighthouse 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.

Brighthouse Financial's operating assets for the quarter that ended in Dec. 2023 was $150,329 Mil. Brighthouse Financial's operating liabilities for the quarter that ended in Dec. 2023 was $228,176 Mil. Brighthouse Financial's Total Assets for the quarter that ended in Sep. 2023 was $223,516 Mil. Therefore, Brighthouse Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.35.

Brighthouse 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.

Brighthouse 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 )
=(232489-228176)/224847
=0.02

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=236340 - 3851
=232489

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=231332 - 3156 - 0
=228176

Brighthouse Financial's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(150329-228176)/223516
=-0.35

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=236340 - 86011
=150329

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=231332 - 3156 - 0
=228176

* 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.

Brighthouse Financial Scaled Net Operating Assets Related Terms

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Brighthouse Financial (LTS:0HPH) Business Description

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Address
11225 North Community House Road, Gragg Building, Charlotte, NC, USA, 28277
Website
https://www.brighthousefinancial.com
Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are Annuities, Life, and Run-off. It derives a majority of the revenue from the Annuities segment which includes variable, fixed, index-linked and income annuities. The life segment includes variable, term, universal and whole life policies.