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Equitable Holdings EQH Deferred Sales Inducement Cost, Amortization Expense

Discontinued — last reported Q4 '22

Deferred Sales Inducement Cost, Amortization Expense at other companies

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$6.5M+22.6%
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$7M-22.2%

Segments

By product

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GMxB Legacy$5M+25.0%
GMxB Core$3M0.0%

Other financials

Income statement

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Revenue$1.7B-29.8%
Net income-$453.0M-29.8%
EPS (diluted)-$1.68-38.8%

Balance sheet

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Cash & equivalents$17.2B+14.9%
Total debt$3.8B-11.4%
Total equity-$785.0M-168%
Total assets$334.66B+10.4%

Cash flow

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Operating cash flow$643.0M+88.6%

Valuation

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Market cap$14B-9.3%
Enterprise value$658.75M-86.3%
P/S1.3×+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:DeferredSalesInducementsAmortizationExpense.

The source filing: Equitable Holdings’s 10-K, filed February 21, 2023.

Filed
Feb 21, 2023
Fiscal year
FY2022
Accession
0001333986-23-000004
Line itemYear Ended December 31, 2022Year Ended December 31, 2021Year Ended December 31, 2020
Balance, beginning of year$373$404$430
Amortization charged to income(39)(31)(26)
Balance, end of year$334$373$404

Item 8. Financial Statements and Supplementary Data

FAQ

What is Equitable Holdings's deferred sales inducement cost, amortization expense?
Equitable Holdings (EQH) reported deferred sales inducement cost, amortization expense of $9.75M in Q4 2022.
How has Equitable Holdings's deferred sales inducement cost, amortization expense changed year-over-year?
Equitable Holdings's deferred sales inducement cost, amortization expense increased by 25.8% year-over-year, from $7.75M to $9.75M.
What does deferred sales inducement cost, amortization expense mean?
Deferred Sales Inducement Cost, Amortization Expense

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