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Jackson Financial (STU:8WF) Scaled Net Operating Assets : -0.09 (As of Mar. 2024)


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What is Jackson 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.

Jackson Financial's operating assets for the quarter that ended in Mar. 2024 was €273,836 Mil. Jackson Financial's operating liabilities for the quarter that ended in Mar. 2024 was €299,757 Mil. Jackson Financial's Total Assets for the quarter that ended in Dec. 2023 was €302,844 Mil. Therefore, Jackson Financial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was -0.09.

Jackson 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.

Jackson 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 )
=(300378.939-289676.632)/297343.952
=0.04

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=302843.835 - 2464.896
=300378.939

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=293367.557 - 3690.925 - 0
=289676.632

Jackson 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 )
=(273836.16-299757.16)/302843.835
=-0.09

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=313057.6 - 39221.44
=273836.16

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=303530.08 - 3772.92 - 0
=299757.16

* 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.

Jackson Financial Scaled Net Operating Assets Related Terms

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Jackson Financial (STU:8WF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Jackson Financial Inc (STU:8WF) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
JXN:USA 0JKF:UK
Address
1 Corporate Way, Lansing, MI, USA, 48951
Website
https://www.jackson.com
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.