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Equitable Holdings EQH SCS — Net transfers from (to) separate account

Discontinued — last reported Q1 '23

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Other financials

Income statement

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Revenue$4.2B-7.6%
Net income$621.0M+886%
EPS (diluted)$2.14+1,238%

Balance sheet

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Cash & equivalents$9.9B+21.3%
Total debt$3.8B-11.4%
Total equity$273.0M-88.6%
Total assets$310.38B+8.0%

Cash flow

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Operating cash flow$499.0M+216%

Valuation

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Market cap$12.75B-34.9%
Enterprise value$6.68B-64.1%
P/S1.1×-0.2×

Profitability

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Net margin-5.9%

Returns & leverage

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Return on equity-42%
Debt / equity14.1×+12.3×

Where this comes from

Reported directly by Equitable Holdings in its filing.

Tagged under the XBRL concept us-gaap:TransferToFromPolicyholderAccountBalanceToFromSeparateAccount.

The official record: Equitable Holdings’s 10-Q, filed May 9, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equitable Holdings's SCS — net transfers from (to) separate account?
Equitable Holdings (EQH) reported SCS — net transfers from (to) separate account of 198,200,000,000% in Q1 2023.
What does SCS — net transfers from (to) separate account mean?
The net flow of assets between the company's general account and the separate investment accounts for structured products.
How do you interpret SCS — net transfers from (to) separate account?
High net outflows to separate accounts suggest strong customer preference for market-linked investment growth, whereas inflows to the general account may indicate a flight to safety or increased hedging requirements.
How does SCS — net transfers from (to) separate account compare across companies?
Similar to net flows into separate accounts for variable annuity products across the insurance industry.