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CNA Financial (CNA Financial) Scaled Net Operating Assets : -0.48 (As of Dec. 2023)


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What is CNA 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.

CNA Financial's operating assets for the quarter that ended in Dec. 2023 was $21,776 Mil. CNA Financial's operating liabilities for the quarter that ended in Dec. 2023 was $51,787 Mil. CNA Financial's Total Assets for the quarter that ended in Sep. 2023 was $61,952 Mil. Therefore, CNA Financial's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.48.

CNA 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.

CNA 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 )
=(64366-51787)/61000
=0.21

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=64711 - 345
=64366

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=54818 - 2481 - 550
=51787

CNA 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 )
=(21776-51787)/61952
=-0.48

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=64711 - 42935
=21776

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=54818 - 2481 - 550
=51787

* 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.

CNA Financial Scaled Net Operating Assets Related Terms

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CNA Financial (CNA Financial) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » CNA Financial Corp (NYSE:CNA) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
CNH:Germany CNH:Germany
Address
151 N. Franklin Street, Chicago, IL, USA, 60606
Website
https://www.cna.com
CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.
Executives
Douglas Worman officer: EVP & Chief Underwriting Off 151 N. FRANKLIN, CHICAGO IL 60606
Susan Ann Stone officer: EVP & General Counsel 151 N. FRANKLIN ST., CHICAGO IL 60606
Loews Corp 10 percent owner 9 WEST 57TH STREET, NEW YORK NY 10019-2714
Jane Elizabeth Possell officer: EVP & CIO 151 N. FRANKLIN ST., CHICAGO IL 60606
Mark Steven James officer: EVP, Chief Risk & Rein Off 151 N. FRANKLIN STREET, CHICAGO IL 60606
Daniel Paul Franzetti officer: EVP, Claims 151 N. FRANKLIN ST., CHICAGO IL 60606
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Scott R Lindquist officer: EVP & CFO 151 N. FRANKLIN STREET, CHICAGO IL 60606
Amy Marie Smith officer: SVP & CAO 151 N. FRANKLIN STREET, CHICAGO IL 60606
Elizabeth Ann Aguinaga officer: EVP, Chief HR Officer 151 N. FRANKLIN, CHICAGO IL 60606
Gary Haase officer: EVP & COO 151 N. FRANKLIN ST., CHICAGO IL 60606
Dino Robusto director, officer: Chairman & CEO 151 N. FRANKLIN, CHICAGO IL 60606
Jalil Rehman officer: Pres. & CEO for UK and Europe 20 FENCHURCH STREET, LONDON X0 EC3M 3BY
Nick Creatura officer: President & CEO for Canada 66 WELLINGTON STREET WEST, SUITE 3700, TORONTO A6 M5K 1J5
Robert Joseph Hopper officer: EVP, Actuary 151 N. FRANKLIN ST., CHICAGO IL 60606