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National Western Life Group (National Western Life Group) Scaled Net Operating Assets : -0.41 (As of Mar. 2024)


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What is National Western Life 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.

National Western Life Group's operating assets for the quarter that ended in Mar. 2024 was $4,570.3 Mil. National Western Life Group's operating liabilities for the quarter that ended in Mar. 2024 was $9,619.5 Mil. National Western Life Group's Total Assets for the quarter that ended in Dec. 2023 was $12,250.6 Mil. Therefore, National Western Life Group's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.41.

National Western Life 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.

National Western Life Group'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 )
=(11767.857-9810.891)/12782.945
=0.15

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12250.615 - 482.758
=11767.857

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9810.891 - 0 - 0
=9810.891

National Western Life Group'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 )
=(4570.299-9619.469)/12250.615
=-0.41

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=12116.444 - 7546.145
=4570.299

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9619.469 - 0 - 0
=9619.469

* 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.

National Western Life Group Scaled Net Operating Assets Related Terms

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National Western Life Group (National Western Life Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » National Western Life Group Inc (NAS:NWLI) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
N/A
Address
10801 N. Mopac Expy Building 3, Austin, TX, USA, 78759
Website
https://www.nwlgi.com
National Western Life Group Inc is a global insurance company that provides insurance products for the savings, protection, and retirement needs of policyholders. The company's product portfolio includes individual whole life, universal life and term insurance plans, and annuities. The company is organized into four operating business segments based on product types and geographic marketing areas: Domestic life insurance, International life insurance, Annuities, and Acquired businesses. The annuities segment contributes roughly half of the company's revenue, and most of the company's revenue is earned in the United States.
Executives
E J Pederson director 850 EAST ANDERSON LANE, AUSTIN TX 78752
Ross R Moody director, officer: President & Interim CEO 850 E. ANDERSON LANE, AUSTIN TX 78752
David S Boone director AMERICAN CARESOURCE HOLDINGS, INC., 5429 LYNDON B. JOHNSON FREEWAY, #100, DALLAS TX 75240
Thomas A Blackwell director 850 E. ANDERSON LANE, AUSTIN TX 78752
Rey Jr Perez officer: Sr VP - CLO & Secretary 850 E. ANDERSON LANE, AUSTIN TX 78752
Gina Byrne Miller other: NWLIC SVP - CLO & Secretary 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Allison L Lounsbury other: NWLIC - VP Controller 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Van De Berg Stephen M other: NWLIC - SVP Chief Actuary CRO 10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Chad J Tope other: NWLIC - EVP CMO 10801 N. MOPAC EXPY, BLDG 3, AUSTIN TX 78759
Natalie U Anderson other: NWLIC - VP Head of Investments 10801 N. MOPAC EXPY., BLDG. 3, AUSTIN TX 78759
Robert L Moody 10 percent owner 850 EAST ANDERSON LANE, AUSTIN TX 78752
Robert L. Moody Revocable Trust 10 percent owner C/O MOODY NATIONAL BANK, 2302 POSTOFFICE ST., GALVESTON TX 77550
Gregory J Owen other: NWLIC - SVP CIO 10801 N. MOPAC EXPY BLDG 3, AUSTIN TX 78759
Russell S. Moody director 850 E. ANDERSON LANE, AUSTIN TX 78752
E Douglas Mcleod director 850 EAST ANDERSON LANE, AUSTIN TX 78752