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M&G (LSE:MNG) Scaled Net Operating Assets : 0.04 (As of Dec. 2023)


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What is M&G 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.

M&G's operating assets for the quarter that ended in Dec. 2023 was £184,032 Mil. M&G's operating liabilities for the quarter that ended in Dec. 2023 was £177,062 Mil. M&G's Total Assets for the quarter that ended in Jun. 2023 was £189,420 Mil. Therefore, M&G's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.04.

M&G 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.

M&G'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 )
=(184032-177062)/191158
=0.04

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=189622 - 5590
=184032

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=185538 - 8476 - 0
=177062

M&G'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: Jun. 2023 )
=(184032-177062)/189420
=0.04

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=189622 - 5590
=184032

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=185538 - 8476 - 0
=177062

* 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.

M&G Scaled Net Operating Assets Related Terms

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M&G (LSE:MNG) Business Description

Industry
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Traded in Other Exchanges
MGPUF:USA MNGl:UK 7MP:Germany
Address
10 Fenchurch Avenue, London, GBR, EC3M 5AG
Website
https://www.mandgprudential.com
M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segments are 1) Asset Management segment which generates revenues by charging fees that are typically based on the level of assets under management. The Asset Management segment also earns investment management revenues from the proportion of Retail and Savings assets it manages, 2) Retail and Savings segment which includes M and G Wealth, Heritage business and Other Retail and Savings business which relates to the company's international savings business. and 3) Corporate Centre segment includes central corporate costs and debt costs.