Unum Group (Unum Group) Scaled Net Operating Assets : -0.43 (As of Dec. 2023)

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What is Unum 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.

Unum Group's operating assets for the quarter that ended in Dec. 2023 was $24,665 Mil. Unum Group's operating liabilities for the quarter that ended in Dec. 2023 was $50,173 Mil. Unum Group's Total Assets for the quarter that ended in Sep. 2023 was $59,955 Mil. Therefore, Unum Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was -0.43.

Unum 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.

Unum 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 )
=	(63109.2	-	50173.4)	/	61148.5
=	0.21

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	63255.2	-	146
=	63109.2

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	53603.8	-	3430.4	-	0
=	50173.4

Unum Group'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 )
=	(24664.6	-	50173.4)	/	59954.5
=	-0.43

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	63255.2	-	38590.6
=	24664.6

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	53603.8	-	3430.4	-	0
=	50173.4

* 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.

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Unum Group (Unum Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Unum Group (NYSE:UNM) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

UUM:Germany UUM:Germany

Address

1 Fountain Square, Chattanooga, TN, USA, 37402

Website

https://www.unum.com

Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.

Executives

Puneet Bhasin	officer: Chief Info & Digital Officer	1001 FANNIN, SUITE 4000, HOUSTON TX 77002
Christopher W Pyne	officer: EVP, Group Benefits	1 FOUNTAIN SQUARE, LAW DEPT. (7N200), CHATTANOOGA TN 37402
Timothy Gerald Arnold	officer: EVP, President & CEO, Colonial	1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Mojgan M Lefebvre	director	385 WASHINGTON STREET, ST. PAUL MN 55102
Rice Walter Lynn Jr	officer: SVP, Chief Accounting Officer	1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402-1307
Michael Q Simonds	officer: EVP, President & CEO, Unum US	1 FOUNTAIN SQUARE, LAW DEPT. (7S730), CHATTANOOGA TN 37402
Gloria C Larson	director	UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Lisa G Iglesias	officer: EVP, General Counsel	1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
Richard P Mckenney	officer: Executive Vice President	UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Cherie Pashley	officer: SVP, Chief Accounting Officer	1 FOUNTAIN SQUARE, LAW DEPT. 7N200, CHATTANOOGA TN 37402
Gale V. King	director	123 SOUTH FRONT STREET, MEMPHIS TN 38103
Francis Shammo	director	1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Timothy F Keaney	director	1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
Mark Paul Till	officer: EVP & CEO Designate, Unum Intl	1 FOUNTAIN SQUARE, LAW DEPARTMENT (E7N200), CHATTANOOGA TN 37402
Martha Leiper	officer: EVP, Chief Investment Officer	9800 FREDERICKSBURG ROAD, SAN ANTONIO TX 78288