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Molina Healthcare (Molina Healthcare) Scaled Net Operating Assets : -0.14 (As of Mar. 2024)


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What is Molina Healthcare 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.

Molina Healthcare's operating assets for the quarter that ended in Mar. 2024 was $6,576 Mil. Molina Healthcare's operating liabilities for the quarter that ended in Mar. 2024 was $8,638 Mil. Molina Healthcare's Total Assets for the quarter that ended in Dec. 2023 was $14,892 Mil. Therefore, Molina Healthcare's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.14.


Molina Healthcare Scaled Net Operating Assets Historical Data

The historical data trend for Molina Healthcare's Scaled Net Operating Assets can be seen below:

* 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.

* Premium members only.

Molina Healthcare Scaled Net Operating Assets Chart

Molina Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.23 -0.28 -0.18 -0.20

Molina Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.22 -0.21 -0.25 -0.17 -0.14

Competitive Comparison of Molina Healthcare's Scaled Net Operating Assets

For the Healthcare Plans subindustry, Molina Healthcare's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Molina Healthcare's Scaled Net Operating Assets Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Molina Healthcare's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Molina Healthcare's Scaled Net Operating Assets falls into.



Molina Healthcare 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.

Molina Healthcare'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 )
=(5785-8292)/12314
=-0.20

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=14892 - 9107
=5785

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10677 - 2385 - 0
=8292

Molina Healthcare'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 )
=(6576-8638)/14892
=-0.14

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=15513 - 8937
=6576

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=11020 - 2382 - 0
=8638

* 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.


Molina Healthcare Scaled Net Operating Assets Related Terms

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Molina Healthcare (Molina Healthcare) Business Description

Traded in Other Exchanges
Address
200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.
Executives
Ronna Romney director
Steven J Orlando director
Maurice Hebert officer: Chief Accounting Officer C/O WELLCARE HEALTH PLANS, INC., 8735 HENDERSON ROAD, TAMPA FL 33634
Marc Russo officer: Executive Vice President C/O WELLCARE HEALTH PLANS, INC., 8725 HENDERSON ROAD, REN. 1, TAMPA FL 33634
Jeff D. Barlow officer: Chief Legal Officer 300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Barbara L Brasier director C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Daniel Cooperman director DANIEL COOPERMAN, 930 CULEBRA ROAD, HILLSBOROUGH CA 94010
Dale B Wolf director
Richard M Schapiro director 300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Joseph M Zubretsky director, officer: President & CEO C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Mark Lowell Keim officer: Executive Vice President 440 LINCOLN STREET, E-6, WORCESTER MA 01653
James Woys officer: Executive Vice President 21650 OXNARD STREET, 22ND FLOOR, WOODLAND HILLS CA 91367
Thomas L Tran officer: Chief Financial Officer 8735 HENDERSON ROAD, TAMPA FL 33625
Stephen H Lockhart director C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Garrey Carruthers director 5258 REDMAN RD., LAS CRUCES NM 88011